Values First Advisors Inc. Takes $322,000 Position in Vulcan Materials (NYSE:VMC)

Values First Advisors Inc. purchased a new position in shares of Vulcan Materials (NYSE:VMC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,251 shares of the construction company’s stock, valued at approximately $322,000.

A number of other large investors also recently bought and sold shares of the business. Ashton Thomas Securities LLC purchased a new stake in Vulcan Materials in the third quarter worth $30,000. Concord Wealth Partners bought a new position in shares of Vulcan Materials in the third quarter worth about $35,000. Washington Trust Advisors Inc. grew its holdings in shares of Vulcan Materials by 240.4% in the third quarter. Washington Trust Advisors Inc. now owns 160 shares of the construction company’s stock worth $40,000 after purchasing an additional 113 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Vulcan Materials in the 3rd quarter worth about $42,000. Finally, Asset Dedication LLC lifted its holdings in Vulcan Materials by 146.5% during the 3rd quarter. Asset Dedication LLC now owns 175 shares of the construction company’s stock valued at $44,000 after buying an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VMC shares. Raymond James dropped their target price on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. Truist Financial increased their price objective on Vulcan Materials from $300.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. lifted their target price on Vulcan Materials from $245.00 to $290.00 and gave the company a “neutral” rating in a research report on Wednesday, November 27th. UBS Group assumed coverage on Vulcan Materials in a research report on Thursday, November 7th. They set a “buy” rating and a $349.00 price target on the stock. Finally, StockNews.com upgraded Vulcan Materials from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $301.18.

Vulcan Materials Trading Down 1.4 %

Shares of NYSE VMC opened at $264.04 on Thursday. Vulcan Materials has a 1-year low of $225.36 and a 1-year high of $298.31. The business has a fifty day moving average price of $268.75 and a 200 day moving average price of $261.43. The stock has a market capitalization of $34.87 billion, a P/E ratio of 41.65, a price-to-earnings-growth ratio of 2.14 and a beta of 0.84. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.86 and a quick ratio of 2.02.

Vulcan Materials Profile

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities.