Marks Group Wealth Management Inc Buys 283 Shares of Vulcan Materials (NYSE:VMC)

Marks Group Wealth Management Inc boosted its stake in shares of Vulcan Materials (NYSE:VMC) by 15.2% in the 4th quarter, HoldingsChannel reports. The fund owned 2,146 shares of the construction company’s stock after buying an additional 283 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Vulcan Materials were worth $552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. boosted its stake in shares of Vulcan Materials by 16.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 254 shares of the construction company’s stock valued at $65,000 after purchasing an additional 36 shares during the period. United Asset Strategies Inc. boosted its position in Vulcan Materials by 1.1% during the 3rd quarter. United Asset Strategies Inc. now owns 3,747 shares of the construction company’s stock valued at $938,000 after buying an additional 39 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Vulcan Materials by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,987 shares of the construction company’s stock worth $498,000 after acquiring an additional 44 shares during the last quarter. Golden State Equity Partners increased its position in shares of Vulcan Materials by 4.5% in the third quarter. Golden State Equity Partners now owns 1,099 shares of the construction company’s stock valued at $275,000 after acquiring an additional 47 shares during the period. Finally, Valley Brook Capital Group Inc. raised its stake in shares of Vulcan Materials by 5.1% during the third quarter. Valley Brook Capital Group Inc. now owns 1,025 shares of the construction company’s stock valued at $257,000 after acquiring an additional 50 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Vulcan Materials from $245.00 to $290.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 27th. Barclays lifted their price objective on Vulcan Materials from $250.00 to $285.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. StockNews.com upgraded Vulcan Materials from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Stephens reiterated an “overweight” rating and issued a $325.00 price target on shares of Vulcan Materials in a report on Thursday, January 2nd. Finally, UBS Group began coverage on shares of Vulcan Materials in a report on Thursday, November 7th. They issued a “buy” rating and a $349.00 price objective for the company. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Vulcan Materials presently has a consensus rating of “Moderate Buy” and an average price target of $301.18.

Vulcan Materials Stock Down 1.4 %

Shares of Vulcan Materials stock 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 firm has a market cap of $34.87 billion, a price-to-earnings ratio of 41.65, a PEG ratio of 2.14 and a beta of 0.84. The company has a 50-day moving average of $268.75 and a 200 day moving average of $261.43. 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 Company 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.