Vulcan Materials (NYSE:VMC) Shares Bought by Pflug Koory LLC
From MarketBeat:
Pflug Koory LLC increased its holdings in Vulcan Materials by 59.0% and now owns over 38,000 shares. Norges Bank, Barclays PLC, Vanguard Group, Morgan Stanley, and Two Sigma Investments LP also made changes to their positions. Vulcan Materials’ last quarterly earnings data exceeded expectations. The company has a market capitalization of $29.76 billion and a fifty-two week high of $229.75.
Vulcan Materials’ stock had a trading volume of 710,997 shares on Friday, with a 50-day moving average price of $217.78 and a 200-day moving average price of $215.67. The company’s stock has a beta of 0.79. They last announced quarterly earnings of $2.29 per share, with revenue of $2.19 billion. Analysts predict that Vulcan Materials will post 6.87 EPS for the current fiscal year.
Fourteen analysts have rated Vulcan Materials’ stock, with an average rating of “Moderate Buy” and an average price target of $243.21.
Insider transactions at Vulcan Materials include Stanley G. Bass and Melissa H. Anderson selling shares in December and October. The company’s insiders have sold a total of 8,228 shares over the last ninety days, owning 0.62% of the company’s stock.
Vulcan Materials Company, with a “Moderate Buy” rating, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, and related products and services for construction and maintenance projects.
While Vulcan Materials currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat has also released its list of 20 stocks that Wall Street analysts hate.
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