Vulcan Materials (NYSE:VMC) Stake Cut by New York State Common Retirement Fund
From MarketBeat:
New York State Common Retirement Fund cut its shares in Vulcan Materials by 13.4% in the 3rd quarter. This brought their holdings down to 136,719 shares, valued at $27,620,000. Several other institutional investors have also recently bought and sold shares of VMC, who own 90.10% in total.
Insiders have recently sold shares of Vulcan Materials stock, such as Stanley G. Bass and SVP David P. Clement. Over the last ninety days, insiders have sold 7,728 shares of company stock valued at $1,641,060. Institutional investors own 90.10% of the company’s stock.
Vulcan Materials has been the focus of many recent research reports. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.85.
Vulcan Materials Company, along with its subsidiaries, produces and supplies construction aggregates primarily in the United States. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates. Vulcan Materials has a 1 year low of $159.76 and a 1 year high of $235.43, with a market cap of $31.15 billion.
Read more: Vulcan Materials (NYSE:VMC) Stake Cut by New York State Common Retirement Fund