Caledonia Private Investments Pty Ltd increased its holdings in shares of Vulcan Materials (NYSE:VMC) by 4.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,474,352 shares of the construction company’s stock after purchasing an additional 65,040 shares during the period. Vulcan Materials accounts for approximately 4.8% of Caledonia Private Investments Pty Ltd’s holdings, making the stock its 5th largest position. Caledonia Private Investments Pty Ltd owned about 1.11% of Vulcan Materials worth $189,263,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Cerebellum GP LLC bought a new stake in shares of Vulcan Materials during the fourth quarter worth approximately $133,000. Tower Research Capital LLC TRC boosted its holdings in shares of Vulcan Materials by 1,140.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,451 shares of the construction company’s stock worth $187,000 after acquiring an additional 1,334 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in shares of Vulcan Materials during the fourth quarter worth approximately $200,000. Dorsey & Whitney Trust CO LLC bought a new stake in shares of Vulcan Materials during the fourth quarter worth approximately $205,000. Finally, Cetera Advisor Networks LLC bought a new stake in shares of Vulcan Materials during the fourth quarter worth approximately $208,000. Institutional investors own 92.29% of the company’s stock.
In other Vulcan Materials news, insider Michael R. Mills sold 4,659 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $133.25, for a total transaction of $620,811.75. Following the completion of the transaction, the insider now directly owns 45,351 shares in the company, valued at $6,043,020.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael R. Mills sold 3,738 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $134.56, for a total transaction of $502,985.28. Following the transaction, the insider now owns 44,581 shares of the company’s stock, valued at $5,998,819.36. The disclosure for this sale can be found here. 0.89% of the stock is owned by insiders.
Shares of Vulcan Materials (NYSE:VMC) opened at $121.67 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.80. Vulcan Materials has a 1 year low of $108.95 and a 1 year high of $141.20. The firm has a market cap of $16,090.00, a P/E ratio of 55.30, a PEG ratio of 1.26 and a beta of 0.95.
Vulcan Materials (NYSE:VMC) last released its quarterly earnings results on Friday, February 16th. The construction company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. Vulcan Materials had a net margin of 15.45% and a return on equity of 8.68%. The company had revenue of $977.50 million during the quarter, compared to the consensus estimate of $929.36 million. During the same period in the previous year, the business earned $0.69 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. analysts predict that Vulcan Materials will post 4.4 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Friday, February 23rd were given a dividend of $0.28 per share. This is an increase from Vulcan Materials’s previous quarterly dividend of $0.25. This represents a $1.12 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend was Thursday, February 22nd. Vulcan Materials’s payout ratio is currently 50.91%.
Vulcan Materials Company Profile
Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).
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