Verdence Capital Advisors LLC boosted its holdings in shares of Vulcan Supplies (NYSE:VMC – Free Report) by 11.2% through the third quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 4,589 shares of the development firm’s inventory after buying an extra 464 shares through the quarter. Verdence Capital Advisors LLC’s holdings in Vulcan Supplies had been price $1,149,000 as of its most up-to-date SEC submitting.
Different institutional buyers have additionally purchased and bought shares of the corporate. Washington Belief Advisors Inc. lifted its holdings in shares of Vulcan Supplies by 240.4% within the third quarter. Washington Belief Advisors Inc. now owns 160 shares of the development firm’s inventory valued at $40,000 after buying an extra 113 shares over the past quarter. SpiderRock Advisors LLC bought a brand new stake in Vulcan Supplies through the third quarter valued at roughly $1,040,000. Leavell Funding Administration Inc. lifted its stake in shares of Vulcan Supplies by 0.9% within the third quarter. Leavell Funding Administration Inc. now owns 53,875 shares of the development firm’s inventory valued at $13,492,000 after buying an extra 464 shares over the past quarter. Capital Efficiency Advisors LLP bought a brand new place in shares of Vulcan Supplies within the third quarter price roughly $42,000. Lastly, Valley Brook Capital Group Inc. boosted its holdings in shares of Vulcan Supplies by 5.1% within the third quarter. Valley Brook Capital Group Inc. now owns 1,025 shares of the development firm’s inventory price $257,000 after buying an extra 50 shares through the interval. Institutional buyers personal 90.39% of the corporate’s inventory.
Analysts Set New Worth Targets
A variety of analysts just lately issued studies on VMC shares. Royal Financial institution of Canada lowered their value goal on Vulcan Supplies from $267.00 to $257.00 and set a “sector carry out” score for the corporate in a analysis report on Wednesday, August seventh. Truist Monetary raised their goal value on shares of Vulcan Supplies from $300.00 to $315.00 and gave the inventory a “purchase” score in a report on Friday, November 1st. Citigroup decreased their value goal on shares of Vulcan Supplies from $297.00 to $292.00 and set a “purchase” score on the inventory in a analysis report on Thursday, August eighth. StockNews.com raised shares of Vulcan Supplies from a “promote” score to a “maintain” score in a analysis be aware on Friday, November 1st. Lastly, JPMorgan Chase & Co. dropped their goal value on Vulcan Supplies from $250.00 to $245.00 and set a “impartial” score for the corporate in a analysis report on Wednesday, October ninth. 5 analysts have rated the inventory with a maintain score and ten have given a purchase score to the corporate’s inventory. Based on information from MarketBeat, the inventory at present has a consensus score of “Average Purchase” and a mean goal value of $280.46.
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Vulcan Supplies Worth Efficiency
VMC opened at $292.31 on Monday. Vulcan Supplies has a 12-month low of $208.09 and a 12-month excessive of $298.31. The corporate has a present ratio of two.86, a fast ratio of two.02 and a debt-to-equity ratio of 0.42. The enterprise’s fifty day easy shifting common is $251.73 and its 200-day easy shifting common is $253.15. The corporate has a market capitalization of $38.60 billion, a price-to-earnings ratio of 46.11, a PEG ratio of two.81 and a beta of 0.81.
Vulcan Supplies (NYSE:VMC – Get Free Report) final posted its earnings outcomes on Wednesday, October thirtieth. The development firm reported $2.22 EPS for the quarter, lacking analysts’ consensus estimates of $2.34 by ($0.12). Vulcan Supplies had a internet margin of 11.43% and a return on fairness of 11.88%. The enterprise had income of $2 billion for the quarter, in comparison with analysts’ expectations of $2.01 billion. Throughout the identical interval final yr, the enterprise posted $2.29 EPS. The corporate’s income for the quarter was down 8.3% on a year-over-year foundation. On common, equities analysis analysts anticipate that Vulcan Supplies will put up 7.2 earnings per share for the present fiscal yr.
Vulcan Supplies Broadcasts Dividend
The enterprise additionally just lately introduced a quarterly dividend, which will probably be paid on Wednesday, November twenty seventh. Shareholders of document on Monday, November 4th will probably be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.84 dividend on an annualized foundation and a yield of 0.63%. Vulcan Supplies’s dividend payout ratio is at present 29.02%.
Vulcan Supplies Firm Profile
Vulcan Supplies Firm, along with its subsidiaries, produces and provides development aggregates primarily in the US. It operates by means of 4 segments: Aggregates, Asphalt, Concrete, and Calcium. The corporate gives crushed stones, sand and gravel, sand, and different aggregates; and associated services and products which are utilized in development and upkeep of highways, streets, and different public works, in addition to within the development of housing and industrial, industrial, and different nonresidential amenities.
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