Vulcan Materials (NYSE:VMC) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its stake in Vulcan Materials (NYSE:VMC) by 63.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,274 shares of the construction company’s stock after selling 15,810 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Vulcan Materials were worth $2,386,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VMC. Virtu Financial LLC purchased a new position in Vulcan Materials during the 3rd quarter valued at about $811,000. Campbell Newman Asset Management Inc. purchased a new position in shares of Vulcan Materials in the fourth quarter valued at approximately $15,719,000. Franklin Resources Inc. boosted its stake in shares of Vulcan Materials by 284.9% in the third quarter. Franklin Resources Inc. now owns 44,650 shares of the construction company’s stock valued at $11,104,000 after purchasing an additional 33,051 shares during the period. Fiduciary Alliance LLC acquired a new position in shares of Vulcan Materials in the fourth quarter valued at approximately $612,000. Finally, Heritage Family Offices LLP purchased a new stake in Vulcan Materials during the 4th quarter worth approximately $994,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on VMC shares. UBS Group assumed coverage on shares of Vulcan Materials in a research report on Thursday, November 7th. They issued a “buy” rating and a $349.00 price target for the company. JPMorgan Chase & Co. boosted 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. Citigroup cut their price target on Vulcan Materials from $325.00 to $301.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Stephens reiterated an “overweight” rating and issued a $325.00 price objective on shares of Vulcan Materials in a research note on Thursday, January 2nd. Finally, Raymond James cut their target price on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Vulcan Materials has a consensus rating of “Moderate Buy” and a consensus target price of $301.18.

Vulcan Materials Trading Down 1.0 %

Shares of Vulcan Materials stock opened at $271.38 on Tuesday. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $270.96 and a 200-day simple moving average of $260.70. The stock has a market cap of $35.84 billion, a price-to-earnings ratio of 42.80, a PEG ratio of 2.12 and a beta of 0.83. Vulcan Materials has a 12-month low of $225.36 and a 12-month high of $298.31.

About Vulcan Materials

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.