Heck Capital Advisors LLC Has $403,000 Stake in Vulcan Materials Company $VMC

Heck Capital Advisors LLC lifted its stake in Vulcan Materials Company (NYSE:VMC) by 7.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,547 shares of the construction company’s stock after purchasing an additional 109 shares during the period. Heck Capital Advisors LLC’s holdings in Vulcan Materials were worth $403,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Unified Investment Management lifted its stake in shares of Vulcan Materials by 1.7% during the second quarter. Unified Investment Management now owns 2,259 shares of the construction company’s stock valued at $589,000 after acquiring an additional 38 shares during the period. Manchester Capital Management LLC raised its holdings in Vulcan Materials by 26.9% during the 1st quarter. Manchester Capital Management LLC now owns 184 shares of the construction company’s stock worth $43,000 after purchasing an additional 39 shares during the last quarter. Chemistry Wealth Management LLC lifted its position in Vulcan Materials by 3.0% during the 2nd quarter. Chemistry Wealth Management LLC now owns 1,343 shares of the construction company’s stock valued at $350,000 after purchasing an additional 39 shares during the period. ORG Partners LLC boosted its stake in shares of Vulcan Materials by 86.3% in the 2nd quarter. ORG Partners LLC now owns 95 shares of the construction company’s stock valued at $25,000 after purchasing an additional 44 shares during the last quarter. Finally, DRW Securities LLC boosted its stake in shares of Vulcan Materials by 2.6% in the 1st quarter. DRW Securities LLC now owns 1,748 shares of the construction company’s stock valued at $408,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on VMC. Weiss Ratings reissued a “buy (b-)” rating on shares of Vulcan Materials in a research note on Saturday, September 27th. JPMorgan Chase & Co. increased their price target on Vulcan Materials from $285.00 to $330.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Royal Bank Of Canada reduced their price target on Vulcan Materials from $286.00 to $279.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. Barclays lifted their price objective on Vulcan Materials from $285.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Morgan Stanley cut their target price on Vulcan Materials from $303.00 to $285.00 and set an “equal weight” rating on the stock in a research note on Monday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Vulcan Materials has an average rating of “Buy” and an average price target of $308.36.

Insider Activity

In related news, SVP David P. Clement sold 698 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $298.56, for a total transaction of $208,394.88. Following the completion of the sale, the senior vice president directly owned 2,832 shares of the company’s stock, valued at approximately $845,521.92. This represents a 19.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.61% of the company’s stock.

Vulcan Materials Trading Up 0.1%

Shares of NYSE VMC opened at $304.88 on Tuesday. Vulcan Materials Company has a twelve month low of $215.08 and a twelve month high of $309.17. The stock has a market cap of $40.28 billion, a price-to-earnings ratio of 42.58, a P/E/G ratio of 2.49 and a beta of 0.92. The company has a quick ratio of 1.13, a current ratio of 1.67 and a debt-to-equity ratio of 0.52. The company’s fifty day moving average is $292.05 and its 200-day moving average is $269.57.

Vulcan Materials (NYSE:VMC) last issued its quarterly earnings data on Thursday, July 31st. The construction company reported $2.45 EPS for the quarter, missing the consensus estimate of $2.65 by ($0.20). The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.23 billion. Vulcan Materials had a return on equity of 12.81% and a net margin of 12.52%.The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.35 EPS. Equities research analysts predict that Vulcan Materials Company will post 8.69 EPS for the current year.

Vulcan Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Thursday, August 14th were issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, August 14th. Vulcan Materials’s payout ratio is 27.37%.

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.