Keybank National Association OH increased its position in shares of Vulcan Materials Company (NYSE:VMC) by 11.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 12,409 shares of the company’s stock after buying an additional 1,322 shares during the period. Keybank National Association OH’s holdings in Vulcan Materials Company were worth $1,553,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. IFP Advisors Inc raised its stake in Vulcan Materials Company by 1.4% in the second quarter. IFP Advisors Inc now owns 1,872 shares of the company’s stock worth $225,000 after buying an additional 25 shares in the last quarter. Eqis Capital Management Inc. raised its stake in Vulcan Materials Company by 1.4% in the third quarter. Eqis Capital Management Inc. now owns 1,899 shares of the company’s stock worth $216,000 after buying an additional 26 shares in the last quarter. Conning Inc. raised its stake in Vulcan Materials Company by 0.9% in the third quarter. Conning Inc. now owns 3,219 shares of the company’s stock worth $366,000 after buying an additional 30 shares in the last quarter. Stephens Inc. AR raised its stake in Vulcan Materials Company by 0.5% in the third quarter. Stephens Inc. AR now owns 9,259 shares of the company’s stock worth $1,053,000 after buying an additional 48 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. raised its stake in Vulcan Materials Company by 1.5% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 3,414 shares of the company’s stock worth $388,000 after buying an additional 49 shares in the last quarter. 87.90% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Vulcan Materials Company (NYSE:VMC)

Shares of Vulcan Materials Company (NYSE:VMC) traded down 1.61% during midday trading on Friday, hitting $118.46. The stock had a trading volume of 651,763 shares. The company has a market cap of $15.70 billion, a P/E ratio of 38.35 and a beta of 1.19. Vulcan Materials Company has a one year low of $92.26 and a one year high of $138.18. The stock has a 50 day moving average of $126.26 and a 200-day moving average of $120.31.

Vulcan Materials Company (NYSE:VMC) last posted its quarterly earnings results on Tuesday, February 7th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.85 by $0.16. Vulcan Materials Company had a net margin of 11.00% and a return on equity of 8.61%. The firm had revenue of $873 million for the quarter, compared to analysts’ expectations of $910.06 million. During the same period last year, the firm posted $0.74 EPS. Vulcan Materials Company’s revenue was up 1.8% on a year-over-year basis. Analysts forecast that Vulcan Materials Company will post $4.01 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Shareholders of record on Friday, February 24th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, February 22nd. This is an increase from Vulcan Materials Company’s previous quarterly dividend of $0.20. Vulcan Materials Company’s payout ratio is 27.40%.

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Several equities research analysts have recently weighed in on the company. Stephens lowered Vulcan Materials Company from an “overweight” rating to an “equal weight” rating in a research report on Thursday, November 17th. SunTrust Banks, Inc. raised Vulcan Materials Company from a “hold” rating to a “buy” rating and raised their target price for the stock from $110.00 to $129.00 in a research report on Wednesday, October 26th. Bank of America Corporation lowered Vulcan Materials Company from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 16th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered Vulcan Materials Company from a “buy” rating to a “hold” rating in a research report on Friday, January 6th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $133.22.

About Vulcan Materials Company

Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company has four segments organized around its principal product lines: Aggregates, Asphalt Mix, Concrete and Calcium. The Company operates approximately 344 aggregates facilities.

5 Day Chart for NYSE:VMC

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