Vulcan Materials Company (VMC) : Prospera Financial Services Inc added new position in Vulcan Materials Company during the most recent quarter end. The investment management firm now holds 40,150 shares of Vulcan Materials Company which is valued at $4,296,050 , the company said in a statement filed on Apr 12, 2016 with the SEC.Vulcan Materials Company makes up approximately 0.95% of Prospera Financial Services Inc’s portfolio.
Vulcan Materials Company opened for trading at $106.64 and hit $107.11 on the upside on Friday, eventually ending the session at $107, with a gain of 0.39% or 0.42 points. The heightened volatility saw the trading volume jump to 5,49,148 shares. Company has a market cap of $14,250 M.
Other Hedge Funds, Including , Daiwa Sb Investments Ltd. added VMC to its portfolio by purchasing 2,220 company shares during the most recent quarter which is valued at $237,540. Vulcan Materials Company makes up approx 0.06% of Daiwa Sb Investments Ltd.’s portfolio.Central Bank Trust Co boosted its stake in VMC in the latest quarter, The investment management firm added 12 additional shares and now holds a total of 212 shares of Vulcan Materials Company which is valued at $22,684. Vulcan Materials Company makes up approx 0.01% of Central Bank Trust Co’s portfolio.Creative Planning boosted its stake in VMC in the latest quarter, The investment management firm added 1,390 additional shares and now holds a total of 2,421 shares of Vulcan Materials Company which is valued at $257,933.Chevy Chase Trust Holdings boosted its stake in VMC in the latest quarter, The investment management firm added 2,479 additional shares and now holds a total of 113,456 shares of Vulcan Materials Company which is valued at $12,087,602. Vulcan Materials Company makes up approx 0.07% of Chevy Chase Trust Holdings’s portfolio.
On the company’s financial health, Vulcan Materials Company reported $0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $0.60. The company had revenue of $857.00 million for the quarter, compared to analysts expectations of $845.42 million. The company’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.
Many Wall Street Analysts have commented on Vulcan Materials Company. Company shares were Reiterated by RBC Capital Mkts on Feb 5, 2016 to “Outperform”, Firm has raised the Price Target to $ 106 from a previous price target of $98 .
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 operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates Concrete Asphalt Mix 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). The Company produces and sells ready-mixed concrete in Georgia Maryland New Mexico Texas Virginia Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona California New Mexico and Texas. The Company’s Calcium segment operates a quarry at Brooksville Florida which provides feedstock for the ground calcium operation.