Entropy Technologies LP Sells 2,081 Shares of Vulcan Materials (NYSE:VMC)

Entropy Technologies LP reduced its stake in shares of Vulcan Materials (NYSE:VMC) by 14.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,211 shares of the construction company’s stock after selling 2,081 shares during the period. Entropy Technologies LP’s holdings in Vulcan Materials were worth $3,141,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VMC. Ashton Thomas Securities LLC acquired a new stake in shares of Vulcan Materials in the third quarter valued at about $30,000. Concord Wealth Partners acquired a new stake in Vulcan Materials during the third quarter worth about $35,000. Washington Trust Advisors Inc. grew its position in Vulcan Materials by 240.4% during the third quarter. Washington Trust Advisors Inc. now owns 160 shares of the construction company’s stock worth $40,000 after buying an additional 113 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Vulcan Materials during the third quarter valued at approximately $42,000. Finally, Asset Dedication LLC boosted its holdings in Vulcan Materials by 146.5% during the third quarter. Asset Dedication LLC now owns 175 shares of the construction company’s stock valued at $44,000 after purchasing an additional 104 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Vulcan Materials Price Performance

Shares of NYSE VMC opened at $272.65 on Friday. The stock has a market capitalization of $36.01 billion, a price-to-earnings ratio of 43.00, a PEG ratio of 2.14 and a beta of 0.84. The business has a 50-day moving average of $269.51 and a 200-day moving average of $261.20. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.86 and a quick ratio of 2.02. Vulcan Materials has a fifty-two week low of $225.36 and a fifty-two week high of $298.31.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on VMC shares. Citigroup decreased their price objective 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 target price on shares of Vulcan Materials in a research note on Thursday, January 2nd. StockNews.com upgraded shares of Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Barclays boosted their price objective on shares of Vulcan Materials from $250.00 to $285.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Finally, Raymond James dropped their price objective on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Vulcan Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $301.18.

Vulcan Materials Profile

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.