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Can Cuts Stock Position in Vulcan Materials Great West Life Assurance Co.

Can Cuts Stock Position in Vulcan Materials Great West Life Assurance Co.

Great West Life Assurance Co. decreased its holdings in Vulcan Materials (NYSE: VMC) by 3.4% during the third quarter, as stated in the most recent report that the company submitted to the Securities and Exchange Commission. After the sale of 2,670 shares of the construction company’s stock throughout the period, the fund’s total holdings in the company’s stock amounted to 76,798 shares. The Great West Life Assurance Company disclosed to the Securities and Exchange Commission (SEC) in its most recent filing that it held 0.06% of Vulcan Materials, worth $12,103,000.

Several institutional investors and other hedge funds recently altered the proportion of the company’s stock they owned in response to recent market events. CoreCap Advisors LLC increased its ownership stake in Vulcan Materials by investing approximately $26,000 during the year’s second quarter. During the first three months of 2018, Achmea Investment Management B.V. increased the amount of money it invested in Vulcan Materials by approximately 29 thousand dollarsCap Advisors LLC increased its ownership stake in Vulcan Materials by investing approximately $26,000 during the second quarter of the year. During the first three months of 2018, Achmea Investment Management B.V. increased the amount of money it invested in Vulcan Materials by approximately 29 thousand dollars. This allowed it to increase its ownership stake in the company. During the second quarter, Fieldpoint Private Securities LLC brought its total investment in Vulcan Materials to 4,700% higher than before. Fieldpoint Private Securities LLC increased its holdings in the stock of the construction firm during the most recent quarter by purchasing an additional 235 shares, bringing the total number of shares acquired to 240, with a value of $34,000. This brought the total number of shares acquired to 240. Clear Street Markets LLC achieved a 416.7% increase in the percentage of Vulcan Materials that it owns over the second quarter. After purchasing an additional 225 shares during the most recent quarter, Clear Street Markets LLC now owns 279 of the construction company’s stock, with a combined value of $40,000. This brings the total value of Clear Street Markets LLC’s stock holdings to $40,000. CX Institutional spent $44,000 to make a new investment in Vulcan Materials at the end of the second quarter of the fiscal year. To the tune of 90.08 percent, the company’s stock is owned by institutional investors and hedge funds.

According to information provided by Vulcan Materials, Senior Vice President David P. Clement sold 2,000 of the company’s shares of stock on Monday, December 5. The price per share came out to an average of $180.00, which brings the total amount received from the stock sale to $360,000.00. After the sale’s completion, the senior vice president will have 1,970 company shares. The value of these shares is approximately $354,600. You will be taken to a document submitted to the Securities and Exchange Commission if you select this link and click on it. This document contains additional information about the transaction. Insiders of the company currently hold 0.7 percent of the total number of shares issued by the company.

The stock traded under the NYSE: VMC on Thursday morning opened at $180.36. The debt-to-equity ratio comes in at 0.56, the current ratio comes in at 1.71, and the quick ratio comes in at 1.31. In order, we will now consider each of these numbers. The company has a market capitalization of $23.97 billion, a price-to-earnings ratio of 40.53, a price-to-earnings-growth ratio of 1.92, and a beta coefficient of 0.79. These metrics indicate that the stock is relatively expensive relative to its earnings. During the previous year, the price of Vulcan Materials fluctuated between $137.54 and $193.31, with the average price being $193.31. The stock price has a moving average of $179.21 over the past fifty days, and over the past two hundred days, that price has averaged out to be $168.01.

On November 2, the most recent quarterly earnings report for Vulcan Materials (NYSE: VMC) was made available to the public. The building and construction company reported earnings per share for the quarter of $1.78, which was $0.07 higher than the estimate provided by the market, which was $1.71. The revenue for the quarter came in at $2.09 billion, which was substantially higher than the analysts’ average estimate of $2 billion for the amount of revenue generated in the quarter. The return on equity for Vulcan Materials came in at 10.56 percent, and the company’s net margin was 8.26 percent. Sell-side analysts project that Vulcan Materials will have earnings of $5.35 per share in 2018, and they believe this will be the company’s best year yet.

Several equity analysts have recently published research articles based on their investigations into the company. On November 4, Raymond James released a research report in which they rated Vulcan Materials as an “outperform” investment and lowered their price objective for the company from $197.00 to $186.00. Both of these changes occurred at the same time. Morgan Stanley raised their price target on Vulcan Materials on Wednesday, December 14, in a research report that was made public. The new price target is $203.00, up from $181.00 previously. Additi

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