Narwhal Capital Management Has Decreased Vulcan Matls Co (VMC) Holding; Bridgford Foods (BRID) Sellers Increased By 30% Their Shorts

May 18, 2018 - By Adrian Mccoy

Vulcan Materials Company (NYSE:VMC) Logo

Narwhal Capital Management decreased Vulcan Matls Co (VMC) stake by 23.47% reported in 2017Q4 SEC filing. Narwhal Capital Management sold 81,370 shares as Vulcan Matls Co (VMC)’s stock declined 7.65%. The Narwhal Capital Management holds 265,311 shares with $34.06M value, down from 346,681 last quarter. Vulcan Matls Co now has $16.66 billion valuation. The stock decreased 1.70% or $2.18 during the last trading session, reaching $126.04. About 1.08 million shares traded. Vulcan Materials Company (NYSE:VMC) has risen 1.98% since May 18, 2017 and is uptrending. It has underperformed by 9.57% the S&P500.

Bridgford Foods Corporation (NASDAQ:BRID) had an increase of 30% in short interest. BRID’s SI was 3,900 shares in May as released by FINRA. Its up 30% from 3,000 shares previously. With 3,600 avg volume, 1 days are for Bridgford Foods Corporation (NASDAQ:BRID)’s short sellers to cover BRID’s short positions. The SI to Bridgford Foods Corporation’s float is 0.24%. The stock decreased 2.31% or $0.36 during the last trading session, reaching $15.2. About 89 shares traded. Bridgford Foods Corporation (NASDAQ:BRID) has risen 37.15% since May 18, 2017 and is uptrending. It has outperformed by 25.60% the S&P500.

Among 14 analysts covering Vulcan Materials Company (NYSE:VMC), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Vulcan Materials Company had 43 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, February 5 the stock rating was maintained by Bank of America with “Neutral”. The stock has “Buy” rating by Suntrust Robinson on Wednesday, October 26. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 24. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 23 report. The firm has “Buy” rating by Goldman Sachs given on Wednesday, June 8. Stifel Nicolaus maintained Vulcan Materials Company (NYSE:VMC) rating on Monday, May 16. Stifel Nicolaus has “Buy” rating and $131 target. As per Wednesday, November 16, the company rating was downgraded by Bank of America. Barclays Capital initiated Vulcan Materials Company (NYSE:VMC) on Tuesday, December 12 with “Buy” rating. On Thursday, October 19 the stock rating was maintained by Bank of America with “Neutral”. The stock of Vulcan Materials Company (NYSE:VMC) has “Buy” rating given on Friday, August 14 by Argus Research.

More recent Vulcan Materials Company (NYSE:VMC) news were published by: Streetinsider.com which released: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. Also Seekingalpha.com published the news titled: “Vulcan Materials (VMC) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for EQT, NiSource, Vulcan Materials, General Growth Properties …” with publication date: May 10, 2018 was also an interesting one.

Analysts await Vulcan Materials Company (NYSE:VMC) to report earnings on August, 1. They expect $1.39 EPS, up 54.44% or $0.49 from last year’s $0.9 per share. VMC’s profit will be $183.74M for 22.67 P/E if the $1.39 EPS becomes a reality. After $0.44 actual EPS reported by Vulcan Materials Company for the previous quarter, Wall Street now forecasts 215.91% EPS growth.

Narwhal Capital Management increased Procter And Gamble Co (NYSE:PG) stake by 16,525 shares to 64,870 valued at $5.96 million in 2017Q4. It also upped Johnson Ctls Intl Plc stake by 49,398 shares and now owns 87,598 shares. Blackstone Group LP (NYSE:BX) was raised too.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.19, from 1.06 in 2017Q3. It increased, as 35 investors sold VMC shares while 152 reduced holdings. 65 funds opened positions while 168 raised stakes. 118.61 million shares or 2.84% more from 115.33 million shares in 2017Q3 were reported. Dimensional Fund Advsr LP reported 0.05% stake. Drw Securities Limited Liability Co has 1,848 shares for 0.02% of their portfolio. Balyasny Asset Mgmt Ltd Liability Co reported 16,831 shares. 36,986 were accumulated by Hightower Advisors Lc. Sumitomo Mitsui Tru reported 0.06% in Vulcan Materials Company (NYSE:VMC). Patten Grp Inc Inc owns 11,355 shares. Monetary Management Group Incorporated holds 0.06% or 1,200 shares. Hyman Charles D invested 1.93% of its portfolio in Vulcan Materials Company (NYSE:VMC). Lombard Odier Asset Mgmt (Usa) Corporation holds 0.49% or 50,000 shares. Jane Street Grp Lc owns 0% invested in Vulcan Materials Company (NYSE:VMC) for 10,060 shares. Teacher Retirement Sys Of Texas has 0.03% invested in Vulcan Materials Company (NYSE:VMC) for 36,618 shares. Perigon Wealth Management Lc has 0% invested in Vulcan Materials Company (NYSE:VMC) for 100 shares. 46,000 were accumulated by Employees Retirement Systems Of Texas. Blair William Company Il invested in 0.03% or 29,097 shares. Westfield Cap Mngmt Company Lp owns 284,886 shares or 0.28% of their US portfolio.

Vulcan Materials Company (NYSE:VMC) Institutional Positions Chart

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