Banque Cantonale Vaudoise lower its stake in Martin Marietta Supplies, Inc. (NYSE:MLM – Free Report) by 65.1% within the first quarter, in response to its most up-to-date 13F submitting with the Securities & Trade Fee. The fund owned 1,343 shares of the development firm’s inventory after promoting 2,508 shares throughout the quarter. Banque Cantonale Vaudoise’s holdings in Martin Marietta Supplies had been value $825,000 as of its most up-to-date SEC submitting.
Different hedge funds and different institutional buyers have additionally modified their holdings of the corporate. Ables Iannone Moore & Associates Inc. acquired a brand new stake in shares of Martin Marietta Supplies within the 4th quarter value $25,000. Pinnacle Bancorp Inc. acquired a brand new stake in shares of Martin Marietta Supplies within the 4th quarter value $26,000. Trade Traded Ideas LLC acquired a brand new stake in shares of Martin Marietta Supplies within the 4th quarter value $27,000. Benjamin Edwards Inc. grew its holdings in shares of Martin Marietta Supplies by 78.8% throughout the 4th quarter. Benjamin Edwards Inc. now owns 59 shares of the development firm’s inventory value $29,000 after buying an extra 26 shares throughout the interval. Lastly, Oliver Lagore Vanvalin Funding Group grew its holdings in shares of Martin Marietta Supplies by 74.3% throughout the 4th quarter. Oliver Lagore Vanvalin Funding Group now owns 61 shares of the development firm’s inventory value $30,000 after buying an extra 26 shares throughout the interval. 95.04% of the inventory is owned by institutional buyers and hedge funds.
Martin Marietta Supplies Inventory Efficiency
Shares of MLM opened at $544.13 on Friday. The inventory has a 50-day easy shifting common of $579.35 and a 200-day easy shifting common of $554.32. The corporate has a debt-to-equity ratio of 0.44, a fast ratio of two.41 and a present ratio of three.16. The inventory has a market capitalization of $33.54 billion, a PE ratio of 16.12, a PEG ratio of two.38 and a beta of 0.93. Martin Marietta Supplies, Inc. has a 1 yr low of $389.90 and a 1 yr excessive of $626.67.
Martin Marietta Supplies (NYSE:MLM – Get Free Report) final introduced its quarterly earnings information on Tuesday, April thirtieth. The development firm reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.05. The enterprise had income of $1.25 billion throughout the quarter, in comparison with analysts’ expectations of $1.31 billion. Martin Marietta Supplies had a return on fairness of 14.74% and a internet margin of 31.35%. The enterprise’s quarterly income was down 7.6% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the enterprise posted $2.16 EPS. On common, analysts predict that Martin Marietta Supplies, Inc. will put up 23.29 earnings per share for the present fiscal yr.
Martin Marietta Supplies Dividend Announcement
The enterprise additionally not too long ago disclosed a quarterly dividend, which might be paid on Friday, June twenty eighth. Stockholders of file on Monday, June third might be paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 0.54%. The ex-dividend date is Monday, June third. Martin Marietta Supplies’s payout ratio is presently 8.77%.
Analysts Set New Worth Targets
Various equities analysts have not too long ago weighed in on the corporate. Stifel Nicolaus elevated their value goal on Martin Marietta Supplies from $621.00 to $650.00 and gave the inventory a “purchase” score in a report on Monday, April fifteenth. The Goldman Sachs Group elevated their value goal on Martin Marietta Supplies from $642.00 to $737.00 and gave the inventory a “purchase” score in a report on Tuesday, April sixteenth. Truist Monetary elevated their value goal on Martin Marietta Supplies from $610.00 to $700.00 and gave the inventory a “purchase” score in a report on Tuesday, April 2nd. Citigroup elevated their value goal on Martin Marietta Supplies from $635.00 to $708.00 and gave the inventory a “purchase” score in a report on Friday, April fifth. Lastly, StockNews.com lower Martin Marietta Supplies from a “purchase” score to a “maintain” score in a report on Thursday, Might ninth. 4 equities analysis analysts have rated the inventory with a maintain score and ten have assigned a purchase score to the inventory. In accordance with information from MarketBeat.com, Martin Marietta Supplies presently has a consensus score of “Average Purchase” and a consensus value goal of $610.27.
Verify Out Our Newest Analysis Report on MLM
Martin Marietta Supplies Firm Profile
(Free Report)
Martin Marietta Supplies, Inc, a pure resource-based constructing supplies firm, provides aggregates and heavy-side constructing supplies to the development trade in america and internationally. It presents crushed stone, sand, and gravel merchandise; prepared blended concrete and asphalt; paving services; and Portland and specialty cement to be used within the infrastructure initiatives, and nonresidential and residential building markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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