Portside Wealth Group LLC trimmed its place in shares of Martin Marietta Supplies, Inc. (NYSE:MLM – Free Report) by 4.3% in the course of the fourth quarter, HoldingsChannel studies. The fund owned 470 shares of the development firm’s inventory after promoting 21 shares in the course of the quarter. Portside Wealth Group LLC’s holdings in Martin Marietta Supplies had been price $234,000 as of its most up-to-date submitting with the Securities & Change Fee.
Various different institutional buyers and hedge funds have additionally made modifications to their positions within the firm. Spreng Capital Administration Inc. elevated its stake in shares of Martin Marietta Supplies by 3.4% in the course of the third quarter. Spreng Capital Administration Inc. now owns 752 shares of the development firm’s inventory price $309,000 after buying an extra 25 shares in the course of the interval. Centaurus Monetary Inc. elevated its stake in shares of Martin Marietta Supplies by 9.4% in the course of the first quarter. Centaurus Monetary Inc. now owns 336 shares of the development firm’s inventory price $119,000 after buying an extra 29 shares in the course of the interval. Gilbert & Cook dinner Inc. elevated its stake in shares of Martin Marietta Supplies by 2.6% in the course of the second quarter. Gilbert & Cook dinner Inc. now owns 1,171 shares of the development firm’s inventory price $541,000 after buying an extra 30 shares in the course of the interval. Mitchell Capital Administration Co. elevated its stake in shares of Martin Marietta Supplies by 0.5% in the course of the third quarter. Mitchell Capital Administration Co. now owns 5,763 shares of the development firm’s inventory price $2,366,000 after buying an extra 30 shares in the course of the interval. Lastly, CWM LLC elevated its stake in shares of Martin Marietta Supplies by 2.1% in the course of the third quarter. CWM LLC now owns 1,478 shares of the development firm’s inventory price $607,000 after buying an extra 31 shares in the course of the interval. 95.04% of the inventory is presently owned by institutional buyers and hedge funds.
Analysts Set New Worth Targets
Various brokerages have lately issued studies on MLM. Stephens boosted their value goal on shares of Martin Marietta Supplies from $575.00 to $605.00 and gave the inventory an “chubby” score in a analysis observe on Friday, February sixteenth. Wolfe Analysis lowered shares of Martin Marietta Supplies from an “outperform” score to a “peer carry out” score in a analysis report on Friday, March eighth. JPMorgan Chase & Co. restated a “impartial” score and set a $600.00 goal value (up from $530.00) on shares of Martin Marietta Supplies in a analysis report on Friday, March twenty second. HSBC upgraded shares of Martin Marietta Supplies from a “cut back” score to a “maintain” score and upped their goal value for the inventory from $376.00 to $543.00 in a analysis report on Thursday, February twenty second. Lastly, Raymond James upped their goal value on shares of Martin Marietta Supplies from $505.00 to $555.00 and gave the inventory an “outperform” score in a analysis report on Thursday, January twenty fifth. 4 analysts have rated the inventory with a maintain score and ten have issued a purchase score to the corporate’s inventory. In accordance with MarketBeat, the inventory presently has a consensus score of “Reasonable Purchase” and a mean value goal of $564.85.
Learn Our Newest Evaluation on MLM
Insider Shopping for and Promoting
In associated information, Director Sue W. Cole offered 1,724 shares of the agency’s inventory in a transaction that occurred on Friday, February sixteenth. The shares had been offered at a mean value of $543.48, for a complete transaction of $936,959.52. Following the sale, the director now owns 19,793 shares within the firm, valued at $10,757,099.64. The sale was disclosed in a doc filed with the SEC, which could be accessed by way of this hyperlink. In associated information, Director Sue W. Cole offered 1,724 shares of the agency’s inventory in a transaction that occurred on Friday, February sixteenth. The shares had been offered at a mean value of $543.48, for a complete transaction of $936,959.52. Following the sale, the director now owns 19,793 shares within the firm, valued at $10,757,099.64. The sale was disclosed in a doc filed with the SEC, which could be accessed by way of this hyperlink. Additionally, EVP Roselyn R. Bar offered 10,000 shares of Martin Marietta Supplies inventory in a transaction on Thursday, March 14th. The shares had been offered at a mean value of $603.29, for a complete transaction of $6,032,900.00. Following the completion of the transaction, the chief vice chairman now owns 59,970 shares within the firm, valued at roughly $36,179,301.30. The disclosure for this sale could be discovered right here. During the last 90 days, insiders have offered 26,724 shares of firm inventory price $16,033,760. 0.59% of the inventory is owned by insiders.
Martin Marietta Supplies Inventory Up 0.9 %
MLM inventory opened at $610.10 on Wednesday. The corporate’s 50 day easy shifting common is $553.54 and its 200-day easy shifting common is $487.79. The agency has a market capitalization of $37.72 billion, a PE ratio of 32.40, a P/E/G ratio of two.93 and a beta of 0.95. Martin Marietta Supplies, Inc. has a 12 month low of $332.13 and a 12 month excessive of $617.08. The corporate has a debt-to-equity ratio of 0.49, a present ratio of three.35 and a fast ratio of two.50.
Martin Marietta Supplies (NYSE:MLM – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, February 14th. The development firm reported $4.63 EPS for the quarter, beating the consensus estimate of $3.96 by $0.67. Martin Marietta Supplies had a internet margin of 17.25% and a return on fairness of 15.77%. The enterprise had income of $1.61 billion for the quarter, in comparison with analyst estimates of $1.62 billion. Throughout the identical interval within the prior 12 months, the enterprise earned $3.04 earnings per share. The corporate’s quarterly income was up 8.9% on a year-over-year foundation. Equities analysts count on that Martin Marietta Supplies, Inc. will submit 21.25 earnings per share for the present fiscal 12 months.
Martin Marietta Supplies Pronounces Dividend
The corporate additionally lately introduced a quarterly dividend, which will probably be paid on Thursday, March twenty eighth. Buyers of report on Monday, March 4th will probably be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Friday, March 1st. This represents a $2.96 dividend on an annualized foundation and a yield of 0.49%. Martin Marietta Supplies’s dividend payout ratio (DPR) is presently 15.72%.
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 business in the USA and internationally. It affords crushed stone, sand, and gravel merchandise; prepared blended concrete and asphalt; paving services and products; and Portland and specialty cement to be used within the infrastructure initiatives, and nonresidential and residential development markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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