Rice Hall James & Associates Holding in Vulcan Materials Co (VMC) Upped by $1.48 Million as Shares Rose; Peak Asset Management Has Lowered Microsoft (MSFT) Position as Stock Value Rose

June 17, 2018 - By mmahotstuff

Vulcan Materials Company (NYSE:VMC) Logo

Rice Hall James & Associates Llc increased its stake in Vulcan Materials Co (VMC) by 87.4% based on its latest 2018Q1 regulatory filing with the SEC. Rice Hall James & Associates Llc bought 12,989 shares as the company’s stock rose 4.59% while stock markets declined. The institutional investor held 27,850 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2018Q1, valued at $3.18 million, up from 14,861 at the end of the previous reported quarter. Rice Hall James & Associates Llc who had been investing in Vulcan Materials Co for a number of months, seems to be bullish on the $17.46 billion market cap company. The stock increased 0.17% or $0.23 during the last trading session, reaching $132.09. About 1.59 million shares traded or 21.26% up from the average. Vulcan Materials Company (NYSE:VMC) has declined 0.32% since June 17, 2017 and is downtrending. It has underperformed by 12.89% the S&P500. Some Historical VMC News: 03/05/2018 – Vulcan Materials 1Q EBITDA $167.7M; 03/05/2018 – VULCAN MATERIALS CO – FOR 2018, EXPECT EARNINGS FROM CONTINUING OPERATIONS OF $4.00 TO $4.65 PER DILUTED SHARE; 03/05/2018 – Vulcan Materials 1Q Aggregate Shipments 40.5M Tons; 29/03/2018 – REG-DECISIONS OF RAPALA VMC CORPORATION’S ANNUAL GENERAL MEETING ON 29 MARCH 2018; 15/05/2018 – Eminence Capital Buys New 1.7% Position in Vulcan Materials; 03/05/2018 – Vulcan Materials 1Q Adj EPS 44c; 19/04/2018 – S&P ASSIGNS LEGACY VULCAN LLC TO RATING ‘BBB’; 29/05/2018 – Michelin Receives Platinum and Gold Vulcan Supplier Awards; 19/04/2018 – S&P ASSIGNS LEGACY VULCAN LLC OUTLOOK TO ‘STABLE’; RATING ‘BBB’; 11/05/2018 – Nordson Vulcan Jet TM Series Dispensing System Wins SMT China Vision Award and EM Asia Innovation Award

Peak Asset Management Llc decreased its stake in Microsoft Corp (MSFT) by 3.42% based on its latest 2018Q1 regulatory filing with the SEC. Peak Asset Management Llc sold 4,192 shares as the company’s stock rose 3.08% while stock markets declined. The hedge fund held 118,512 shares of the prepackaged software company at the end of 2018Q1, valued at $10.82M, down from 122,704 at the end of the previous reported quarter. Peak Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $769.32 billion market cap company. The stock decreased 1.27% or $1.29 during the last trading session, reaching $100.13. About 37.25 million shares traded or 26.19% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 17, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 12/04/2018 – CNA Appoints Mark James as Senior Vice President, Global Reinsurance; 07/05/2018 – WorkBoard Announces Microsoft Teams Integration to Bring Strategic Priorities into Everyday Conversations; 26/04/2018 – MICROSOFT CFO HOOD COMMENTS ON CAPEX SPENDING IN INTERVIEW; 09/04/2018 – lttiam Licenses its i265 HEVC Codec to Microsoft Azure to Offer High Quality Video Encoding and Decoding Services; 26/04/2018 – MICROSOFT QTRLY REVENUE WAS $26.8 BLN AND INCREASED 16%; 26/04/2018 – Microsoft Earnings: Server Sales Growth Muted — Barron’s Blog; 19/03/2018 – Microsoft hosts ribbon-cutting ceremony for Microsoft Software & Systems Academy servicing Camp Lejeune; 02/04/2018 – MSFT: DYNAMICS 365 BUSINESS CENTRAL AVAILABLE AS CLOUD SERVICE; 10/04/2018 – Moody’s assigns Aaa underlying; Aa1 enhanced to Bellevue S.D. 405 (King County), WA’s GO bonds; 17/04/2018 – Tech firms, including Microsoft, Facebook, vow not to aid government cyber attacks

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.34, from 1.25 in 2017Q4. It dived, as 53 investors sold VMC shares while 171 reduced holdings. 62 funds opened positions while 141 raised stakes. 121.53 million shares or 2.47% more from 118.61 million shares in 2017Q4 were reported. Quantitative Systematic Strategies owns 18,445 shares for 0.45% of their portfolio. Leavell Invest Mgmt owns 76,928 shares for 1.02% of their portfolio. Shell Asset Mgmt invested in 0.02% or 8,710 shares. Bokf Na has 0.01% invested in Vulcan Materials Company (NYSE:VMC). Bluestein R H Communication invested in 3,033 shares. Adage Prtnrs Group Limited Liability holds 0.16% of its portfolio in Vulcan Materials Company (NYSE:VMC) for 619,125 shares. California State Teachers Retirement has 0.05% invested in Vulcan Materials Company (NYSE:VMC). Blair William & Company Il holds 29,097 shares or 0.02% of its portfolio. Locust Wood Advisers Limited Liability Corporation accumulated 1.73% or 148,600 shares. Eventide Asset Mngmt Ltd Liability holds 110,000 shares or 0.59% of its portfolio. Odey Asset Management Grp Incorporated owns 30,000 shares. First Allied Advisory Ser Incorporated has invested 0.01% of its portfolio in Vulcan Materials Company (NYSE:VMC). Nordea Invest Ab has 0% invested in Vulcan Materials Company (NYSE:VMC). Baker Avenue Asset Mngmt Ltd Partnership has 0.08% invested in Vulcan Materials Company (NYSE:VMC) for 7,738 shares. Lazard Asset Management Lc stated it has 156 shares.

Rice Hall James & Associates Llc, which manages about $1.51 billion and $2.56 billion US Long portfolio, decreased its stake in Alamo Group Inc. (NYSE:ALG) by 4,623 shares to 19,782 shares, valued at $2.17 million in 2018Q1, according to the filing. It also reduced its holding in Kar Auction Services Inc. (NYSE:KAR) by 19,825 shares in the quarter, leaving it with 52,086 shares, and cut its stake in Mcbc Holdings Inc..

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. DA Davidson upgraded the shares of VMC in report on Monday, August 17 to “Neutral” rating. The rating was maintained by Stephens on Wednesday, January 3 with “Buy”. Stephens maintained Vulcan Materials Company (NYSE:VMC) on Friday, April 13 with “Buy” rating. The stock of Vulcan Materials Company (NYSE:VMC) has “Buy” rating given on Monday, October 9 by Citigroup. As per Friday, February 5, the company rating was maintained by RBC Capital Markets. Citigroup initiated the shares of VMC in report on Wednesday, March 29 with “Buy” rating. Jefferies maintained Vulcan Materials Company (NYSE:VMC) on Friday, February 16 with “Hold” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, May 16 report. Stifel Nicolaus maintained the shares of VMC in report on Wednesday, August 23 with “Buy” rating. The rating was downgraded by Bank of America on Wednesday, November 16 to “Neutral”.

Another recent and important Vulcan Materials Company (NYSE:VMC) news was published by Seekingalpha.com which published an article titled: “Home Repair Projects And Eventual Infrastructure Spending Will Benefit These 5 Housing-Related Stocks” on May 20, 2018.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It dived, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Cipher Capital LP has 12,989 shares. Consulate stated it has 0.65% in Microsoft Corporation (NASDAQ:MSFT). Boyar Asset, a New York-based fund reported 98,868 shares. South Dakota Invest Council accumulated 1.56M shares. Eaton Vance Mngmt holds 2.07% or 9.20M shares. Cleararc Capital holds 2.98% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 216,557 shares. 50,874 are owned by Schaper Benz And Wise Investment Counsel Wi. Overbrook Mngmt Corporation stated it has 4,700 shares or 0.09% of all its holdings. Forbes J M And Company Limited Liability Partnership holds 3.54% or 166,602 shares. Forward Ltd Co reported 24,546 shares. Ballentine Partners Limited Company holds 0.26% or 50,499 shares. Fmr Ltd invested in 226.41M shares or 2.45% of the stock. Stanley invested 0.1% in Microsoft Corporation (NASDAQ:MSFT). Adams Asset Advsr Limited Com reported 50,705 shares. New England Investment & Retirement Group Inc Incorporated Inc has 0.15% invested in Microsoft Corporation (NASDAQ:MSFT) for 3,071 shares.

Peak Asset Management Llc, which manages about $326.42 million and $272.24 million US Long portfolio, upped its stake in Canon Inc (NYSE:CAJ) by 20,511 shares to 98,335 shares, valued at $3.58 million in 2018Q1, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHO) by 14,314 shares in the quarter, for a total of 66,757 shares, and has risen its stake in Qualcomm Inc (NASDAQ:QCOM).

Since February 16, 2018, it had 1 buy, and 4 selling transactions for $1.39 million activity. PETERSON SANDRA E bought $550,606 worth of stock or 5,400 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 earnings per share, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30 billion for 23.18 P/E if the $1.08 EPS becomes a reality. After $0.95 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 29 by UBS. The firm earned “Buy” rating on Thursday, August 13 by Stifel Nicolaus. The firm has “Buy” rating by Piper Jaffray given on Wednesday, January 3. The firm earned “Buy” rating on Sunday, September 17 by Cowen & Co. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 21. The firm has “Buy” rating given on Friday, July 21 by Barclays Capital. The firm has “Buy” rating given on Thursday, November 17 by Goldman Sachs. The company was maintained on Wednesday, July 20 by FBN Securities. The firm has “Buy” rating given on Wednesday, December 16 by Deutsche Bank. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, January 23 report.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft takes aim at Amazon Go” on June 14, 2018, also Nasdaq.com with their article: “Microsoft (MSFT) Puts Rumors to Rest by Confirming GitHub Buyout” published on June 14, 2018, Seekingalpha.com published: “Microsoft And GitHub: Why Pay With Stock?” on June 07, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “For Microsoft The Future Is Now” published on June 13, 2018 as well as Thestreet.com‘s news article titled: “Why Microsoft Is Ratcheting Up Its Hardware and Chip Ambitions” with publication date: June 14, 2018.

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