The Manufacturers Life Insurance coverage Business minimized its stake in Martin Marietta Products, Inc. ( NYSE: MLM— The Manufacturers Life Insurance coverage Business minimized its stake in Martin Marietta Products, Inc. ( NYSE: MLM— Get Ranking) by 3.1% throughout the fourth quarter, according to its latest disclosure with the SEC. The institutional financier owned 43,849 shares of the building and construction business’s stock after offering 1,426 shares throughout the quarter. The Manufacturers Life Insurance coverage Business owned around 0.07% of Martin Marietta Products worth $14,820,000 at the end of the most current reporting duration.
Other hedge funds have actually likewise just recently customized their holdings of the business. City State Bank improved its stake in Martin Marietta Products by 6.6% in the fourth quarter. City State Bank now owns 487 shares of the building and construction business’s stock worth $165,000 after buying an extra 30 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Martin Marietta Products by 1.5% throughout the fourth quarter. Quadrant Capital Group LLC now owns 1,982 shares of the building and construction business’s stock valued at $670,000 after getting an extra 30 shares throughout the duration. Eagle Bay Advisors LLC raised its stake in Martin Marietta Products by 17.0% throughout the 3rd quarter. Eagle Bay Advisors LLC now owns 248 shares of the building and construction business’s stock valued at $80,000 after getting an extra 36 shares throughout the duration. Ronald Blue Trust Inc. raised its stake in Martin Marietta Products by 64.9% throughout the fourth quarter. Ronald Blue Trust Inc. now owns 94 shares of the building and construction business’s stock valued at $31,000 after getting an extra 37 shares throughout the duration. Lastly, Mackenzie Financial Corp raised its stake in Martin Marietta Products by 0.9% throughout the first quarter. Mackenzie Financial Corp now owns 4,120 shares of the building and construction business’s stock valued at $1,586,000 after getting an extra 38 shares throughout the duration. Hedge funds and other institutional financiers own 93.07% of the business’s stock.
Expert Rankings Modifications
MLM has actually been the topic of numerous research study reports. Raymond James raised their cost goal on shares of Martin Marietta Products from $389.00 to $405.00 and offered the business an “outperform” score in a research study note on Thursday, February 16th. DA Davidson raised their cost goal on shares of Martin Marietta Products from $450.00 to $465.00 in a research study note on Wednesday, May 10th. Loop Capital raised their cost goal on shares of Martin Marietta Products from $450.00 to $475.00 in a research study note on Friday, May 5th. JPMorgan Chase & & Co. raised their target cost on shares of Martin Marietta Products from $400.00 to $450.00 in a report on Friday, May 5th. Lastly, StockNews.com started protection on shares of Martin Marietta Products in a report on Thursday, May 18th. They set a “hold” score for the business. 4 financial investment experts have actually ranked the stock with a hold score and 10 have actually appointed a buy score to the business. According to information from MarketBeat.com, Martin Marietta Products currently has an agreement score of “Moderate Buy” and a typical target cost of $412.75.
Martin Marietta Products Cost Efficiency
Shares of NYSE MLM opened at $427.26 on Friday. The company has a market cap of $26.48 billion, a PE ratio of 27.58, a PEG ratio of 1.69 and a beta of 0.85. The company has a fifty day moving average of $380.90 and a 200 day moving average of $361.78. The business has a debt-to-equity ratio of 0.60, a fast ratio of 1.40 and a present ratio of 2.12. Martin Marietta Products, Inc. has a one year low of $284.99 and a one year high of $428.60.
Martin Marietta Products ( NYSE: MLM— Get Ranking) last released its quarterly incomes outcomes on Thursday, May fourth. The building and construction business reported $2.16 EPS for the quarter, topping the agreement price quote of $0.99 by $1.17. The business had income of $1.35 billion throughout the quarter, compared to expert price quotes of $1.27 billion. Martin Marietta Products had a net margin of 15.39% and a return on equity of 12.31%. The company’s income was up 10.0% compared to the very same quarter in 2015. Throughout the very same quarter in the previous year, the company made $0.39 EPS. As a group, research study experts forecast that Martin Marietta Products, Inc. will publish 15.94 EPS for the present .
Martin Marietta Products Dividend Statement
The company likewise just recently revealed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 1st will be released a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Wednesday, May 31st. Martin Marietta Products’s payment ratio is 17.04%.
Martin Marietta Products Profile
( Get Ranking)
Martin Marietta Products, Inc takes part in the arrangement of aggregates consisting of crushed stone, sand, and gravel through its network of quarries and circulation lawns. It runs through the following geographical sections: East Group and West Group. The East Group sections supply aggregated items just.
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