Vulcan Materials

  • A Rock-Solid Investment

    By Marshall Hargrave - August 7, 2013 | Tickers: MLM, TXI, VMC

    The aggregate industry, i.e. crushed rock and stone, has no doubt been hit hard by the slowing economy and weak housing market--but have we finally hit an inflection point?

    The industry has had a number of setbacks of late due a wetter-than-expected spring season and the threat of rising interest rates, which have led to concerns surrounding a possible slowdown in the real estate market. But the recent pullbacks more »
  • These Companies Are Finding It Difficult to Handle Their Debt

    By Rupert Hargreaves - July 8, 2013 | Tickers: STNG, USG, VMC

    Debt can be useful for expansion, capital spending, or leverage returns. However, too much debt can rapidly lead to stagnating returns, poor cash flows, and a rapid descent into zombie state.

    There are some signs that suggest we could be standing at the foot of a debt crisis as companies that have borrowed heavily in this period of low interest rates will have to refinance at higher rates in the more »

  • Homebuilder Sentiment Surges Above Expectations

    By Damian Illia - June 28, 2013 | Tickers: MLM, USG, VMC

    Mortgage rates have picked up substantially in recent weeks ahead of the FOMC meeting, reducing homebuyers’ housing affordability. As a result, homebuilders may become concerned about falling demand. On the bright side, the housing outlook remains positive due to housing starts up a strong 28.6% YoY and permits up 20.8% YoY. Moreover, the National Association of Home Builders (NAHB) Housing Market Index, a measure of homebuilder sentiment, surged more »

  • Cement Your Position in This Stock

    By Mark Lin - June 14, 2013 | Tickers: CX, MLM, VMC

    Investing in all about outperforming expectations. A stock that strengthened its balance sheet with significant de-leveraging might outperform another stock with a debt-free financial position. Similarly, the market is more likely to reward a turnaround story with improved valuations than a consistent performer with all the positives already factored into the stock price.

    An improvement in balance sheet strength and the eventual recovery in global infrastructure demand will be the more »

  • Viking Global Increases Its Wager on Cemex

    By Mark Yagalla - June 12, 2013 | Tickers: CX, EXP, MLM, VMC

    Andreas Halvorsen's Viking Global now owns 5.3% of cement giant Cemex (NYSE: CX). Viking Global is now the largest shareholder in Cemex, ahead of Mason Hawkins' Southeastern Asset Management, which has a 4.7% stake in the company. Viking Global has increased its stake in Cemex by 13 million shares in the last two months. At the end of the first quarter, the hedge fund owned 44.4 more »

  • 3 Construction Materials Companies Worth a Closer Look

    By Damian Illia - June 9, 2013 | Tickers: CX, MLM, VMC

    The global economic downturn inflicted a serious damage on construction materials companies, especially in developed countries. However, since the U.S. housing market recovery began at the end of last year, demand for cement and aggregates is improving.  

    Aggregates have been a great source of recovery. The aggregates industry's barriers to entry are relatively high, which gives pricing power to producers.

    U.S. companies

    Vulcan Materials (NYSE: VMC) is more »

  • York Capital's Latest Moves

    By Marshall Hargrave - June 6, 2013 | Tickers: CBG, VMC, YHOO

    James Dinan founded his York Capital investment firm in 1991 with a mere $3.6 million; his firm now has some $15 billion in assets under management. Prior to starting York Capital, Dinan worked at DLJ  for two years, and in merger-arbitrage at Kellner DiLeo. Outlined below are some of the buys and sells that York Capital made during the first quarter that I found interesting (check out York's more »

  • This Stock Is Now Firing on All Cylinders

    By Alex Gray - May 23, 2013 | Tickers: CLMT, MDU, VMC

    Shares of MDU Resources (NYSE: MDU) have been relatively stagnant since recovering from the huge drops experienced in late 2008 and early 2009. However, 2013 has been a different story. The company’s shares have been up as much as 27.5% this year.

    MDU Resources is diversified across three primary business divisions -- construction services and materials, regulated utilities, and the exploration and production of oil and gas. The company more »

  • The coming infrastructure boom

    By Todd Peterson - April 23, 2013 | Tickers: ACM, JEC, STRL, TPC, URS, VMC

    If there is a common thread in the history of America’s growth to global economic dominance in the 20th century, it is the story of our collective investment in a public infrastructure. This era saw massive investment in public roads, public water and wastewater systems, urban public transit systems, aviation, ports, energy, and the schools to develop and maintain a skilled labor force. One might observe that this more »

  • A Solid Income Growth Pick for your Portfolio

    By Piyush Arora - April 4, 2013 | Tickers: FAST, MAS, VMC

    Home constructions in the US have reached to their 4-year high levels, and the monthly liquidity injections are expected to further contribute to infrastructure development. Naturally, investing in REITs comes as an obvious choice but their rising prepayment rates and narrowing spreads are straining their profitability, and encouraging them to further leverage their operations. To take advantage of the residential infrastructural development, investors should stick to general building providers, which more »

  • Construction Materials Are For Later

    By Nihar Patel - March 15, 2013 | Tickers: EXP, MLM, VMC

    Producers of the material that we use to build our fancy civilizations might not be having the easiest time. Growth is up, but construction and building activities are still in a depressed state. That is not surprising since the last meltdown was focused around construction, housing et al., and the financial markets. You have the government and the Fed rushing to help financials line their pockets, but who remembers the more »

  • Intentional Investing : Can I Actually EARN Something From The Housing Recovery ?

    By Penny Czarra - February 25, 2013 | Tickers: AOS, AAON, ADT, AMWD, APOG, AWI, BECN, BLDR, CSTE, CLGX, EXP, ELLI, FBHS, GNRC, GFF, HW, HD, JHX, LII, LOW, LXU, LL, LEDR, MLM, MAS, MOVE, NCS, NTK, OC, PFIN, PATK, PGTI, PPG, NX, RPM, SHOS, SNA, SWK, TXI, VAL, TTS, USCR, USLM, URI, UFPI, USG, VRSK, VMC, WSO, Z

    I don't like "noise". I try to avoid it whenever / wherever I can.

    Yep , call me what you want, but I'm a "retail investor". I know this to be true because everyone (and I mean Everyone) is always trying to sell me something. This means high decibels and lots and lots of BOLD PRINT.

    "Renovation Nation". "Renters Nation". "Housing Recovery". "The ONE sure, market-beating stock for your Long-Term more »

  • Insiders Are Betting on a Housing and Construction Recovery

    By Meena Krishnamsetty - February 10, 2013 | Tickers: CX, CRH, EXP, TXI, VMC

    Two Board members at Texas Industries (NYSE: TXI) have indirectly purchased shares of the company’s stock since the beginning of February. A trust connected to Sean Foley has bought 1,000 shares, at prices of about $56.50, while an LLC related to Bernard Lanigan Jr. added 10,000 shares at similar prices. Studies show that insider purchases tend to be bullish signals (read more about studies on insider more »

  • Southeastern Asset Management Stonewalls Vulcan Materials

    By Marshall Hargrave - February 6, 2013 | Tickers: MLM, TXI, VMC

    In late January, Southeastern Asset Management announced that it has further downsized its Vulcan Materials (NYSE: VMC) position by 16%. Southeastern now owns 8.26 million shares, or 6.4%, of Vulcan. This is a big change from Southeastern's third quarter investing thesis, where the firm had Vulcan as its fifteenth largest 13F holding and owned over 12.1 million shares (read more about it here). It appears that more »

  • Shiver Me Timbers! "Log" These Companies in Your Portfolio

    By Michael Ugulini - January 29, 2013 | Tickers: PCL, RYN, VMC

    Today, as an investor, do you have the proverbial intestinal fortitude to invest in an industry sector that depends on the housing and even still the publishing industry to some extent? It's not to say that Plum Creek Timber (NYSE: PCL) and those of its ilk can't get along with advancing their businesses somewhat when there's trouble in these sectors. However, it's infinitely more difficult and more »

  • Investing in Cement and Mexican Growth

    By Joshua Bondy - January 14, 2013 | Tickers: CX, EXP, LFRGY.PK, VMC

    In the never ending search for growth, international opportunities are a great way to expand your investment horizon. Sadly growth and profitability do not walk hand in hand. Mexico continues to grow, but Cemex's earnings have not followed the same path. Cemex S.A. B de C.V.  (NYSE: CX) is a world leader in cement, but after the U.S. housing crash and the subsequent financial crisis they more »

  • 2013 Cement Company Roundup

    By Shweta Dubey - January 2, 2013 | Tickers: CX, MLM, VMC

    The long awaited Housing recovery in the United States is finally on the growth track. The effect of the same can be seen in the upside of three cement stocks below – Cemex, Vulcan and Martin Marietta Materials. With an expectancy of ~1 million housing units in the year, the demand for cement should be up by ~14% by 2013 end.

    <img src="/media/images/user_14395/untitled_1_large.png" />

    Source: Yahoo Finance

    Cemex (NYSE: CX) has rallied over the more »

  • Raw Materials For the Housing Resurrection

    By Nihar Patel - December 26, 2012 | Tickers: EXP, MLM, VMC

    People who know me are aware that I like simplicity. Basic materials that are grown, harvested, or extracted are so easy to understand. I consider more complex technical things as well, but I always like to look at the companies that supply the materials that make up our lives. After looking at companies as investments for so long, sometimes I just come to the realization that every company out there more »

  • The Best Way to Play the Housing Recovery

    By Piyush Arora - December 18, 2012 | Tickers: MLM, MAS, SHW, VMC

     

     
     
     
     
  • Mason Hawkins Just Sold Some Of This Company, Should You Follow Him?

    By Meena Krishnamsetty - December 11, 2012 | Tickers: CX, CRH, EXP, MLM, VMC

    Vulcan Materials (NYSE: VMC) saw Mason Hawkins of Southeastern Asset Management unload some of his shares per a 13D filing with the SEC last week. At the end of the third quarter, Southeastern owned 12.1 million shares. The recent sale puts Southeastern’s ownership to 9.9 million – an 18% sell off. Southeastern now owns 7.7% of Vulcan, which is down from its previous 9.3% ownership. Hawkins more »

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