Martin Marietta Materials, Inc. (NYSE:MLM) Position Maintained by Stratford Consulting LLC

Paterniano Del Favero
Agosto 3, 2017

Martin Marietta Materials has higher revenue and earnings than GCP Applied Technologies.

The trading profit improved by 4.7 per cent to US$290m and after a net interest charge that was 11.4 per cent higher at US$44.9m and other items, the pre-tax profit advanced by 4.5 per cent to US$251m and after a lower tax charge, the net attributable profit advanced by 10.5 per cent to US$184.6m.

Martin Marietta Materials (NYSE:MLM) last announced its earnings results on Tuesday, August 1st.

On average, analysts expect that Martin Marietta Materials will report full year sales of $1.01 billion for the current fiscal year, with estimates ranging from $3.90 billion to $3.95 billion. Oakbrook Invs Ltd Limited Liability Company invested in 5,425 shares. Zacks Investment Research's sales averages are a mean average based on a survey of sell-side research firms that cover Martin Marietta Materials. As of the last earnings report the EPS was $6.63 and is expected to be $7.14 for the current year with 62,781,000 shares now outstanding.

This table compares GCP Applied Technologies and Martin Marietta Materials' net margins, return on equity and return on assets. During the same quarter in the previous year, the business earned $1.90 earnings per share. During the same quarter a year ago, the company posted $1.90 earnings per share. "(NYSE:MLM)" was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. Finally, Stifel Nicolaus lifted their price objective on Martin Marietta Materials from $258.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, May 3rd. 6,472 Martin Marietta Materials, Inc. Comparatively, 8.5% of Martin Marietta Materials shares are owned by insiders.

This is a summary of current ratings and price targets for GCP Applied Technologies and Martin Marietta Materials, as reported by MarketBeat. First Manhattan has 3,298 shares.

Among 2 analysts covering Manx Telecom (LON:MANX), 2 have Buy rating, 0 Sell and 0 Hold. If you are accessing this article on another domain, it was stolen and republished in violation of United States & global copyright & trademark legislation. The stock decreased 6.39% or $14.46 during the last trading session, reaching $211.97. The company has a 50-day moving average price of $226.03 and a 200-day moving average price of $223.69.

Current levels places Martin Marietta Materials, Inc. As concerns shares volumes, in share Capital Company has 62.42 million outstanding shares among them 62.24 million shares have been floated in market exchange. Additionally the company recently declared a dividend that was paid on Friday June 30th, 2017. Shareholders of record on Thursday, June 1st were paid a $0.42 dividend. This dividend amount was represent a yeild of $0.74. The ex-dividend date was Tuesday the 30th of May 2017. Goldman Sachs maintained Martin Marietta Materials, Inc. Stephens boosted their price target on shares of Martin Marietta Materials from $246.00 to $250.00 and gave the stock an "equal weight" rating in a report on Thursday, May 4th. McCunniff Donald A. sold $334,071 worth of stock. The firm has price to earnings ratio stands at 32.02, it indicates the expected price of a share based on its earnings. The disclosure for this sale can be found here. Stocks with EPS growth rates of as a minimum 25% compared with year-ago levels suggest a company has products or services in strong demand.

Other hedge funds have also bought and sold shares of the company. LLC bought a new position in Martin Marietta Materials during the first quarter worth $229,000. The fund owned 13,675 shares of the construction company's stock after selling 1,575 shares during the period. Kentucky Retirement Systems bought a new position in shares of Martin Marietta Materials during the fourth quarter worth $1,020,000. (NYSE:MLM). Robeco Institutional Asset Management Bv reported 233 shares.

Martin Marietta Materials, Inc. Tiedemann Wealth Management LLC now owns 1,051 shares of the construction company's stock worth $229,000 after buying an additional 71 shares during the period. IBM Retirement Fund now owns 922 shares of the construction company's stock worth $205,000 after buying an additional 216 shares during the last quarter. Stratford Consulting LLC's holdings in Martin Marietta Materials were worth $306,000 as of its most recent SEC filing. Clearbridge Investments LLC now owns 517,607 shares of the construction company's stock valued at $112,968,000 after buying an additional 4,436 shares during the last quarter.

Martin Marietta Materials, Inc is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications.

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