As Martin Marietta Matls INC (MLM) Shares Declined, Shareholder Douglass Winthrop Advisors LLC Increased Its Stake

April 20, 2018 - By Georgina Andrews

Martin Marietta Materials, Inc. (NYSE:MLM) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.29. That’s change of 0.01, from 2017Q3’s 1.28. 46 investors sold all, 129 reduced holdings as MLM ratio is positive. 168 grew holdings while 57 funds bought holdings. Funds hold 60.08 million shares thus 0.57% more from 2017Q3’s 59.73 million shares. Caisse De Depot Et Placement Du Quebec invested 0% of its capital in Martin Marietta Materials, Inc. (NYSE:MLM). Aviance Capital Management Ltd Liability Co invested 0.02% of its capital in Martin Marietta Materials, Inc. (NYSE:MLM). 86,285 were accumulated by Heritage Invsts Mngmt. Goldman Sachs has invested 0.03% in Martin Marietta Materials, Inc. (NYSE:MLM). Kbc Grp Inc Nv invested in 0.01% or 6,898 shs. Swiss Savings Bank stated it has 0.06% of its capital in Martin Marietta Materials, Inc. (NYSE:MLM). Rhumbline Advisers owns 128,317 shs for 0.06% of their capital. Raymond James owns 29,993 shs. Mastrapasqua Asset Mngmt stated it has 30,615 shs. Employees Retirement Systems Of Ohio, a Ohio-based fund reported 27,230 shs. Shufro Rose And Limited Com stated it has 1,050 shs. Fmr Limited Liability Corp holds 1.04 million shs. Fiduciary Trust holds 1,382 shs or 0.01% of its capital. Adage Ptnrs Gp Lc has 187,652 shs for 0.09% of their capital. King Luther reported 702,612 shs or 1.27% of all its holdings.

MLM registered $1.27 million net activity with 0 insider purchases and 2 selling transactions since February 14, 2018. PEREZ LAREE E had sold 3,000 shs worth $642,000 on Wednesday, February 14.

Based on the latest 2017Q4 regulatory filing with the SEC, Douglass Winthrop Advisors Llc increased its stake in Martin Marietta Matls Inc (MLM) by 15.95%. 19,976 shares were bought by Douglass Winthrop Advisors Llc as the company’s stock declined 2.69% with the market. The institutional investor is holding 145,219 shares, compared to the 125,243 from the previous quarter. And the announced value of the basic industries company is $32.10M for the 2017Q4. $12.38 billion is the market cap of Martin Marietta Matls Inc. Ticker’s shares touched $197.17 during the last trading session after 0.50% change.Martin Marietta Materials, Inc. has volume of 61,447 shares. Since April 20, 2017 MLM has declined 0.78% and is downtrending. The stock underperformed the S&P500 by 12.33%.

Douglass Winthrop Advisors Llc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

Martin Marietta Materials, Inc. (NYSE:MLM) Ratings Coverage

Total analysts of 7 have positions in Martin Marietta Materials (NYSE:MLM) as follows: 4 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 57%. The firm has $265.0 highest while $225.0 is the lowest price target. The average target $241.83 is 22.65% above the last ($197.17) price. Since October 26, 2017 according to StockzIntelligence Inc Martin Marietta Materials has 11 analyst reports. On Wednesday, January 17 Jefferies maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating. Jefferies has “Buy” rating and $265.0 target. On Friday, February 23 the company was maintained by Stephens. On Friday, April 13 the firm earned “Hold” rating by Stephens. On Wednesday, January 3 the firm has “Hold” rating by Stephens given. On Thursday, January 25 Citigroup maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating. Citigroup has “Buy” rating and $265 target. The company rating was maintained by Jefferies on Tuesday, February 13. On Thursday, October 26 SunTrust maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating. SunTrust has “Buy” rating and $228.0 target. On Monday, February 12 the stock of Martin Marietta Materials, Inc. (NYSE:MLM) earned “Buy” rating by SunTrust. On Tuesday, December 12 the firm has “Hold” rating given by Barclays Capital.

Martin Marietta Materials, Inc. (NYSE:MLM) Institutional Investors Chart

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