As Martin Marietta Matls INC (MLM) Shares Declined, Shareholder Lodge Hill Capital LLC Decreased Its Stake by $11.93 Million

May 3, 2018 - By Ronnie Lemelle

Martin Marietta Materials, Inc. (NYSE:MLM) Corporate LogoDuring Q4 2017 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 took holdings. Funds hold 60.08 million shares thus 0.57% more from 2017Q3’s 59.73 million shares. Gamco Investors Et Al invested in 0% or 1,670 shs. Vigilant Management Limited Liability, Maine-based fund reported 54,123 shs. Oregon Public Employees Retirement Fund reported 6,639 shs. Exane Derivatives has invested 0.2% of its capital in Martin Marietta Materials, Inc. (NYSE:MLM). Howe & Rusling holds 287 shs or 0.01% of its capital. Sun Life Financial holds 0% in Martin Marietta Materials, Inc. (NYSE:MLM) or 137 shs. Plante Moran Advsrs Limited Liability Corp stated it has 1,724 shs. Cambridge Tru accumulated 1,834 shs or 0.03% of the stock. First Mercantile invested in 1,918 shs or 0.08% of the stock. Baillie Gifford & Communication holds 0.61% in Martin Marietta Materials, Inc. (NYSE:MLM) or 2.20 million shs. Southeast Asset invested 0.48% in Martin Marietta Materials, Inc. (NYSE:MLM). Smithfield Tru Communications accumulated 184 shs. Private Wealth Prtnrs Limited Liability Corporation stated it has 0.23% of its capital in Martin Marietta Materials, Inc. (NYSE:MLM). Bamco has 0.11% invested in Martin Marietta Materials, Inc. (NYSE:MLM) for 109,360 shs. 26 are owned by Baystate Wealth Management Limited Liability.

MLM had 2 insider sales and 0 insider purchases since February 14, 2018. This’s net activity of $1.27 million. COLE SUE W sold $630,191 worth of Martin Marietta Materials, Inc. (NYSE:MLM) or 3,000 shs on Monday, March 12.

The stake In Martin Marietta Matls Inc (MLM) was decreased held by Clint Murray. According to 2017Q4 Securities and Exchange filling the decrease is 15.26%. The company’s stock sank 2.69% while Lodge Hill Capital Llc sold 54,000 shares. At the end of 2017Q4, the 299,810 shares of the basic industries company held by the hedge fund run by Clint Murray were valued at $66.27M, down from 353,810 at the end of the previous reported quarter. For a total of 584,000 shares it increased its holding in Leidos Hldgs Inc (NYSE:LDOS) by 235,000 shares in the quarter, and has risen its stake in Electronic Arts Inc (NASDAQ:EA).

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

A total of 7 analysts rate Martin Marietta Materials (NYSE:MLM) as follows: 5 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 71% are bullish. The firm has $265.0 highest and $227.0 lowest target. The avg target $242.50 is 20.19% above the last ($201.76) price. (NYSE:MLM) has 10 ratings reports on May 3, 2018 according to StockzIntelligence. In Friday, February 23 report Stephens maintained it with “Hold” rating and $242.0 target. On Monday, February 12 the firm earned “Buy” rating by SunTrust. On Thursday, January 25 the stock has “Buy” rating by Citigroup. On Tuesday, December 12 the rating was initiated by Barclays Capital with “Hold”. On Friday, April 13 the rating was maintained by Stephens with “Hold”. On Tuesday, February 13 Jefferies maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating. Jefferies has “Buy” rating and $256.0 target. On Wednesday, May 2 the stock of Martin Marietta Materials, Inc. (NYSE:MLM) earned “Buy” rating by Bank of America. The stock rating was maintained by Stephens with “Hold” on Wednesday, January 3. On Wednesday, January 17 the stock has “Buy” rating by Jefferies.

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

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