Conatus Capital Management LP Decreased By $12.72 Million Its Vulcan Matls Co (VMC) Stake; SK Telecom Company Limited (SKM) Sellers Increased By 19.35% Their Shorts

July 3, 2017 - By Clifton Ray

Conatus Capital Management Lp decreased Vulcan Matls Co (VMC) stake by 21.73% reported in 2016Q4 SEC filing. Conatus Capital Management Lp sold 101,791 shares as Vulcan Matls Co (VMC)’s stock rose 5.55%. The Conatus Capital Management Lp holds 366,557 shares with $45.88 million value, down from 468,348 last quarter. Vulcan Matls Co now has $16.76 billion valuation. The stock increased 0.36% or $0.46 during the last trading session, reaching $127.14. About 701,495 shares traded. Vulcan Materials Company (NYSE:VMC) has risen 10.59% since July 3, 2016 and is uptrending. It has underperformed by 6.11% the S&P500.

SK Telecom Company Limited (NYSE:SKM) had an increase of 19.35% in short interest. SKM’s SI was 2.26M shares in July as released by FINRA. Its up 19.35% from 1.89M shares previously. With 497,200 avg volume, 5 days are for SK Telecom Company Limited (NYSE:SKM)’s short sellers to cover SKM’s short positions. The stock increased 3.04% or $0.78 during the last trading session, reaching $26.45. About 432,052 shares traded. SK Telecom Co Ltd (ADR) (NYSE:SKM) has risen 24.69% since July 3, 2016 and is uptrending. It has outperformed by 7.99% the S&P500.

Among 11 analysts covering Vulcan Materials Company (NYSE:VMC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Vulcan Materials Company had 18 analyst reports since August 6, 2015 according to SRatingsIntel. Alembic initiated Vulcan Materials Company (NYSE:VMC) on Thursday, June 9 with “Neutral” rating. BB&T Capital maintained it with “Buy” rating and $135 target in Wednesday, May 4 report. Bank of America downgraded the shares of VMC in report on Wednesday, November 16 to “Neutral” rating. The rating was maintained by Goldman Sachs on Wednesday, June 8 with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $110 target in Wednesday, August 5 report. The firm has “Buy” rating given on Monday, May 16 by Stifel Nicolaus. DA Davidson upgraded Vulcan Materials Company (NYSE:VMC) on Monday, August 17 to “Neutral” rating. As per Wednesday, October 26, the company rating was upgraded by SunTrust. The stock has “Outperform” rating by RBC Capital Markets on Friday, February 5. As per Wednesday, October 26, the company rating was upgraded by Suntrust Robinson.

Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.06, from 1.11 in 2016Q3. It dived, as 49 investors sold VMC shares while 177 reduced holdings. 81 funds opened positions while 156 raised stakes. 112.74 million shares or 1.22% less from 114.14 million shares in 2016Q3 were reported. Next Century Growth Ltd Liability Company has invested 0.13% in Vulcan Materials Company (NYSE:VMC). Tarbox Grp, a California-based fund reported 58 shares. Wolverine Asset Mngmt Llc reported 1,300 shares stake. Retirement Of Alabama holds 0.09% in Vulcan Materials Company (NYSE:VMC) or 119,464 shares. Voloridge Mngmt Lc owns 0.44% invested in Vulcan Materials Company (NYSE:VMC) for 164,152 shares. Montag A Associate Inc holds 0.78% of its portfolio in Vulcan Materials Company (NYSE:VMC) for 52,570 shares. Scopus Asset Management Lp accumulated 383,604 shares or 1.07% of the stock. Quantitative Mgmt Llc holds 0.1% or 31,500 shares in its portfolio. Millennium Mgmt Ltd Company, a New York-based fund reported 54,955 shares. Rhumbline Advisers has 0.08% invested in Vulcan Materials Company (NYSE:VMC). Andra Ap accumulated 10,100 shares. Virtus Advisers invested in 0.61% or 62,817 shares. Schwab Charles Invest Mngmt Inc owns 381,890 shares. 1832 Asset Lp holds 0.01% or 19,415 shares in its portfolio. Amarillo State Bank has invested 0.12% in Vulcan Materials Company (NYSE:VMC).

Among 4 analysts covering SK Telecom (NYSE:SKM), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. SK Telecom had 4 analyst reports since November 2, 2015 according to SRatingsIntel. HSBC downgraded the shares of SKM in report on Wednesday, April 27 to “Hold” rating. Macquarie Research downgraded SK Telecom Co Ltd (ADR) (NYSE:SKM) on Tuesday, October 25 to “Neutral” rating. On Monday, November 2 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Buy” rating by CLSA given on Monday, October 24.