F&V Capital Management LLC Has $11.14 Million Stock Position in Valmont Industries, Inc. (NYSE:VMI)

F&V Capital Management LLC increased its position in Valmont Industries, Inc. (NYSE:VMI) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,312 shares of the industrial products company’s stock after purchasing an additional 135 shares during the quarter. Valmont Industries makes up 2.9% of F&V Capital Management LLC’s portfolio, making the stock its 18th biggest position. F&V Capital Management LLC owned 0.18% of Valmont Industries worth $11,136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VMI. State Street Corp lifted its stake in Valmont Industries by 1.1% in the 3rd quarter. State Street Corp now owns 640,876 shares of the industrial products company’s stock valued at $186,204,000 after acquiring an additional 6,913 shares in the last quarter. Franklin Resources Inc. grew its holdings in Valmont Industries by 57.6% in the 3rd quarter. Franklin Resources Inc. now owns 407,308 shares of the industrial products company’s stock valued at $123,512,000 after buying an additional 148,811 shares in the last quarter. FMR LLC grew its holdings in Valmont Industries by 4.0% in the 3rd quarter. FMR LLC now owns 349,426 shares of the industrial products company’s stock valued at $101,316,000 after buying an additional 13,509 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Valmont Industries by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 335,926 shares of the industrial products company’s stock worth $97,428,000 after purchasing an additional 4,940 shares in the last quarter. Finally, Copeland Capital Management LLC grew its holdings in shares of Valmont Industries by 0.9% during the 3rd quarter. Copeland Capital Management LLC now owns 307,338 shares of the industrial products company’s stock worth $89,113,000 after purchasing an additional 2,869 shares in the last quarter. 87.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. DA Davidson increased their target price on Valmont Industries from $340.00 to $380.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Stifel Nicolaus increased their price target on Valmont Industries from $382.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, January 24th.

Valmont Industries Stock Performance

Shares of Valmont Industries stock opened at $324.51 on Tuesday. The firm has a market capitalization of $6.50 billion, a P/E ratio of 22.05 and a beta of 1.05. The business’s fifty day simple moving average is $325.70 and its 200 day simple moving average is $307.83. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.58. Valmont Industries, Inc. has a 12 month low of $202.01 and a 12 month high of $354.13.

Insider Activity at Valmont Industries

In other news, Director Daas Kaj Den sold 1,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $338.78, for a total transaction of $338,780.00. Following the completion of the transaction, the director now directly owns 8,644 shares of the company’s stock, valued at approximately $2,928,414.32. This represents a 10.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mogens C. Bay sold 20,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $348.92, for a total transaction of $6,978,400.00. Following the transaction, the director now owns 131,730 shares in the company, valued at $45,963,231.60. This represents a 13.18 % decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.