Goelzer Investment Management Inc. bought a new stake in Martin Marietta Materials, Inc. (NYSE:MLM) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 955 shares of the construction company’s stock, valued at approximately $211,000.
Other hedge funds have also bought and sold shares of the company. Highlander Capital Management LLC purchased a new position in shares of Martin Marietta Materials in the third quarter valued at $124,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Martin Marietta Materials in the fourth quarter valued at $155,000. Massey Quick Simon & CO. LLC purchased a new position in shares of Martin Marietta Materials in the third quarter valued at $152,000. Westwood Holdings Group Inc. purchased a new position in shares of Martin Marietta Materials in the second quarter valued at $187,000. Finally, Numeric Investors LLC purchased a new position in shares of Martin Marietta Materials in the second quarter valued at $200,000. 97.80% of the stock is owned by hedge funds and other institutional investors.
Martin Marietta Materials, Inc. (NYSE:MLM) opened at $214.38 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 2.73. The company has a market cap of $13,101.19, a price-to-earnings ratio of 30.38, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. Martin Marietta Materials, Inc. has a one year low of $191.09 and a one year high of $244.32.
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About Martin Marietta Materials
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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