13,488 Shares in United States Lime & Minerals, Inc. $USLM Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 13,488 shares of United States Lime & Minerals during the second quarter, valued at approximately $1.41 million. Institutional investors collectively own 27.12% of the company.
• United States Lime & Minerals reported quarterly EPS of $1.20 and revenue of $99.13 million, both below analyst estimates of $1.30 and $108 million, respectively.
• The company declared a quarterly dividend of $0.06 per share, equivalent to an annualized $0.24 dividend and a 0.2% yield. The stock currently has a consensus Hold rating after Weiss Ratings downgraded it from Buy to Hold.

Deutsche Bank AG acquired a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,488 shares of the construction company's stock, valued at approximately $1,412,000.

Other large investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new stake in shares of United States Lime & Minerals in the fourth quarter valued at approximately $29,000. Quarry LP bought a new position in United States Lime & Minerals during the 3rd quarter worth $33,000. Empowered Funds LLC acquired a new position in United States Lime & Minerals in the 4th quarter valued at $42,000. Comerica Bank acquired a new position in United States Lime & Minerals in the 3rd quarter valued at $85,000. Finally, Fifth Third Bancorp bought a new stake in shares of United States Lime & Minerals during the 1st quarter valued at $90,000. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Trading Up 0.3%

Shares of United States Lime & Minerals stock opened at $119.96 on Friday. The firm has a market capitalization of $3.44 billion, a PE ratio of 25.69 and a beta of 0.72. The firm's 50 day moving average is $111.22 and its 200 day moving average is $115.21. United States Lime & Minerals, Inc. has a 1 year low of $96.27 and a 1 year high of $141.43.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.10). United States Lime & Minerals had a net margin of 35.66% and a return on equity of 20.76%. The firm had revenue of $99.13 million during the quarter, compared to the consensus estimate of $108.00 million.

United States Lime & Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be given a dividend of $0.06 per share. The ex-dividend date is Friday, August 21st. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. United States Lime & Minerals's dividend payout ratio is 5.14%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of United States Lime & Minerals from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc NASDAQ: USLM is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.