Annis Gardner Whiting Capital Advisors LLC Buys New Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Key Points

• Annis Gardner Whiting Capital Advisors LLC acquired a new stake in United States Lime & Minerals, Inc., purchasing 3,800 shares worth approximately $336,000 during the 1st quarter.
• Multiple institutional investors significantly increased their positions in United States Lime & Minerals, with Millennium Management LLC raising its holdings by 1,631.4% in the fourth quarter.
• United States Lime & Minerals declared a quarterly dividend of $0.06 per share, with an ex-dividend date set for August 22nd.

Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,800 shares of the construction company's stock, valued at approximately $336,000.

Other hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in United States Lime & Minerals by 87.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,528 shares of the construction company's stock worth $312,000 after acquiring an additional 1,643 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of United States Lime & Minerals by 6.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,513 shares of the construction company's stock valued at $412,000 after purchasing an additional 291 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of United States Lime & Minerals by 10,831.6% in the 1st quarter. GAMMA Investing LLC now owns 8,308 shares of the construction company's stock valued at $734,000 after purchasing an additional 8,232 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of United States Lime & Minerals by 59.4% in the 4th quarter. Deutsche Bank AG now owns 9,747 shares of the construction company's stock valued at $1,294,000 after purchasing an additional 3,632 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of United States Lime & Minerals by 44.2% in the 1st quarter. SG Americas Securities LLC now owns 8,237 shares of the construction company's stock valued at $728,000 after purchasing an additional 2,526 shares during the last quarter. 27.12% of the stock is owned by hedge funds and other institutional investors.

United States Lime & Minerals Trading Down 0.3%

USLM stock traded down $0.34 during trading on Thursday, reaching $106.33. The stock had a trading volume of 120,466 shares, compared to its average volume of 132,068. United States Lime & Minerals, Inc. has a 1-year low of $69.54 and a 1-year high of $159.53. The company has a market capitalization of $3.05 billion, a P/E ratio of 24.39 and a beta of 0.98. The firm has a fifty day moving average price of $102.98 and a 200 day moving average price of $99.80.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its earnings results on Wednesday, July 30th. The construction company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.07). The company had revenue of $91.52 million during the quarter, compared to the consensus estimate of $101.00 million. United States Lime & Minerals had a return on equity of 24.24% and a net margin of 35.57%.

United States Lime & Minerals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 22nd will be given a $0.06 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.24 annualized dividend and a yield of 0.2%. United States Lime & Minerals's dividend payout ratio is 5.50%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.