Annis Gardner Whiting Capital Advisors LLC Invests $336,000 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 stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,800 shares of the construction company's stock, valued at approximately $336,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of United States Lime & Minerals in the 4th quarter valued at about $35,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in United States Lime & Minerals during the fourth quarter valued at approximately $36,000. National Bank of Canada FI acquired a new position in United States Lime & Minerals in the fourth quarter valued at approximately $72,000. State of Tennessee Department of Treasury acquired a new position in United States Lime & Minerals in the fourth quarter valued at approximately $181,000. Finally, Dark Forest Capital Management LP purchased a new stake in United States Lime & Minerals in the 4th quarter worth approximately $204,000. Institutional investors and hedge funds own 27.12% of the company's stock.

Wall Street Analyst Weigh In

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 Trading Up 5.5%

Shares of United States Lime & Minerals stock traded up $5.82 during trading hours on Friday, reaching $112.15. The stock had a trading volume of 116,624 shares, compared to its average volume of 128,119. The stock's 50 day moving average is $103.18 and its 200 day moving average is $99.75. United States Lime & Minerals, Inc. has a twelve month low of $71.50 and a twelve month high of $159.53. The firm has a market capitalization of $3.21 billion, a PE ratio of 25.72 and a beta of 0.98.

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

United States Lime & Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 22nd will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 22nd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.50%.

About United States Lime & Minerals

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.