Capital Analysts LLC Invests $299,000 in United States Lime & Minerals, Inc. $USLM

Key Points

• Capital Analysts LLC acquired 3,386 shares of United States Lime & Minerals, Inc. for about $299,000 during the first quarter.
• United States Lime's stock has seen a 6.3% increase recently, opening at $121.52 with a market cap of $3.48 billion.
• The company announced a quarterly dividend of $0.06 per share, expected to be paid on September 12th, which represents a 0.2% yield.

Capital Analysts LLC purchased a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,386 shares of the construction company's stock, valued at approximately $299,000.

Several other institutional investors have also modified their holdings of USLM. State of Wyoming acquired a new position in shares of United States Lime & Minerals in the fourth quarter worth about $35,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of United States Lime & Minerals in the fourth quarter worth about $36,000. Covestor Ltd lifted its stake in shares of United States Lime & Minerals by 4,902.8% in the first quarter. Covestor Ltd now owns 1,801 shares of the construction company's stock worth $159,000 after acquiring an additional 1,765 shares in the last quarter. State of Tennessee Department of Treasury acquired a new position in shares of United States Lime & Minerals in the fourth quarter worth about $181,000. Finally, Dark Forest Capital Management LP acquired a new position in shares of United States Lime & Minerals in the fourth quarter worth about $204,000. Institutional investors and hedge funds own 27.12% of the company's stock.

United States Lime & Minerals Stock Up 2.6%

Shares of NASDAQ:USLM traded up $3.17 during trading on Wednesday, hitting $124.76. 120,936 shares of the company traded hands, compared to its average volume of 128,231. The business's fifty day moving average is $106.93 and its 200-day moving average is $100.06. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of 28.45 and a beta of 0.98. United States Lime & Minerals, Inc. has a one year low of $74.90 and a one year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The construction company reported $1.07 earnings per share for the quarter, missing analysts' consensus estimates of $1.14 by ($0.07). The company had revenue of $91.52 million for the quarter, compared to analyst estimates 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 Dividend Announcement

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

Analyst Ratings Changes

Separately, Wall Street Zen cut United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd.

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.