Capital Analysts LLC Makes New Investment 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 acquired a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,386 shares of the construction company's stock, valued at approximately $299,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USLM. Select Equity Group L.P. lifted its position in United States Lime & Minerals by 46.3% during the 4th quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock worth $43,586,000 after acquiring an additional 103,948 shares during the period. Vanguard Group Inc. lifted its position in United States Lime & Minerals by 13.2% during the 1st quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company's stock worth $71,444,000 after acquiring an additional 94,149 shares during the period. Millennium Management LLC lifted its position in United States Lime & Minerals by 1,631.4% during the 4th quarter. Millennium Management LLC now owns 63,854 shares of the construction company's stock worth $8,476,000 after acquiring an additional 60,166 shares during the period. Algert Global LLC lifted its position in United States Lime & Minerals by 425.0% during the 4th quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock worth $5,331,000 after acquiring an additional 32,510 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United States Lime & Minerals by 6.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock worth $67,372,000 after acquiring an additional 28,947 shares during the period. Institutional investors and hedge funds own 27.12% of the company's stock.

Analyst Upgrades and Downgrades

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

United States Lime & Minerals Price Performance

NASDAQ USLM traded up $1.37 during trading hours on Thursday, reaching $125.89. The company's stock had a trading volume of 31,267 shares, compared to its average volume of 127,957. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. United States Lime & Minerals, Inc. has a 1-year low of $74.90 and a 1-year high of $159.53. The company's 50-day moving average is $107.44 and its two-hundred day moving average is $100.22.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released 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). United States Lime & Minerals had a return on equity of 24.24% and a net margin of 35.57%.The business had revenue of $91.52 million during the quarter, compared to analyst estimates of $101.00 million.

United States Lime & Minerals Dividend Announcement

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

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.