Cerity Partners LLC Takes Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Cerity Partners LLC bought 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 disclosure with the SEC. The fund bought 2,413 shares of the construction company's stock, valued at approximately $213,000.

A number of other large investors also recently modified their holdings of USLM. Vanguard Group Inc. raised its position in United States Lime & Minerals by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company's stock worth $94,806,000 after purchasing an additional 10,614 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in United States Lime & Minerals by 6.0% in 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 in the last quarter. Select Equity Group L.P. grew its stake in United States Lime & Minerals by 46.3% in 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 in the last quarter. Geode Capital Management LLC grew its stake in United States Lime & Minerals by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 314,531 shares of the construction company's stock worth $41,759,000 after acquiring an additional 6,482 shares in the last quarter. Finally, Invesco Ltd. grew its stake in United States Lime & Minerals by 4.7% in the 4th quarter. Invesco Ltd. now owns 200,942 shares of the construction company's stock worth $26,673,000 after acquiring an additional 8,967 shares in the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Trading Up 3.6%

Shares of NASDAQ USLM traded up $3.93 during midday trading on Tuesday, reaching $112.50. The company had a trading volume of 160,215 shares, compared to its average volume of 126,079. The business's 50-day simple moving average is $102.68 and its 200 day simple moving average is $100.39. United States Lime & Minerals, Inc. has a 1 year low of $65.45 and a 1 year high of $159.53. The stock has a market cap of $3.22 billion, a P/E ratio of 26.79 and a beta of 0.98.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share for the quarter. The firm had revenue of $91.25 million for the quarter. United States Lime & Minerals had a net margin of 35.74% and a return on equity of 24.79%.

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 23rd were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.21%. The ex-dividend date of this dividend was Friday, May 23rd. United States Lime & Minerals's payout ratio is currently 5.71%.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 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.