Deutsche Bank AG Raises Position in United States Lime & Minerals, Inc. $USLM

Key Points

• Deutsche Bank AG increased its stake in United States Lime & Minerals, Inc. by 174.6% in the first quarter, holding approximately 0.09% of the company valued at $2.37 million.
• The company's recent quarterly earnings report revealed an EPS of $1.07, falling short of the consensus estimate of $1.14, with a revenue of $91.52 million.
• United States Lime & Minerals declared a quarterly dividend of $0.06 per share, set to be paid on September 12th, representing a 0.2% yield.

Deutsche Bank AG raised its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 174.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,762 shares of the construction company's stock after buying an additional 17,015 shares during the period. Deutsche Bank AG owned approximately 0.09% of United States Lime & Minerals worth $2,365,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $35,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $36,000. State of Tennessee Department of Treasury acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $181,000. Dark Forest Capital Management LP acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $204,000. Finally, Cerity Partners LLC acquired a new stake in shares of United States Lime & Minerals in the 1st quarter valued at $213,000. Hedge funds and other institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Price Performance

Shares of NASDAQ:USLM opened at $112.44 on Thursday. The company's fifty day moving average price is $105.37 and its 200 day moving average price is $99.89. United States Lime & Minerals, Inc. has a 12 month low of $74.90 and a 12 month high of $159.53. The firm has a market capitalization of $3.22 billion, a P/E ratio of 25.79 and a beta of 0.98.

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 EPS for the quarter, missing the consensus estimate 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 company had revenue of $91.52 million for the quarter, compared to analyst estimates of $101.00 million.

United States Lime & Minerals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors 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 dividend payout ratio (DPR) is currently 5.50%.

Analyst Ratings Changes

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.

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