Deutsche Bank AG Has $2.37 Million 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 grew its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 174.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,762 shares of the construction company's stock after acquiring an additional 17,015 shares during the quarter. Deutsche Bank AG owned 0.09% of United States Lime & Minerals worth $2,365,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State of Wyoming bought a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $35,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $36,000. State of Tennessee Department of Treasury bought a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $181,000. Dark Forest Capital Management LP bought a new stake in United States Lime & Minerals during the fourth quarter worth about $204,000. Finally, Cerity Partners LLC bought a new stake in United States Lime & Minerals during the first quarter worth about $213,000. Institutional investors own 27.12% of the company's stock.

Analyst Upgrades and Downgrades

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

United States Lime & Minerals Stock Up 1.8%

Shares of USLM stock traded up $2.11 on Tuesday, reaching $121.59. The company had a trading volume of 103,962 shares, compared to its average volume of 140,413. The stock has a market capitalization of $3.48 billion, a PE ratio of 27.89 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. The business's 50-day moving average is $106.93 and its 200 day moving average is $100.06.

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

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