FCG Investment Co purchased 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 filing with the Securities and Exchange Commission. The institutional investor purchased 5,624 shares of the construction company's stock, valued at approximately $497,000.
A number of other institutional investors have also bought and sold shares of the business. Bank of New York Mellon Corp increased its stake in United States Lime & Minerals by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 51,822 shares of the construction company's stock worth $4,580,000 after buying an additional 160 shares in the last quarter. Cardinal Capital Management boosted its holdings in shares of United States Lime & Minerals by 0.3% during the 1st quarter. Cardinal Capital Management now owns 58,239 shares of the construction company's stock valued at $5,147,000 after purchasing an additional 164 shares during the last quarter. State of Wyoming bought a new position in shares of United States Lime & Minerals during the 4th quarter valued at about $35,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of United States Lime & Minerals during the 4th quarter valued at about $36,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of United States Lime & Minerals by 6.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,513 shares of the construction company's stock valued at $412,000 after purchasing an additional 291 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.
United States Lime & Minerals Trading Down 2.9%
Shares of NASDAQ:USLM traded down $3.40 during trading on Tuesday, reaching $115.10. The company's stock had a trading volume of 59,644 shares, compared to its average volume of 137,277. United States Lime & Minerals, Inc. has a 12 month low of $74.90 and a 12 month high of $159.53. The firm's 50 day simple moving average is $105.11 and its two-hundred day simple moving average is $99.80. The stock has a market capitalization of $3.30 billion, a PE ratio of 26.40 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 analysts' consensus estimates of $1.14 by ($0.07). United States Lime & Minerals had a net margin of 35.57% and a return on equity of 24.24%. The business had revenue of $91.52 million during the quarter, compared to the consensus estimate of $101.00 million.
United States Lime & Minerals Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors 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 (DPR) is presently 5.50%.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd.
Get Our Latest Stock Report on USLM
About United States Lime & Minerals
(
Free Report)
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.
Featured Stories
Before you consider United States Lime & Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United States Lime & Minerals wasn't on the list.
While United States Lime & Minerals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access