GAMMA Investing LLC Has $734,000 Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

GAMMA Investing LLC raised its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 10,831.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,308 shares of the construction company's stock after acquiring an additional 8,232 shares during the period. GAMMA Investing LLC's holdings in United States Lime & Minerals were worth $734,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USLM. Select Equity Group L.P. grew its position in United States Lime & Minerals by 46.3% in the fourth quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock valued at $43,586,000 after acquiring an additional 103,948 shares during the last quarter. Millennium Management LLC grew its holdings in shares of United States Lime & Minerals by 1,631.4% during the fourth quarter. Millennium Management LLC now owns 63,854 shares of the construction company's stock worth $8,476,000 after purchasing an additional 60,166 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of United States Lime & Minerals by 486.5% during the fourth quarter. JPMorgan Chase & Co. now owns 62,736 shares of the construction company's stock worth $8,328,000 after purchasing an additional 52,039 shares during the last quarter. Algert Global LLC grew its holdings in shares of United States Lime & Minerals by 425.0% during the fourth quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock worth $5,331,000 after purchasing an additional 32,510 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of United States Lime & Minerals by 6.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock worth $67,372,000 after purchasing an additional 28,947 shares during the last quarter. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Trading Down 3.7%

USLM stock traded down $3.67 during trading on Friday, hitting $95.15. The company had a trading volume of 521,353 shares, compared to its average volume of 101,370. The business has a 50-day moving average of $99.08 and a 200-day moving average of $106.38. United States Lime & Minerals, Inc. has a one year low of $65.45 and a one year high of $159.53. The stock has a market cap of $2.72 billion, a PE ratio of 22.65 and a beta of 1.01.

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

United States Lime & Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.25%. The ex-dividend date was Friday, May 23rd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.71%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Wednesday, April 2nd.

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.