United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Purchased by Millennium Management LLC

Millennium Management LLC boosted its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 1,631.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,854 shares of the construction company's stock after purchasing an additional 60,166 shares during the quarter. Millennium Management LLC owned about 0.22% of United States Lime & Minerals worth $8,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in USLM. Global Retirement Partners LLC acquired a new stake in shares of United States Lime & Minerals during the fourth quarter worth about $25,000. National Bank of Canada FI acquired a new stake in shares of United States Lime & Minerals during the fourth quarter worth about $72,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of United States Lime & Minerals by 136.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock worth $117,000 after purchasing an additional 510 shares during the period. AlphaQuest LLC acquired a new stake in shares of United States Lime & Minerals during the fourth quarter worth about $146,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of United States Lime & Minerals by 114.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company's stock worth $158,000 after purchasing an additional 633 shares during the period. Institutional investors own 27.12% of the company's stock.

Analyst Ratings Changes

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

United States Lime & Minerals Trading Down 1.2%

NASDAQ:USLM traded down $1.29 during trading hours on Wednesday, hitting $103.98. The company had a trading volume of 51,792 shares, compared to its average volume of 96,838. The company has a 50-day moving average of $94.92 and a 200 day moving average of $112.12. The company has a market cap of $2.98 billion, a P/E ratio of 27.41 and a beta of 0.97. United States Lime & Minerals, Inc. has a 1 year low of $64.25 and a 1 year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%. The company had revenue of $91.25 million during the quarter.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.23%. United States Lime & Minerals's payout ratio is currently 5.71%.

United States Lime & Minerals 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.