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

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

Other institutional investors and hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of United States Lime & Minerals by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock valued at $67,372,000 after buying an additional 28,947 shares in the last quarter. Lazard Asset Management LLC increased its stake in United States Lime & Minerals by 95.3% during the fourth quarter. Lazard Asset Management LLC now owns 40,511 shares of the construction company's stock worth $5,377,000 after purchasing an additional 19,773 shares during the period. Janus Henderson Group PLC lifted its position in shares of United States Lime & Minerals by 13.2% during the fourth quarter. Janus Henderson Group PLC now owns 56,180 shares of the construction company's stock worth $7,458,000 after purchasing an additional 6,568 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of United States Lime & Minerals by 59.4% in the fourth quarter. Deutsche Bank AG now owns 9,747 shares of the construction company's stock valued at $1,294,000 after purchasing an additional 3,632 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of United States Lime & Minerals in the fourth quarter valued at approximately $1,126,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

United States Lime & Minerals Trading Down 0.4%

NASDAQ:USLM traded down $0.44 during midday trading on Friday, reaching $102.64. The company had a trading volume of 24,902 shares, compared to its average volume of 107,443. United States Lime & Minerals, Inc. has a 12-month low of $64.25 and a 12-month high of $159.53. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 27.04 and a beta of 0.97. The stock's fifty day simple moving average is $95.27 and its 200-day simple moving average is $111.80.

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

United States Lime & Minerals Dividend Announcement

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 given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. United States Lime & Minerals's dividend payout ratio is currently 5.71%.

Analyst Ratings Changes

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