MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 51.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 245,034 shares of the construction company's stock after selling 262,507 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.86% of United States Lime & Minerals worth $21,656,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in USLM. Wealth Enhancement Advisory Services LLC lifted its position in shares of United States Lime & Minerals by 87.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,528 shares of the construction company's stock valued at $312,000 after acquiring an additional 1,643 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of United States Lime & Minerals by 6.9% in the first 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 period. GAMMA Investing LLC grew its position in shares of United States Lime & Minerals by 10,831.6% during the 1st quarter. GAMMA Investing LLC now owns 8,308 shares of the construction company's stock worth $734,000 after buying an additional 8,232 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of United States Lime & Minerals by 59.4% in the 4th 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 in the last quarter. Finally, SG Americas Securities LLC boosted its position in United States Lime & Minerals by 44.2% during the first quarter. SG Americas Securities LLC now owns 8,237 shares of the construction company's stock valued at $728,000 after purchasing an additional 2,526 shares in the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, CEO Timothy W. Byrne sold 27,425 shares of the business's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $121.05, for a total value of $3,319,796.25. Following the transaction, the chief executive officer owned 98,532 shares in the company, valued at approximately $11,927,298.60. The trade was a 21.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.46% of the stock is owned by corporate insiders.
United States Lime & Minerals Stock Performance
NASDAQ:USLM traded down $0.29 during mid-day trading on Friday, reaching $127.90. The stock had a trading volume of 58,026 shares, compared to its average volume of 128,404. The business has a 50 day simple moving average of $112.78 and a 200 day simple moving average of $101.90. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 29.33 and a beta of 1.02. United States Lime & Minerals, Inc. has a twelve month low of $80.47 and a twelve month high of $159.53.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The construction company reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.07). United States Lime & Minerals had a return on equity of 24.24% and a net margin of 35.57%.The firm had revenue of $91.52 million for the quarter, compared to analyst estimates of $101.00 million.
United States Lime & Minerals Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 22nd will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 22nd. United States Lime & Minerals's payout ratio is currently 5.50%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd.
View Our Latest Stock Analysis on United States Lime & Minerals
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.
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