MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 262,507 Shares of United States Lime & Minerals, Inc. $USLM

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 51.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 245,034 shares of the construction company's stock after selling 262,507 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.86% of United States Lime & Minerals worth $21,656,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of United States Lime & Minerals by 13.2% during the first quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company's stock valued at $71,444,000 after purchasing an additional 94,149 shares during the last quarter. Select Equity Group L.P. raised its holdings in United States Lime & Minerals by 46.3% in the 4th quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock worth $43,586,000 after acquiring an additional 103,948 shares during the last quarter. Northern Trust Corp raised its holdings in United States Lime & Minerals by 5.1% in the 4th quarter. Northern Trust Corp now owns 111,932 shares of the construction company's stock worth $14,858,000 after acquiring an additional 5,447 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in United States Lime & Minerals by 4.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 100,474 shares of the construction company's stock worth $8,880,000 after acquiring an additional 4,318 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in United States Lime & Minerals by 1,631.4% in the 4th quarter. Millennium Management LLC now owns 63,854 shares of the construction company's stock worth $8,476,000 after acquiring an additional 60,166 shares during the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

United States Lime & Minerals Stock Performance

Shares of USLM stock traded down $1.48 during mid-day trading on Friday, reaching $126.70. 97,525 shares of the company's stock traded hands, compared to its average volume of 116,418. United States Lime & Minerals, Inc. has a 12 month low of $80.47 and a 12 month high of $159.53. The firm has a 50 day moving average price of $113.21 and a two-hundred day moving average price of $102.16. The firm has a market capitalization of $3.63 billion, a PE ratio of 29.06 and a beta of 1.02.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The construction company reported $1.07 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.07). The company had revenue of $91.52 million for the quarter, compared to the consensus estimate of $101.00 million. United States Lime & Minerals had a net margin of 35.57% and a return on equity of 24.24%.

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 22nd were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 22nd. United States Lime & Minerals's dividend payout ratio is currently 5.50%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd.

Insider Activity

In other news, CEO Timothy W. Byrne sold 12,100 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $119.50, for a total transaction of $1,445,950.00. Following the sale, the chief executive officer directly owned 86,432 shares in the company, valued at approximately $10,328,624. This represents a 12.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.46% of the company's stock.

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.