ProShare Advisors LLC Takes Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

ProShare Advisors LLC acquired a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,964 shares of the construction company's stock, valued at approximately $393,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Occudo Quantitative Strategies LP boosted its stake in United States Lime & Minerals by 6.4% in the 4th quarter. Occudo Quantitative Strategies LP now owns 6,752 shares of the construction company's stock valued at $896,000 after buying an additional 406 shares in the last quarter. Millennium Management LLC boosted its stake 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 valued at $8,476,000 after buying an additional 60,166 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in United States Lime & Minerals by 6.0% in the 4th 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 boosted its stake in United States Lime & Minerals by 95.3% in the 4th quarter. Lazard Asset Management LLC now owns 40,511 shares of the construction company's stock valued at $5,377,000 after buying an additional 19,773 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in United States Lime & Minerals by 13.2% in the 4th quarter. Janus Henderson Group PLC now owns 56,180 shares of the construction company's stock valued at $7,458,000 after buying an additional 6,568 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.

United States Lime & Minerals Stock Performance

United States Lime & Minerals stock traded down $0.90 on Thursday, reaching $103.08. The company's stock had a trading volume of 195,488 shares, compared to its average volume of 97,144. United States Lime & Minerals, Inc. has a twelve month low of $64.25 and a twelve month high of $159.53. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 27.17 and a beta of 0.97. The business's fifty day moving average price is $95.14 and its 200 day moving average price is $112.07.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be issued a dividend of $0.06 per share. 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 presently 5.71%.

Analyst Ratings Changes

Separately, Wall Street Zen raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note 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.