United States Lime & Minerals, Inc. $USLM Holdings Boosted by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP increased its stake in United States Lime & Minerals, Inc. by 38.3% during the first quarter, owning a total of 12,169 shares valued at approximately $1,075,000.
• Analysts from Wall Street Zen downgraded United States Lime & Minerals from a "buy" rating to a "hold" rating on August 2nd.
• The company is set to pay a quarterly dividend of $0.06 per share on September 12th, with an annualized dividend yield of 0.2% and a payout ratio of 5.50%.

Quantbot Technologies LP grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 38.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,169 shares of the construction company's stock after buying an additional 3,373 shares during the period. Quantbot Technologies LP's holdings in United States Lime & Minerals were worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $35,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $36,000. Covestor Ltd raised its holdings in United States Lime & Minerals by 4,902.8% during the first quarter. Covestor Ltd now owns 1,801 shares of the construction company's stock worth $159,000 after purchasing an additional 1,765 shares in the last quarter. State of Tennessee Department of Treasury bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $181,000. Finally, Dark Forest Capital Management LP bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $204,000. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Stock Up 1.9%

United States Lime & Minerals stock traded up $2.38 during mid-day trading on Thursday, hitting $126.90. The company's stock had a trading volume of 56,919 shares, compared to its average volume of 128,103. The stock has a market capitalization of $3.63 billion, a P/E ratio of 29.06 and a beta of 0.98. United States Lime & Minerals, Inc. has a twelve month low of $74.90 and a twelve month high of $159.53. The stock's fifty day moving average price is $107.44 and its two-hundred day moving average price is $100.22.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted 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). The business had revenue of $91.52 million during the quarter, compared to analyst estimates of $101.00 million. United States Lime & Minerals had a return on equity of 24.24% and a net margin of 35.57%.

United States Lime & Minerals Announces Dividend

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

Analysts Set New Price Targets

Separately, Wall Street Zen cut United States Lime & Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd.

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.