United States Lime & Minerals, Inc. (NASDAQ:USLM) Holdings Reduced by Tidal Investments LLC

Tidal Investments LLC lowered its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 43.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,687 shares of the construction company's stock after selling 2,870 shares during the quarter. Tidal Investments LLC's holdings in United States Lime & Minerals were worth $489,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of United States Lime & Minerals by 1,182.8% in the 3rd quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after purchasing an additional 19,835 shares in the last quarter. Deutsche Bank AG raised its stake 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. Principal Financial Group Inc. raised its stake in shares of United States Lime & Minerals by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock valued at $848,000 after purchasing an additional 546 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of United States Lime & Minerals by 16.8% in the 4th quarter. Victory Capital Management Inc. now owns 21,425 shares of the construction company's stock valued at $2,844,000 after purchasing an additional 3,081 shares in the last quarter. Finally, Millennium Management LLC raised its stake in shares of 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 purchasing an additional 60,166 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock traded down $0.68 during trading on Friday, reaching $102.40. The company had a trading volume of 224,188 shares, compared to its average volume of 97,760. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 26.99 and a beta of 0.97. The firm's fifty day moving average is $95.46 and its 200-day moving average is $111.55. United States Lime & Minerals, Inc. has a fifty-two week low of $64.25 and a fifty-two week high of $159.53.

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 earnings per share for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%. The business had revenue of $91.25 million during the quarter.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio is presently 5.71%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of 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.