Tudor Investment Corp ET AL Sells 41,349 Shares of United States Lime & Minerals, Inc. $USLM

Key Points

• Tudor Investment Corp ET AL reduced its stake in United States Lime & Minerals (NASDAQ:USLM) by 62.4%, selling 41,349 shares in the quarter and leaving 24,967 shares valued at $3.284 million (about 0.09% ownership).
• Other institutions added meaningfully to positions — Millennium Management (+202.9% to 193,388 shares), Goldman Sachs (+33.6% to 293,483 shares) and First Trust Advisors (+281.5% to 192,869 shares) — with institutional ownership at roughly 27.12%.
• Weiss Ratings upgraded USLM from "hold (c+)" to "buy (b-)", even as the company recently missed quarterly estimates (EPS $1.06 vs. $1.13 consensus; revenue $87.94M vs. $97M) and pays a quarterly dividend of $0.06 (annualized yield ~0.2%).

Tudor Investment Corp ET AL reduced its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 62.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,967 shares of the construction company's stock after selling 41,349 shares during the period. Tudor Investment Corp ET AL owned approximately 0.09% of United States Lime & Minerals worth $3,284,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in USLM. Amundi bought a new position in United States Lime & Minerals in the 1st quarter worth approximately $354,000. Millennium Management LLC increased its position in United States Lime & Minerals by 202.9% in the 1st quarter. Millennium Management LLC now owns 193,388 shares of the construction company's stock worth $17,092,000 after buying an additional 129,534 shares during the period. Goldman Sachs Group Inc. increased its position in United States Lime & Minerals by 33.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company's stock worth $25,938,000 after buying an additional 73,891 shares during the period. Jane Street Group LLC increased its position in United States Lime & Minerals by 67.3% in the 1st quarter. Jane Street Group LLC now owns 51,937 shares of the construction company's stock worth $4,590,000 after buying an additional 20,893 shares during the period. Finally, First Trust Advisors LP increased its position in United States Lime & Minerals by 281.5% in the 2nd quarter. First Trust Advisors LP now owns 192,869 shares of the construction company's stock worth $19,248,000 after buying an additional 142,308 shares during the period. 27.12% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded United States Lime & Minerals from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, United States Lime & Minerals presently has an average rating of "Buy".

United States Lime & Minerals Trading Up 0.4%

USLM opened at $136.82 on Friday. The stock has a market cap of $3.92 billion, a PE ratio of 29.30 and a beta of 0.92. United States Lime & Minerals, Inc. has a 1 year low of $85.60 and a 1 year high of $141.43. The stock's 50 day simple moving average is $119.45 and its 200-day simple moving average is $123.09.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.13 by ($0.07). The firm had revenue of $87.94 million for the quarter, compared to the consensus estimate of $97.00 million. United States Lime & Minerals had a net margin of 36.03% and a return on equity of 23.07%.

United States Lime & Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 20th were given a dividend of $0.06 per share. The ex-dividend date was Friday, February 20th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. United States Lime & Minerals's payout ratio is currently 5.14%.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc NASDAQ: USLM is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.

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