Deutsche Bank AG Grows Stock Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Deutsche Bank AG lifted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 59.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,747 shares of the construction company's stock after purchasing an additional 3,632 shares during the quarter. Deutsche Bank AG's holdings in United States Lime & Minerals were worth $1,294,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of USLM. Vanguard Group Inc. raised its holdings in United States Lime & Minerals by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company's stock worth $94,806,000 after acquiring an additional 10,614 shares in the last quarter. Geode Capital Management LLC increased its position in shares of United States Lime & Minerals by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 314,531 shares of the construction company's stock worth $41,759,000 after purchasing an additional 6,482 shares during the last quarter. Invesco Ltd. increased its position in shares of United States Lime & Minerals by 4.7% during the 4th quarter. Invesco Ltd. now owns 200,942 shares of the construction company's stock worth $26,673,000 after purchasing an additional 8,967 shares during the last quarter. Northern Trust Corp increased its position in shares of United States Lime & Minerals by 5.1% during the 4th quarter. Northern Trust Corp now owns 111,932 shares of the construction company's stock worth $14,858,000 after purchasing an additional 5,447 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of United States Lime & Minerals by 12.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 96,156 shares of the construction company's stock worth $12,764,000 after purchasing an additional 10,399 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company's stock.

United States Lime & Minerals Stock Down 0.8%

Shares of USLM stock traded down $0.82 during trading on Friday, reaching $102.27. 24,046 shares of the company's stock were exchanged, compared to its average volume of 96,854. The stock has a market capitalization of $2.93 billion, a PE ratio of 26.95 and a beta of 0.97. United States Lime & Minerals, Inc. has a twelve month low of $64.25 and a twelve month high of $159.53. The firm's fifty day moving average price is $95.27 and its 200-day moving average price is $111.80.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $91.25 million during the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.06 per share. The ex-dividend date 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 5.71%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Wednesday, April 2nd.

United States Lime & Minerals Company 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.