Deutsche Bank AG Acquires 3,632 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Deutsche Bank AG lifted its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 59.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of USLM. Global Retirement Partners LLC acquired a new stake in United States Lime & Minerals during the 4th quarter worth about $25,000. Sound View Wealth Advisors Group LLC raised its stake in shares of United States Lime & Minerals by 3.8% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company's stock valued at $733,000 after acquiring an additional 200 shares in the last quarter. MetLife Investment Management LLC raised its stake in shares of United States Lime & Minerals by 5.8% in the 4th quarter. MetLife Investment Management LLC now owns 6,473 shares of the construction company's stock valued at $859,000 after acquiring an additional 353 shares in the last quarter. Townsquare Capital LLC raised its stake in shares of United States Lime & Minerals by 18.8% in the 4th quarter. Townsquare Capital LLC now owns 2,479 shares of the construction company's stock valued at $329,000 after acquiring an additional 393 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in United States Lime & Minerals by 136.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock worth $117,000 after buying an additional 510 shares during the period. Institutional investors and hedge funds own 27.12% of the company's stock.

Wall Street Analyst Weigh In

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

United States Lime & Minerals Trading Down 1.2%

USLM stock traded down $1.29 during trading on Wednesday, hitting $103.98. The company had a trading volume of 51,792 shares, compared to its average volume of 96,838. The company has a fifty day moving average price of $94.92 and a two-hundred day moving average price of $112.12. The company has a market cap of $2.98 billion, a P/E ratio of 27.41 and a beta of 0.97. 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 posted its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 EPS for the quarter. The company had revenue of $91.25 million for 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 Announces Dividend

The business 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 $0.06 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. United States Lime & Minerals's dividend payout ratio is presently 5.71%.

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.