United States Lime & Minerals, Inc. $USLM Shares Acquired by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors LLC increased its stake in United States Lime & Minerals by 12.5%, now owning 37,411 shares valued at approximately $3.3 million.
• United States Lime & Minerals reported an earnings miss with $1.07 EPS, falling short of analysts' estimates of $1.14, and had revenue of $91.52 million against a forecast of $101 million.
• The company announced a quarterly dividend of $0.06 per share, set to be paid on September 12th, representing a yield of 0.2% and a payout ratio of 5.5%.

Aptus Capital Advisors LLC lifted its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 12.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,411 shares of the construction company's stock after acquiring an additional 4,155 shares during the period. Aptus Capital Advisors LLC owned approximately 0.13% of United States Lime & Minerals worth $3,306,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Select Equity Group L.P. boosted its stake in shares of United States Lime & Minerals by 46.3% in the fourth quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock valued at $43,586,000 after purchasing an additional 103,948 shares during the period. Vanguard Group Inc. boosted its stake in shares of United States Lime & Minerals by 13.2% in the first quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company's stock valued at $71,444,000 after purchasing an additional 94,149 shares during the period. Millennium Management LLC boosted its stake in shares of United States Lime & Minerals by 1,631.4% in the fourth 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 during the period. Algert Global LLC boosted its stake in shares of United States Lime & Minerals by 425.0% in the fourth quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock valued at $5,331,000 after purchasing an additional 32,510 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of United States Lime & Minerals by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock valued at $67,372,000 after purchasing an additional 28,947 shares during the period. Institutional investors and hedge funds own 27.12% of the company's stock.

United States Lime & Minerals Stock Up 6.3%

Shares of NASDAQ:USLM traded up $7.23 on Friday, reaching $121.52. 142,835 shares of the company's stock were exchanged, compared to its average volume of 138,474. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 27.87 and a beta of 0.98. United States Lime & Minerals, Inc. has a fifty-two week low of $74.90 and a fifty-two week high of $159.53. The business's 50-day moving average is $106.13 and its two-hundred day moving average is $99.98.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The construction company reported $1.07 earnings per share for the quarter, missing analysts' consensus estimates of $1.14 by ($0.07). The business had revenue of $91.52 million for 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 22nd will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 22nd. United States Lime & Minerals's dividend payout ratio (DPR) is 5.50%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note 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.