Vest Financial LLC Buys New Holdings in United States Lime & Minerals, Inc. $USLM

Key Points

• Vest Financial LLC acquired 10,632 shares of United States Lime & Minerals, valued at approximately $1,061,000, according to a recent SEC filing.
• Analysts have varied opinions on the stock, with Wall Street Zen lowering its rating to "hold," while Weiss Ratings maintains a "buy (b-)" rating.
• United States Lime & Minerals reported earnings of $1.07 per share for the most recent quarter, missing estimates, alongside a net margin of 35.57% and a revenue of $91.52 million.

Vest Financial LLC bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,632 shares of the construction company's stock, valued at approximately $1,061,000.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of United States Lime & Minerals by 87.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,528 shares of the construction company's stock valued at $312,000 after purchasing an additional 1,643 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in United States Lime & Minerals by 6.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,513 shares of the construction company's stock valued at $412,000 after acquiring an additional 291 shares during the period. GAMMA Investing LLC lifted its holdings in shares of United States Lime & Minerals by 10,831.6% during the first quarter. GAMMA Investing LLC now owns 8,308 shares of the construction company's stock valued at $734,000 after acquiring an additional 8,232 shares during the period. SG Americas Securities LLC boosted its stake in shares of United States Lime & Minerals by 44.2% in the 1st quarter. SG Americas Securities LLC now owns 8,237 shares of the construction company's stock valued at $728,000 after purchasing an additional 2,526 shares in the last quarter. Finally, Strs Ohio acquired a new stake in shares of United States Lime & Minerals in the 1st quarter valued at $601,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wall Street Zen cut United States Lime & Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Weiss Ratings restated a "buy (b-)" rating on shares of United States Lime & Minerals in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, United States Lime & Minerals currently has a consensus rating of "Buy".

United States Lime & Minerals Price Performance

NASDAQ:USLM opened at $128.72 on Thursday. United States Lime & Minerals, Inc. has a fifty-two week low of $80.47 and a fifty-two week high of $159.53. The stock has a market capitalization of $3.69 billion, a PE ratio of 29.52 and a beta of 1.02. The business's 50-day simple moving average is $123.67 and its 200-day simple moving average is $107.77.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The construction company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.07). United States Lime & Minerals had a net margin of 35.57% and a return on equity of 24.24%. The business had revenue of $91.52 million for the quarter, compared to the consensus estimate of $101.00 million.

United States Lime & Minerals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 22nd were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 22nd. United States Lime & Minerals's payout ratio is 5.50%.

Insider Buying and Selling

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 12,100 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $119.50, for a total value of $1,445,950.00. Following the sale, the chief executive officer owned 86,432 shares in the company, valued at approximately $10,328,624. The trade was a 12.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.46% of the company's stock.

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.

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