United States Lime & Minerals (NASDAQ:USLM) Sees Unusually-High Trading Volume - What's Next?

Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 166,061 shares were traded during mid-day trading, an increase of 68% from the previous session's volume of 98,999 shares.The stock last traded at $102.15 and had previously closed at $102.64.

Wall Street Analyst Weigh In

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

United States Lime & Minerals Trading Down 0.8%

The firm has a 50 day moving average of $97.47 and a 200-day moving average of $109.42. The company has a market cap of $2.85 billion, a P/E ratio of 26.22 and a beta of 1.01.

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

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders 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 annualized dividend and a dividend yield of 0.24%. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.71%.

Institutional Trading of United States Lime & Minerals

Several institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC boosted its holdings in shares of United States Lime & Minerals by 1,182.8% in the third quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after purchasing an additional 19,835 shares during the period. Deutsche Bank AG increased its position in United States Lime & Minerals by 59.4% during the 4th quarter. Deutsche Bank AG now owns 9,747 shares of the construction company's stock valued at $1,294,000 after buying an additional 3,632 shares in the last quarter. Millennium Management LLC raised its stake in 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 buying an additional 60,166 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in United States Lime & Minerals by 9.3% in the fourth quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock worth $848,000 after acquiring an additional 546 shares in the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of United States Lime & Minerals by 16.8% during the fourth quarter. Victory Capital Management Inc. now owns 21,425 shares of the construction company's stock worth $2,844,000 after acquiring an additional 3,081 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors.

About United States Lime & Minerals

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.