United States Lime & Minerals (NASDAQ:USLM) Sees Unusually-High Trading Volume - Should You Buy?

United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 171,152 shares were traded during mid-day trading, an increase of 66% from the previous session's volume of 103,230 shares.The stock last traded at $101.46 and had previously closed at $100.34.

Analysts Set New Price Targets

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

United States Lime & Minerals Stock Performance

The business has a fifty day moving average of $99.63 and a two-hundred day moving average of $105.29. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 23.78 and a beta of 1.01.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 EPS for the quarter. The firm had revenue of $91.25 million during the quarter. United States Lime & Minerals had a net margin of 35.74% and a return on equity of 24.79%.

United States Lime & Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 23rd were paid a $0.06 dividend. The ex-dividend date was Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. United States Lime & Minerals's dividend payout ratio (DPR) is currently 5.71%.

Institutional Investors Weigh In On United States Lime & Minerals

A number of institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of United States Lime & Minerals during the fourth quarter worth $25,000. State of Wyoming bought a new position in United States Lime & Minerals during the fourth quarter worth about $35,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in United States Lime & Minerals in the 4th quarter worth about $36,000. National Bank of Canada FI bought a new stake in United States Lime & Minerals in the 4th quarter valued at about $72,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings 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 valued at $117,000 after purchasing an additional 510 shares during the period. Institutional investors own 27.12% of the company's stock.

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.

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