Wealth Enhancement Advisory Services LLC Acquires Shares of 1,885 United States Lime & Minerals, Inc. (NASDAQ:USLM)

Wealth Enhancement Advisory Services LLC acquired a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,885 shares of the construction company’s stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Global Retirement Partners LLC acquired a new position in United States Lime & Minerals during the 4th quarter worth approximately $25,000. State of Wyoming acquired a new position in United States Lime & Minerals during the 4th quarter worth approximately $35,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of United States Lime & Minerals in the 4th quarter worth approximately $36,000. National Bank of Canada FI acquired a new stake in shares of United States Lime & Minerals in the 4th quarter worth approximately $72,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of 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 acquiring an additional 510 shares during the period. 27.12% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:USLM opened at $97.85 on Monday. The business’s fifty day moving average price is $98.28 and its two-hundred day moving average price is $107.97. The stock has a market cap of $2.80 billion, a PE ratio of 25.79 and a beta of 1.01. United States Lime & Minerals, Inc. has a one year low of $65.45 and a one year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last announced 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 for the quarter.

United States Lime & Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date was Friday, May 23rd. United States Lime & Minerals’s dividend payout ratio is presently 5.71%.

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.