GAMMA Investing LLC Purchases 8,232 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

GAMMA Investing LLC raised its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 10,831.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,308 shares of the construction company’s stock after acquiring an additional 8,232 shares during the quarter. GAMMA Investing LLC’s holdings in United States Lime & Minerals were worth $734,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals during the fourth quarter valued at $25,000. Sound View Wealth Advisors Group LLC boosted its stake in United States Lime & Minerals by 3.8% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company’s stock worth $733,000 after acquiring an additional 200 shares in the last quarter. State of Wyoming bought a new stake in shares of United States Lime & Minerals during the fourth quarter valued at approximately $35,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of United States Lime & Minerals in the fourth quarter valued at $36,000. Finally, MetLife Investment Management LLC grew its holdings in United States Lime & Minerals by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 6,473 shares of the construction company’s stock worth $859,000 after buying an additional 353 shares in the last quarter. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Performance

NASDAQ:USLM opened at $100.79 on Wednesday. The business’s fifty day moving average is $98.72 and its 200 day moving average is $107.55. United States Lime & Minerals, Inc. has a 52-week low of $65.45 and a 52-week high of $159.53. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 24.00 and a beta of 1.01.

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

United States Lime & Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 23rd were issued a $0.06 dividend. The ex-dividend date was 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 is currently 5.71%.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, April 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.