Teacher Retirement System of Texas Has $829,000 Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Teacher Retirement System of Texas cut its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 42.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,380 shares of the construction company’s stock after selling 7,006 shares during the quarter. Teacher Retirement System of Texas’ holdings in United States Lime & Minerals were worth $829,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of United States Lime & Minerals by 87.2% during the 1st 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 lifted its holdings in shares of United States Lime & Minerals by 6.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,513 shares of the construction company’s stock valued at $412,000 after purchasing an additional 291 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of United States Lime & Minerals by 10,831.6% during the 1st quarter. GAMMA Investing LLC now owns 8,308 shares of the construction company’s stock valued at $734,000 after purchasing an additional 8,232 shares in the last quarter. Deutsche Bank AG raised its position in United States Lime & Minerals by 59.4% in 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 during the last quarter. Finally, SG Americas Securities LLC raised its position in 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 buying an additional 2,526 shares during the last quarter. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 0.9%

NASDAQ:USLM opened at $101.30 on Tuesday. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 24.12 and a beta of 0.98. United States Lime & Minerals, Inc. has a twelve month low of $65.45 and a twelve month high of $159.53. The stock’s 50 day moving average price is $101.77 and its two-hundred day moving average price is $101.69.

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

United States Lime & Minerals Announces Dividend

The firm 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. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend was Friday, May 23rd. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.71%.

Wall Street Analysts Forecast Growth

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

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.