United States Lime & Minerals, Inc. $USLM Stake Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 4.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,474 shares of the construction company’s stock after purchasing an additional 4,318 shares during the period. Charles Schwab Investment Management Inc. owned about 0.35% of United States Lime & Minerals worth $8,880,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in United States Lime & Minerals during the fourth quarter valued at $35,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of United States Lime & Minerals during the fourth quarter worth about $36,000. State of Tennessee Department of Treasury bought a new position in shares of United States Lime & Minerals during the fourth quarter worth about $181,000. Dark Forest Capital Management LP bought a new position in shares of United States Lime & Minerals during the fourth quarter worth about $204,000. Finally, Ameriprise Financial Inc. bought a new position in shares of United States Lime & Minerals during the fourth quarter worth about $235,000. Institutional investors own 27.12% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd.

United States Lime & Minerals Trading Down 1.7%

Shares of NASDAQ USLM opened at $119.48 on Tuesday. United States Lime & Minerals, Inc. has a twelve month low of $74.90 and a twelve month high of $159.53. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 27.40 and a beta of 0.98. The firm has a 50-day moving average of $106.51 and a two-hundred day moving average of $99.90.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results on Wednesday, July 30th. The construction company reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.07). United States Lime & Minerals had a net margin of 35.57% and a return on equity of 24.24%. The business had revenue of $91.52 million during the quarter, compared to analyst estimates of $101.00 million.

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 22nd will be issued a $0.06 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. United States Lime & Minerals’s dividend payout ratio is currently 5.50%.

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.