United States Lime & Minerals, Inc. $USLM Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 10.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,865 shares of the construction company’s stock after selling 348 shares during the quarter. Voya Investment Management LLC’s holdings in United States Lime & Minerals were worth $253,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of United States Lime & Minerals by 13.2% during the 1st quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company’s stock worth $71,444,000 after acquiring an additional 94,149 shares in the last quarter. Select Equity Group L.P. increased its holdings in shares of United States Lime & Minerals by 3.5% during the 1st quarter. Select Equity Group L.P. now owns 339,786 shares of the construction company’s stock worth $30,030,000 after buying an additional 11,432 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of United States Lime & Minerals by 33.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock worth $25,938,000 after buying an additional 73,891 shares during the last quarter. Millennium Management LLC boosted its position in shares of United States Lime & Minerals by 202.9% during the 1st quarter. Millennium Management LLC now owns 193,388 shares of the construction company’s stock worth $17,092,000 after purchasing an additional 129,534 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of United States Lime & Minerals by 4.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 100,474 shares of the construction company’s stock worth $8,880,000 after purchasing an additional 4,318 shares during the period. 27.12% of the stock is owned by hedge funds and other institutional investors.

United States Lime & Minerals Stock Up 0.0%

Shares of NASDAQ:USLM opened at $129.82 on Tuesday. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 29.78 and a beta of 1.02. The firm’s 50-day simple moving average is $118.83 and its 200-day simple moving average is $105.13. United States Lime & Minerals, Inc. has a fifty-two week low of $80.47 and a fifty-two week high of $159.53.

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

United States Lime & Minerals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 22nd were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, August 22nd. United States Lime & Minerals’s dividend payout ratio is 5.50%.

Analyst Ratings Changes

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

Insider Activity

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 12,100 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $119.50, for a total value of $1,445,950.00. Following the sale, the chief executive officer owned 86,432 shares of the company’s stock, valued at $10,328,624. This represents a 12.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.46% of the stock is owned by company insiders.

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.