Cwm LLC grew its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 24.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,264 shares of the construction company’s stock after purchasing an additional 641 shares during the quarter. Cwm LLC’s holdings in United States Lime & Minerals were worth $326,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of United States Lime & Minerals by 87.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,528 shares of the construction company’s stock worth $312,000 after acquiring an additional 1,643 shares during the period. Allspring Global Investments Holdings LLC increased its position 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 worth $412,000 after purchasing an additional 291 shares during the last quarter. Strs Ohio bought a new stake in shares of United States Lime & Minerals during the 1st quarter worth approximately $601,000. Trexquant Investment LP acquired a new stake in shares of United States Lime & Minerals in the 1st quarter valued at approximately $1,173,000. Finally, Select Equity Group L.P. grew its stake in shares of United States Lime & Minerals by 3.5% in the first quarter. Select Equity Group L.P. now owns 339,786 shares of the construction company’s stock valued at $30,030,000 after buying an additional 11,432 shares in the last quarter. Institutional investors own 27.12% of the company’s stock.
Analyst Ratings Changes
USLM has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of United States Lime & Minerals in a research note on Friday. Wall Street Zen lowered United States Lime & Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, United States Lime & Minerals currently has an average rating of “Buy”.
United States Lime & Minerals Price Performance
USLM stock opened at $134.35 on Monday. United States Lime & Minerals, Inc. has a fifty-two week low of $80.47 and a fifty-two week high of $159.53. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of 30.81 and a beta of 1.02. The business’s fifty day moving average price is $126.21 and its two-hundred day moving average price is $110.28.
United States Lime & Minerals (NASDAQ:USLM – Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The construction company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.07). The business had revenue of $91.52 million for the quarter, compared to the consensus estimate of $101.00 million. United States Lime & Minerals had a return on equity of 24.24% and a net margin of 35.57%.
United States Lime & Minerals Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 22nd were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 22nd. United States Lime & Minerals’s dividend payout ratio is presently 5.50%.
Insider Activity at United States Lime & Minerals
In related news, CEO Timothy W. Byrne sold 27,425 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $121.05, for a total value of $3,319,796.25. Following the completion of the transaction, the chief executive officer owned 98,532 shares of the company’s stock, valued at $11,927,298.60. The trade was a 21.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.46% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than United States Lime & Minerals
- What Are Dividend Champions? How to Invest in the Champions
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- CD Calculator: Certificate of Deposit Calculator
- Is Landstar the Next Big Winner in Transportation Stocks?
Want to see what other hedge funds are holding USLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report).
Receive News & Ratings for United States Lime & Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Lime & Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
