Teacher Retirement System of Texas Has $887,000 Holdings in United States Lime & Minerals, Inc. $USLM

Teacher Retirement System of Texas lessened its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 5.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,892 shares of the construction company’s stock after selling 488 shares during the quarter. Teacher Retirement System of Texas’ holdings in United States Lime & Minerals were worth $887,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in USLM. Millennium Management LLC increased its stake in United States Lime & Minerals by 202.9% in the 1st quarter. Millennium Management LLC now owns 193,388 shares of the construction company’s stock valued at $17,092,000 after buying an additional 129,534 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of United States Lime & Minerals by 13.2% in the 1st quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company’s stock valued at $71,444,000 after acquiring an additional 94,149 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of United States Lime & Minerals by 33.6% in the first quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock valued at $25,938,000 after acquiring an additional 73,891 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of United States Lime & Minerals by 24.5% in the second quarter. William Blair Investment Management LLC now owns 357,690 shares of the construction company’s stock valued at $35,697,000 after acquiring an additional 70,457 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in United States Lime & Minerals by 615.2% during the first quarter. Cubist Systematic Strategies LLC now owns 60,681 shares of the construction company’s stock worth $5,363,000 after acquiring an additional 52,196 shares in the last quarter. Institutional investors own 27.12% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on USLM. Wall Street Zen downgraded United States Lime & Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reissued a “buy (b-)” rating on shares of United States Lime & Minerals in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, United States Lime & Minerals currently has a consensus rating of “Buy”.

United States Lime & Minerals Stock Up 1.2%

Shares of NASDAQ USLM opened at $115.70 on Friday. The business’s 50 day moving average price is $126.13 and its two-hundred day moving average price is $112.12. The company has a market cap of $3.31 billion, a PE ratio of 25.43 and a beta of 1.02. United States Lime & Minerals, Inc. has a twelve month low of $80.47 and a twelve month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings data on Wednesday, October 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.15. United States Lime & Minerals had a return on equity of 24.61% and a net margin of 35.83%.

United States Lime & Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. United States Lime & Minerals’s payout ratio is 5.27%.

Insider Activity at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 27,425 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $121.05, for a total value of $3,319,796.25. Following the transaction, the chief executive officer directly owned 98,532 shares in the company, 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 at this hyperlink. 1.46% of the stock is currently owned by corporate insiders.

United States Lime & Minerals Company 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.