24,639 Shares in United States Lime & Minerals, Inc. $USLM Acquired by Legal & General Group Plc

Legal & General Group Plc bought a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLMFree Report) during the second quarter, Holdings Channel.com reports. The fund bought 24,639 shares of the construction company’s stock, valued at approximately $2,579,000.

Several other institutional investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals in the fourth quarter worth about $29,000. Quarry LP purchased a new position in United States Lime & Minerals during the third quarter valued at approximately $33,000. Empowered Funds LLC bought a new stake in United States Lime & Minerals during the 4th quarter worth approximately $42,000. Comerica Bank bought a new stake in United States Lime & Minerals during the 3rd quarter worth approximately $85,000. Finally, Fifth Third Bancorp purchased a new stake in United States Lime & Minerals in the 1st quarter worth approximately $90,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Up 0.7%

USLM opened at $116.69 on Friday. The stock has a market cap of $3.35 billion, a PE ratio of 24.99 and a beta of 0.73. United States Lime & Minerals, Inc. has a 52 week low of $96.27 and a 52 week high of $141.43. The business’s fifty day simple moving average is $112.09 and its 200 day simple moving average is $115.52.

United States Lime & Minerals (NASDAQ:USLMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.10). The firm had revenue of $99.13 million during the quarter, compared to analysts’ expectations of $108.00 million. United States Lime & Minerals had a return on equity of 20.76% and a net margin of 35.66%.

United States Lime & Minerals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 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 is Friday, August 21st. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.14%.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of United States Lime & Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Report on United States Lime & Minerals

About United States Lime & Minerals

(Free Report)

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.

See Also

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:USLMFree Report).

Institutional Ownership by Quarter for United States Lime & Minerals (NASDAQ:USLM)

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