Diamond Hill Capital Management Inc. Purchases 5,051 Shares of United States Lime & Minerals, Inc. $USLM

Diamond Hill Capital Management Inc. grew its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 70,935 shares of the construction company’s stock after acquiring an additional 5,051 shares during the period. Diamond Hill Capital Management Inc.’s holdings in United States Lime & Minerals were worth $8,494,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals in the 4th quarter valued at $29,000. Handelsbanken Fonder AB lifted its stake in shares of United States Lime & Minerals by 3.3% in the 4th quarter. Handelsbanken Fonder AB now owns 3,100 shares of the construction company’s stock valued at $371,000 after acquiring an additional 100 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of United States Lime & Minerals by 6.8% in the 4th quarter. ProShare Advisors LLC now owns 1,979 shares of the construction company’s stock valued at $237,000 after acquiring an additional 126 shares during the last quarter. Vest Financial LLC lifted its stake in shares of United States Lime & Minerals by 11.4% in the 4th quarter. Vest Financial LLC now owns 13,901 shares of the construction company’s stock valued at $1,665,000 after acquiring an additional 1,420 shares during the last quarter. Finally, Comerica Bank lifted its stake in shares of United States Lime & Minerals by 28.6% in the 4th quarter. Comerica Bank now owns 827 shares of the construction company’s stock valued at $99,000 after acquiring an additional 184 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors.

United States Lime & Minerals Stock Up 0.2%

Shares of NASDAQ:USLM opened at $106.04 on Friday. The firm has a market cap of $3.04 billion, a P/E ratio of 23.36 and a beta of 0.70. United States Lime & Minerals, Inc. has a 12-month low of $94.02 and a 12-month high of $141.43. The business has a fifty day simple moving average of $122.63 and a 200 day simple moving average of $121.21.

United States Lime & Minerals (NASDAQ:USLM) last announced its earnings results on Wednesday, April 29th. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.14). The company had revenue of $87.83 million for the quarter, compared to the consensus estimate of $102.00 million. United States Lime & Minerals had a return on equity of 21.28% and a net margin of 35.40%.

United States Lime & Minerals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.29%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded United States Lime & Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About United States Lime & Minerals

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.