4,459 Shares in United States Lime & Minerals, Inc. $USLM Purchased by Man Group plc

Man Group plc acquired a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,459 shares of the construction company’s stock, valued at approximately $467,000.

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

Wall Street Analyst Weigh In

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

United States Lime & Minerals Stock Up 0.7%

Shares of NASDAQ:USLM opened at $116.69 on Friday. The business has a fifty day moving average of $112.09 and a two-hundred day moving average of $115.52. The stock has a market cap of $3.35 billion, a P/E 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.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.10). The company had revenue of $99.13 million for 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 company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. United States Lime & Minerals’s payout ratio is 5.14%.

United States Lime & Minerals Profile

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.