Thurston Springer Miller Herd & Titak Inc. Buys 1,748 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Thurston Springer Miller Herd & Titak Inc. increased its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 19.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,593 shares of the construction company’s stock after acquiring an additional 1,748 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in United States Lime & Minerals were worth $936,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new stake in United States Lime & Minerals during the fourth quarter valued at about $25,000. State of Wyoming purchased a new stake in shares of United States Lime & Minerals during the fourth quarter worth about $35,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in United States Lime & Minerals during the 4th quarter valued at approximately $36,000. National Bank of Canada FI purchased a new position in United States Lime & Minerals in the 4th quarter worth approximately $72,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in United States Lime & Minerals by 136.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock worth $117,000 after purchasing an additional 510 shares in the last quarter. Institutional investors own 27.12% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, April 2nd.

United States Lime & Minerals Stock Performance

Shares of NASDAQ USLM opened at $106.33 on Friday. The company has a market cap of $3.04 billion, a P/E ratio of 28.03 and a beta of 0.97. United States Lime & Minerals, Inc. has a 52-week low of $64.25 and a 52-week high of $159.53. The firm’s fifty day moving average is $96.71 and its two-hundred day moving average is $110.54.

United States Lime & Minerals (NASDAQ:USLM) last issued its earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $91.25 million for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, May 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.71%.

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.