Cardinal Capital Management Acquires 164 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Cardinal Capital Management grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 0.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,239 shares of the construction company’s stock after buying an additional 164 shares during the period. Cardinal Capital Management owned 0.20% of United States Lime & Minerals worth $5,147,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth about $25,000. State of Wyoming purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth about $35,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth about $36,000. National Bank of Canada FI purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth about $72,000. Finally, Steward Partners Investment Advisory LLC raised its position in shares of 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 during the last quarter. Institutional investors own 27.12% of the company’s stock.

Analyst Upgrades and Downgrades

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

United States Lime & Minerals Price Performance

USLM opened at $100.36 on Tuesday. The stock has a 50-day moving average price of $98.58 and a 200-day moving average price of $107.60. The firm has a market cap of $2.87 billion, a PE ratio of 26.45 and a beta of 1.01. United States Lime & Minerals, Inc. has a 1 year low of $65.45 and a 1 year high of $159.53.

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

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date was Friday, May 23rd. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.71%.

About United States Lime & Minerals

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.