Copeland Capital Management LLC Increases Stock Holdings in United States Lime & Minerals, Inc. $USLM

Copeland Capital Management LLC increased its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 22.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 185,956 shares of the construction company’s stock after acquiring an additional 34,560 shares during the quarter. Copeland Capital Management LLC’s holdings in United States Lime & Minerals were worth $22,266,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USLM. Exchange Traded Concepts LLC purchased a new stake in United States Lime & Minerals in the third quarter worth $26,000. Quarry LP purchased a new stake in United States Lime & Minerals in the third quarter worth $33,000. Blue Trust Inc. purchased a new stake in United States Lime & Minerals in the third quarter worth $35,000. Amica Retiree Medical Trust lifted its stake in United States Lime & Minerals by 413.8% in the third quarter. Amica Retiree Medical Trust now owns 334 shares of the construction company’s stock worth $44,000 after acquiring an additional 269 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in United States Lime & Minerals in the third quarter worth $52,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Analyst Ratings Changes

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

United States Lime & Minerals Price Performance

USLM opened at $132.37 on Friday. The stock has a 50-day moving average price of $123.74 and a 200-day moving average price of $123.45. The firm has a market cap of $3.80 billion, a PE ratio of 28.34 and a beta of 0.92. United States Lime & Minerals, Inc. has a 1 year low of $89.16 and a 1 year high of $141.43.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Monday, February 2nd. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.07). The company had revenue of $87.94 million during the quarter, compared to analysts’ expectations of $97.00 million. United States Lime & Minerals had a return on equity of 23.07% and a net margin of 36.03%.

United States Lime & Minerals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 20th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, February 20th. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.14%.

United States Lime & Minerals Company 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.