UBS Group AG Has $2.67 Million Stake in United States Lime & Minerals, Inc. $USLM

UBS Group AG trimmed its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 18.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,330 shares of the construction company’s stock after selling 5,046 shares during the period. UBS Group AG owned 0.08% of United States Lime & Minerals worth $2,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in United States Lime & Minerals by 58.5% during the third quarter. JPMorgan Chase & Co. now owns 43,964 shares of the construction company’s stock worth $5,783,000 after buying an additional 16,223 shares during the last quarter. Vanguard Group Inc. increased its holdings in United States Lime & Minerals by 4.7% during the third quarter. Vanguard Group Inc. now owns 868,196 shares of the construction company’s stock worth $114,211,000 after buying an additional 38,765 shares during the last quarter. TD Asset Management Inc acquired a new position in United States Lime & Minerals during the third quarter worth $1,440,000. ArrowMark Colorado Holdings LLC acquired a new position in United States Lime & Minerals during the third quarter worth $26,705,000. Finally, Envestnet Asset Management Inc. acquired a new position in United States Lime & Minerals during the third quarter worth $2,783,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

United States Lime & Minerals Price Performance

NASDAQ:USLM opened at $109.41 on Wednesday. United States Lime & Minerals, Inc. has a one year low of $94.02 and a one year high of $141.43. The company has a market cap of $3.14 billion, a P/E ratio of 24.10 and a beta of 0.70. The firm’s fifty day moving average price is $122.23 and its two-hundred day moving average price is $121.20.

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

United States Lime & Minerals Announces Dividend

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

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.