Cadent Capital Advisors LLC Acquires Shares of 13,881 United States Lime & Minerals, Inc. $USLM

Cadent Capital Advisors LLC bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 13,881 shares of the construction company’s stock, valued at approximately $1,826,000.

Several other large investors have also made changes to their positions in the company. Kaizen Financial Strategies increased its position in shares of United States Lime & Minerals by 1.7% during the 2nd quarter. Kaizen Financial Strategies now owns 5,991 shares of the construction company’s stock worth $598,000 after purchasing an additional 100 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in United States Lime & Minerals during the third quarter worth about $26,000. Cerity Partners LLC increased its holdings in shares of United States Lime & Minerals by 10.0% during the second quarter. Cerity Partners LLC now owns 2,655 shares of the construction company’s stock worth $265,000 after buying an additional 242 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of United States Lime & Minerals by 69.5% during the second quarter. Osaic Holdings Inc. now owns 939 shares of the construction company’s stock worth $94,000 after buying an additional 385 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of United States Lime & Minerals by 14.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,022 shares of the construction company’s stock valued at $422,000 after acquiring an additional 494 shares during the last quarter. Institutional investors own 27.12% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded United States Lime & Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

United States Lime & Minerals Trading Down 1.8%

Shares of NASDAQ USLM opened at $127.23 on Thursday. United States Lime & Minerals, Inc. has a 1-year low of $80.47 and a 1-year high of $138.51. The company has a market cap of $3.64 billion, a PE ratio of 27.96 and a beta of 0.96. The company has a 50-day moving average of $123.43 and a two-hundred day moving average of $117.26.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings results on Wednesday, October 29th. The construction company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.20 by $0.15. United States Lime & Minerals had a net margin of 35.83% and a return on equity of 23.82%.

United States Lime & Minerals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 21st were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, November 21st. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.27%.

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.