UBS Group AG Sells 5,046 Shares of United States Lime & Minerals, Inc. $USLM

UBS Group AG lessened its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 18.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,330 shares of the construction company’s stock after selling 5,046 shares during the quarter. UBS Group AG’s holdings in United States Lime & Minerals were worth $2,674,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of USLM. Quarry LP bought a new stake in shares of United States Lime & Minerals in the third quarter valued at about $33,000. Amica Retiree Medical Trust boosted its position in shares of 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 valued at $44,000 after acquiring an additional 269 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of United States Lime & Minerals by 54,900.0% in the third quarter. PNC Financial Services Group Inc. now owns 550 shares of the construction company’s stock valued at $72,000 after acquiring an additional 549 shares during the period. Comerica Bank bought a new stake in shares of United States Lime & Minerals in the third quarter valued at about $85,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of United States Lime & Minerals in the third quarter valued at about $86,000. Institutional investors own 27.12% of the company’s stock.

Analysts Set New Price Targets

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

United States Lime & Minerals Stock Up 3.2%

USLM opened at $109.41 on Wednesday. United States Lime & Minerals, Inc. has a twelve month low of $94.02 and a twelve month high of $141.43. The company has a 50-day simple moving average of $122.23 and a 200 day simple moving average of $121.20. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 24.10 and a beta of 0.70.

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

United States Lime & Minerals Dividend Announcement

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