United States Lime & Minerals, Inc. $USLM Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 0.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 747,640 shares of the construction company’s stock after selling 5,650 shares during the period. Dimensional Fund Advisors LP’s holdings in United States Lime & Minerals were worth $97,641,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its position in United States Lime & Minerals by 3.3% during the fourth quarter. Handelsbanken Fonder AB now owns 3,100 shares of the construction company’s stock valued at $371,000 after acquiring an additional 100 shares during the period. ProShare Advisors LLC increased its stake in United States Lime & Minerals by 6.8% during the fourth quarter. ProShare Advisors LLC now owns 1,979 shares of the construction company’s stock worth $237,000 after acquiring an additional 126 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of United States Lime & Minerals by 2.4% in the 1st quarter. SG Americas Securities LLC now owns 7,438 shares of the construction company’s stock worth $971,000 after purchasing an additional 176 shares during the period. Comerica Bank raised its holdings in shares of United States Lime & Minerals by 28.6% in the 4th quarter. Comerica Bank now owns 827 shares of the construction company’s stock worth $99,000 after purchasing an additional 184 shares during the period. Finally, Aviva PLC lifted its stake in shares of United States Lime & Minerals by 4.9% in the 4th quarter. Aviva PLC now owns 4,025 shares of the construction company’s stock valued at $482,000 after purchasing an additional 188 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 0.7%

United States Lime & Minerals stock opened at $113.00 on Thursday. The firm has a fifty day moving average of $107.19 and a 200-day moving average of $116.24. United States Lime & Minerals, Inc. has a 52-week low of $94.76 and a 52-week high of $141.43. The firm has a market capitalization of $3.24 billion, a P/E ratio of 24.89 and a beta of 0.72.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.10). United States Lime & Minerals had a net margin of 35.40% and a return on equity of 21.28%. The business had revenue of $99.13 million for the quarter, compared to analyst estimates of $108.00 million.

United States Lime & Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.24 annualized dividend and a yield of 0.2%. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.29%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut United States Lime & Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, United States Lime & Minerals has an average rating of “Hold”.

United States Lime & Minerals 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.