United States Lime & Minerals, Inc. (USLM) Holdings Raised by Prudential Financial Inc.
Prudential Financial Inc. boosted its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 22.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,247 shares of the construction company’s stock after purchasing an additional 1,500 shares during the quarter. Prudential Financial Inc. owned about 0.15% of United States Lime & Minerals worth $647,000 at the end of the most recent quarter.
Separately, Cardinal Capital Management boosted its position in United States Lime & Minerals by 17.4% during the second quarter. Cardinal Capital Management now owns 13,499 shares of the construction company’s stock worth $1,059,000 after purchasing an additional 1,999 shares during the period. 24.02% of the stock is currently owned by institutional investors.
Shares of United States Lime & Minerals, Inc. (NASDAQ USLM) opened at 87.53 on Monday. The company has a market cap of $488.24 million, a PE ratio of 24.52 and a beta of 1.12. The firm’s 50-day moving average price is $80.86 and its 200-day moving average price is $79.52. United States Lime & Minerals, Inc. has a 12 month low of $63.60 and a 12 month high of $88.30.
United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Wednesday, July 26th. The construction company reported $0.94 earnings per share for the quarter. The firm had revenue of $36.52 million for the quarter. United States Lime & Minerals had a return on equity of 10.92% and a net margin of 13.68%. Equities analysts predict that United States Lime & Minerals, Inc. will post $2.45 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Wednesday, August 23rd. United States Lime & Minerals’s dividend payout ratio (DPR) is 15.17%.
In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 10,845 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $76.96, for a total transaction of $834,631.20. Following the transaction, the chief executive officer now owns 28,895 shares of the company’s stock, valued at approximately $2,223,759.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.57% of the stock is owned by insiders.
United States Lime & Minerals Company Profile
United States Lime & Minerals, Inc is a manufacturer of lime and limestone products. The Company’s segments include Lime and Limestone operations, and Natural gas interests. The Company, through its Lime and Limestone Operations, is a manufacturer of lime and limestone products, supplying primarily the construction, environmental (including municipal sanitation and water treatment facilities, and flue gas treatment processes), industrial, metals (including steel producers), roof shingle, oil and gas services, and agriculture (including poultry and cattle feed producers) industries.
Want to see what other hedge funds are holding USLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Lime & Minerals, Inc. (NASDAQ:USLM).
Receive News & Stock Ratings for United States Lime & Minerals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Lime & Minerals Inc. and related stocks with our FREE daily email newsletter.