6,459 Shares in United States Lime & Minerals, Inc. $USLM Acquired by Ellsworth Advisors LLC

Ellsworth Advisors LLC bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 6,459 shares of the construction company’s stock, valued at approximately $848,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of 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 period. Select Equity Group L.P. raised its holdings in shares of United States Lime & Minerals by 4.8% in the 2nd quarter. Select Equity Group L.P. now owns 356,190 shares of the construction company’s stock valued at $35,548,000 after buying an additional 16,404 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of United States Lime & Minerals by 33.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock valued at $25,938,000 after buying an additional 73,891 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in United States Lime & Minerals by 1.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 244,063 shares of the construction company’s stock worth $32,106,000 after acquiring an additional 4,495 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in United States Lime & Minerals by 8.2% during the 3rd quarter. First Trust Advisors LP now owns 208,756 shares of the construction company’s stock worth $27,462,000 after acquiring an additional 15,887 shares in the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Up 4.0%

NASDAQ:USLM opened at $135.81 on Thursday. United States Lime & Minerals, Inc. has a 52 week low of $80.47 and a 52 week high of $137.96. The company has a fifty day simple moving average of $118.19 and a two-hundred day simple moving average of $122.75. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 29.08 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last released its earnings results on Monday, February 2nd. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.07). United States Lime & Minerals had a net margin of 36.03% and a return on equity of 23.07%. The company had revenue of $87.94 million during the quarter, compared to analysts’ expectations of $97.00 million.

United States Lime & Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 20th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 20th. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.14%.

Wall Street Analysts Forecast Growth

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

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.