North Star Investment Management Corp. Sells 6,000 Shares of United States Lime & Minerals, Inc. $USLM

North Star Investment Management Corp. cut its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 15.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,550 shares of the construction company’s stock after selling 6,000 shares during the period. North Star Investment Management Corp. owned about 0.11% of United States Lime & Minerals worth $4,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USLM. SG Americas Securities LLC increased its position 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 valued at $971,000 after buying an additional 176 shares in the last quarter. Thompson Davis & CO. Inc. bought a new position in United States Lime & Minerals during the first quarter worth about $206,000. Hsbc Holdings PLC lifted its holdings in United States Lime & Minerals by 17.3% during the fourth quarter. Hsbc Holdings PLC now owns 8,472 shares of the construction company’s stock worth $1,017,000 after acquiring an additional 1,247 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in United States Lime & Minerals by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 326,142 shares of the construction company’s stock valued at $39,053,000 after acquiring an additional 10,828 shares during the period. Finally, Vident Advisory LLC grew its stake in United States Lime & Minerals by 7.8% in the fourth quarter. Vident Advisory LLC now owns 22,992 shares of the construction company’s stock valued at $2,753,000 after acquiring an additional 1,672 shares during the period. 27.12% of the stock is owned by institutional investors.

United States Lime & Minerals Price Performance

United States Lime & Minerals stock opened at $106.34 on Monday. The stock has a market capitalization of $3.05 billion, a PE ratio of 23.42 and a beta of 0.70. United States Lime & Minerals, Inc. has a twelve month low of $94.76 and a twelve month high of $141.43. The company has a 50 day moving average of $112.83 and a 200-day moving average of $119.51.

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

United States Lime & Minerals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 22nd were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. United States Lime & Minerals’s dividend payout ratio (DPR) is currently 5.29%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of United States Lime & Minerals in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock 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.