United States Lime & Minerals, Inc. $USLM Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL trimmed its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 62.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,967 shares of the construction company’s stock after selling 41,349 shares during the period. Tudor Investment Corp ET AL’s holdings in United States Lime & Minerals were worth $3,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in United States Lime & Minerals by 4.7% in the third quarter. Vanguard Group Inc. now owns 868,196 shares of the construction company’s stock worth $114,211,000 after acquiring an additional 38,765 shares in the last quarter. Select Equity Group L.P. boosted its position in shares of United States Lime & Minerals by 4.8% during the 2nd quarter. Select Equity Group L.P. now owns 356,190 shares of the construction company’s stock worth $35,548,000 after purchasing an additional 16,404 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of United States Lime & Minerals by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 333,677 shares of the construction company’s stock worth $33,304,000 after purchasing an additional 9,136 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of United States Lime & Minerals by 33.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock worth $25,938,000 after purchasing an additional 73,891 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of United States Lime & Minerals by 1.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 244,063 shares of the construction company’s stock valued at $32,106,000 after purchasing an additional 4,495 shares in the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

United States Lime & Minerals Stock Performance

USLM opened at $125.06 on Friday. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 26.78 and a beta of 0.98. United States Lime & Minerals, Inc. has a one year low of $80.47 and a one year high of $137.96. The business’s fifty day moving average is $118.22 and its two-hundred day moving average is $122.66.

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

United States Lime & Minerals Dividend Announcement

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

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 report on Monday, March 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, United States Lime & Minerals currently has a consensus rating of “Buy”.

United States Lime & Minerals Company 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.