United States Lime & Minerals, Inc. $USLM Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 272,857 shares of the construction company’s stock after selling 60,243 shares during the quarter. William Blair Investment Management LLC owned about 0.95% of United States Lime & Minerals worth $32,672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in USLM. Global Retirement Partners LLC purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth $29,000. Quarry LP purchased a new position in shares of United States Lime & Minerals in the 3rd quarter worth $33,000. Amica Retiree Medical Trust raised its position in shares of United States Lime & Minerals by 413.8% in the 3rd quarter. Amica Retiree Medical Trust now owns 334 shares of the construction company’s stock worth $44,000 after buying an additional 269 shares during the period. PNC Financial Services Group Inc. raised its position in shares of United States Lime & Minerals by 54,900.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 550 shares of the construction company’s stock worth $72,000 after buying an additional 549 shares during the period. Finally, Comerica Bank purchased a new position in shares of United States Lime & Minerals in the 3rd quarter worth $85,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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, Based on data from MarketBeat, United States Lime & Minerals presently has a consensus rating of “Buy”.

United States Lime & Minerals Price Performance

NASDAQ:USLM opened at $106.04 on Monday. The business’s 50-day moving average is $122.63 and its two-hundred day moving average is $121.27. United States Lime & Minerals, Inc. has a 12 month low of $94.02 and a 12 month high of $141.43. The firm has a market capitalization of $3.04 billion, a PE ratio of 23.36 and a beta of 0.70.

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

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be given 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 is Friday, May 22nd. United States Lime & Minerals’s payout ratio is presently 5.29%.

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.