Cadent Capital Advisors LLC Takes $1.83 Million Position in United States Lime & Minerals, Inc. $USLM

Cadent Capital Advisors LLC acquired a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,881 shares of the construction company’s stock, valued at approximately $1,826,000.

Other large investors have also recently bought and sold shares of the company. William Blair Investment Management LLC boosted its holdings in United States Lime & Minerals by 24.5% in the 2nd quarter. William Blair Investment Management LLC now owns 357,690 shares of the construction company’s stock valued at $35,697,000 after purchasing an additional 70,457 shares during the period. Select Equity Group L.P. raised its position in shares of United States Lime & Minerals by 4.8% during the second 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 last quarter. Geode Capital Management LLC lifted its stake in shares of United States Lime & Minerals by 2.8% in the second quarter. Geode Capital Management LLC now owns 333,677 shares of the construction company’s stock valued at $33,304,000 after buying an additional 9,136 shares during the period. Goldman Sachs Group Inc. grew its position in United States Lime & Minerals by 33.6% during the first quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock worth $25,938,000 after buying an additional 73,891 shares in the last quarter. Finally, Millennium Management LLC increased its stake in United States Lime & Minerals by 202.9% during the first quarter. Millennium Management LLC now owns 193,388 shares of the construction company’s stock valued at $17,092,000 after acquiring an additional 129,534 shares during the period. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded United States Lime & Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

United States Lime & Minerals Stock Performance

NASDAQ:USLM opened at $127.23 on Thursday. The company has a 50-day moving average of $123.43 and a 200-day moving average of $117.26. United States Lime & Minerals, Inc. has a 52 week low of $80.47 and a 52 week high of $138.51. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 27.96 and a beta of 0.96.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Wednesday, October 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.15. United States Lime & Minerals had a net margin of 35.83% and a return on equity of 23.82%.

United States Lime & Minerals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 21st were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. United States Lime & Minerals’s dividend payout ratio is presently 5.27%.

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.