55,931 Shares in United States Lime & Minerals, Inc. $USLM Bought by Congruence Capital LLC

Congruence Capital LLC bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 55,931 shares of the construction company’s stock, valued at approximately $6,697,000. United States Lime & Minerals comprises about 2.5% of Congruence Capital LLC’s portfolio, making the stock its 16th biggest holding. Congruence Capital LLC owned 0.20% of United States Lime & Minerals as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB boosted its holdings in United States Lime & Minerals by 3.3% in the fourth quarter. Handelsbanken Fonder AB now owns 3,100 shares of the construction company’s stock valued at $371,000 after acquiring an additional 100 shares during the last quarter. ProShare Advisors LLC boosted its holdings in United States Lime & Minerals by 6.8% in the fourth quarter. ProShare Advisors LLC now owns 1,979 shares of the construction company’s stock valued at $237,000 after acquiring an additional 126 shares during the last quarter. Comerica Bank boosted its holdings in United States Lime & Minerals by 28.6% in the fourth quarter. Comerica Bank now owns 827 shares of the construction company’s stock valued at $99,000 after acquiring an additional 184 shares during the last quarter. Aviva PLC boosted its holdings in United States Lime & Minerals by 4.9% in the fourth quarter. Aviva PLC now owns 4,025 shares of the construction company’s stock valued at $482,000 after acquiring an additional 188 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in United States Lime & Minerals by 0.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 47,381 shares of the construction company’s stock valued at $5,673,000 after acquiring an additional 196 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Wall Street Analysts Forecast Growth

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

United States Lime & Minerals Price Performance

NASDAQ:USLM opened at $108.39 on Friday. The business’s 50-day moving average is $117.99 and its two-hundred day moving average is $120.28. 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 $3.11 billion, a PE ratio of 23.87 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 was paid on Friday, June 12th. Stockholders of record on Friday, May 22nd were 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 was Friday, May 22nd. United States Lime & Minerals’s payout ratio is presently 5.29%.

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.