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

North Star Investment Management Corp. lowered its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 15.6% in the first quarter, HoldingsChannel reports. The fund owned 32,550 shares of the construction company’s stock after selling 6,000 shares during the period. North Star Investment Management Corp.’s holdings in United States Lime & Minerals were worth $4,251,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Global Retirement Partners LLC bought a new stake in shares of United States Lime & Minerals in the fourth quarter worth $29,000. Quarry LP bought a new position in United States Lime & Minerals in the third quarter valued at $33,000. Empowered Funds LLC acquired a new stake in United States Lime & Minerals in the 4th quarter valued at $42,000. PNC Financial Services Group Inc. increased its stake in 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 valued at $72,000 after buying an additional 549 shares during the last quarter. Finally, Comerica Bank bought a new stake in United States Lime & Minerals during the 3rd quarter worth about $85,000. 27.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

United States Lime & Minerals Price Performance

USLM stock opened at $106.34 on Monday. The company has a market cap of $3.05 billion, a price-to-earnings 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 business has a 50 day moving average price of $112.83 and a two-hundred day moving average price of $119.51.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $1.06 earnings per share (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 the consensus estimate 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 Announces Dividend

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