Harvest Investment Services LLC Makes New $673,000 Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Harvest Investment Services LLC purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,071 shares of the construction company's stock, valued at approximately $673,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $25,000. Sound View Wealth Advisors Group LLC increased its holdings in shares of United States Lime & Minerals by 3.8% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company's stock worth $733,000 after buying an additional 200 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of United States Lime & Minerals by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 6,473 shares of the construction company's stock valued at $859,000 after buying an additional 353 shares during the period. Townsquare Capital LLC lifted its holdings in United States Lime & Minerals by 18.8% in the fourth quarter. Townsquare Capital LLC now owns 2,479 shares of the construction company's stock valued at $329,000 after acquiring an additional 393 shares during the last quarter. Finally, FMR LLC grew its position in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after acquiring an additional 403 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd.

Insider Transactions at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the transaction, the director now owns 2,128 shares in the company, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.46% of the company's stock.

United States Lime & Minerals Trading Down 2.2 %

USLM traded down $2.04 during trading hours on Friday, hitting $92.40. 66,237 shares of the company's stock were exchanged, compared to its average volume of 100,739. The firm has a market cap of $2.64 billion, a P/E ratio of 24.35 and a beta of 0.93. United States Lime & Minerals, Inc. has a 12-month low of $60.00 and a 12-month high of $159.53. The firm has a 50 day moving average of $91.67 and a 200 day moving average of $113.47.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.26%. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. United States Lime & Minerals's payout ratio is presently 6.33%.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.