Arrowstreet Capital Limited Partnership Purchases 19,095 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Arrowstreet Capital Limited Partnership grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 461.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,234 shares of the construction company's stock after buying an additional 19,095 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.08% of United States Lime & Minerals worth $3,084,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC acquired a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $306,000. Norges Bank bought a new position in United States Lime & Minerals in the fourth quarter valued at approximately $2,496,000. JPMorgan Chase & Co. increased its position in shares of United States Lime & Minerals by 486.5% during the 4th quarter. JPMorgan Chase & Co. now owns 62,736 shares of the construction company's stock worth $8,328,000 after purchasing an additional 52,039 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of United States Lime & Minerals during the 4th quarter worth approximately $450,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at approximately $419,000. 27.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Wednesday, April 2nd.

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United States Lime & Minerals Trading Down 0.6 %

Shares of United States Lime & Minerals stock traded down $0.53 during trading on Tuesday, hitting $92.57. 7,687 shares of the stock were exchanged, compared to its average volume of 115,831. The company has a fifty day moving average price of $94.23 and a 200-day moving average price of $113.94. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.93. United States Lime & Minerals, Inc. has a 1-year low of $57.86 and a 1-year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a dividend of $0.06 per share. This is an increase from United States Lime & Minerals's previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 0.26%. United States Lime & Minerals's dividend payout ratio (DPR) is currently 6.33%.

Insiders Place Their Bets

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 transaction, the director now directly owns 2,128 shares of the company's stock, valued at $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.16% of the company's stock.

United States Lime & Minerals Profile

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.