Charles Schwab Investment Management Inc. Acquires 10,399 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Charles Schwab Investment Management Inc. grew its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 96,156 shares of the construction company's stock after purchasing an additional 10,399 shares during the period. Charles Schwab Investment Management Inc. owned about 0.34% of United States Lime & Minerals worth $12,764,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in USLM. Global Retirement Partners LLC bought a new stake in United States Lime & Minerals during the fourth quarter worth about $25,000. FMR LLC raised its stake in shares of United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after purchasing an additional 403 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of United States Lime & Minerals by 136.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock valued at $117,000 after buying an additional 510 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of United States Lime & Minerals by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock valued at $848,000 after acquiring an additional 546 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in United States Lime & Minerals by 114.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company's stock worth $158,000 after purchasing an additional 633 shares during the period. Institutional investors own 27.12% of the company's stock.

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United States Lime & Minerals Trading Down 3.9 %

NASDAQ USLM traded down $3.76 during trading on Tuesday, reaching $92.88. The company's stock had a trading volume of 85,676 shares, compared to its average volume of 101,048. The firm has a 50 day moving average price of $103.38 and a 200 day moving average price of $113.87. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of 24.48 and a beta of 0.90. United States Lime & Minerals, Inc. has a 12 month low of $57.32 and a 12 month high of $159.53.

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

Insider Activity at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, the director now owns 2,128 shares of the company's stock, valued at approximately $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.16% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a report on Friday, March 14th.

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.