Comprehensive Financial Planning Inc. PA Acquires New Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Comprehensive Financial Planning Inc. PA bought a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,489 shares of the construction company's stock, valued at approximately $330,000.

A number of other large investors also recently made changes to their positions in USLM. Thrivent Financial for Lutherans increased its stake in shares of United States Lime & Minerals by 202.6% during the third quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company's stock worth $47,845,000 after purchasing an additional 327,983 shares during the period. Royce & Associates LP increased its stake in shares of United States Lime & Minerals by 322.3% during the third quarter. Royce & Associates LP now owns 352,200 shares of the construction company's stock worth $34,396,000 after purchasing an additional 268,800 shares during the period. Geode Capital Management LLC increased its stake in shares of United States Lime & Minerals by 422.7% during the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock worth $30,089,000 after purchasing an additional 249,115 shares during the period. State Street Corp increased its stake in shares of United States Lime & Minerals by 421.7% during the third quarter. State Street Corp now owns 242,826 shares of the construction company's stock worth $23,714,000 after purchasing an additional 196,277 shares during the period. Finally, Diamond Hill Capital Management Inc. increased its stake in shares of United States Lime & Minerals by 352.0% during the third quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company's stock worth $10,062,000 after purchasing an additional 80,237 shares during the period. Institutional investors own 27.12% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Thursday.

Insiders Place Their Bets

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the firm's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the sale, the chief executive officer now owns 125,004 shares of the company's stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.16% of the company's stock.

United States Lime & Minerals Price Performance

United States Lime & Minerals stock traded up $0.18 during mid-day trading on Thursday, reaching $102.67. 98,787 shares of the company were exchanged, compared to its average volume of 138,393. The company has a fifty day simple moving average of $125.51 and a 200-day simple moving average of $110.25. United States Lime & Minerals, Inc. has a 12 month low of $49.02 and a 12 month high of $159.53. The firm has a market cap of $2.94 billion, a PE ratio of 27.06 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Friday, February 21st. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. United States Lime & Minerals's dividend payout ratio (DPR) is 5.27%.

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.