EntryPoint Capital LLC Acquires Shares of 3,154 United States Lime & Minerals, Inc. (NASDAQ:USLM)

EntryPoint Capital LLC acquired 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 acquired 3,154 shares of the construction company's stock, valued at approximately $419,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of United States Lime & Minerals by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company's stock worth $94,806,000 after acquiring an additional 10,614 shares during the period. Geode Capital Management LLC increased its stake in shares of United States Lime & Minerals by 422.7% in the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock valued at $30,089,000 after purchasing an additional 249,115 shares in the last quarter. State Street Corp raised its holdings in United States Lime & Minerals by 421.7% in the 3rd 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. Charles Schwab Investment Management Inc. boosted its position in United States Lime & Minerals by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 96,156 shares of the construction company's stock worth $12,764,000 after purchasing an additional 10,399 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in United States Lime & Minerals by 1.9% in the fourth quarter. American Century Companies Inc. now owns 71,600 shares of the construction company's stock valued at $9,504,000 after purchasing an additional 1,332 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

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United States Lime & Minerals Trading Down 1.1 %

USLM traded down $1.02 during midday trading on Friday, hitting $89.11. 63,796 shares of the company traded hands, compared to its average volume of 103,821. The business has a 50 day simple moving average of $100.85 and a two-hundred day simple moving average of $114.00. United States Lime & Minerals, Inc. has a 52-week low of $57.32 and a 52-week high of $159.53. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 23.49 and a beta of 0.90.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued 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 net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.27%. The ex-dividend date was Friday, February 21st. This is a boost from United States Lime & Minerals's previous quarterly dividend of $0.05. United States Lime & Minerals's payout ratio is 6.33%.

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the sale, the director now owns 2,128 shares of the company's stock, valued at $201,330.08. This trade represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.16% of the company's stock.

Analyst Upgrades and Downgrades

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