Geode Capital Management LLC Has $41.76 Million Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Geode Capital Management LLC increased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 314,531 shares of the construction company's stock after acquiring an additional 6,482 shares during the quarter. Geode Capital Management LLC owned about 1.10% of United States Lime & Minerals worth $41,759,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new position in United States Lime & Minerals during the fourth quarter worth about $25,000. FMR LLC grew its holdings in United States Lime & Minerals by 403.0% during the third quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after purchasing an additional 403 shares during the period. National Bank of Canada FI bought a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $72,000. Steward Partners Investment Advisory LLC raised its holdings in United States Lime & Minerals by 136.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock worth $117,000 after purchasing an additional 510 shares during the period. Finally, AlphaQuest LLC bought a new position in shares of United States Lime & Minerals during the fourth quarter worth $146,000. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Stock Performance

USLM stock traded down $0.91 during mid-day trading on Friday, hitting $90.85. 68,331 shares of the company were exchanged, compared to its average volume of 101,313. The firm has a market cap of $2.60 billion, a P/E ratio of 23.95 and a beta of 0.93. United States Lime & Minerals, Inc. has a 1-year low of $58.28 and a 1-year high of $159.53. The firm's 50 day simple moving average is $93.28 and its 200 day simple moving average is $113.59.

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 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a $0.06 dividend. 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 yield of 0.26%. The ex-dividend date was Friday, February 21st. United States Lime & Minerals's payout ratio is presently 6.33%.

Insiders Place Their Bets

In other news, Director Sandra C. Duhe sold 3,157 shares of the company's stock in a transaction that occurred 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 sale, the director now owns 2,128 shares in the company, valued at $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.46% of the company's stock.

Analysts Set New Price Targets

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

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.