Inceptionr LLC bought a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,165 shares of the construction company's stock, valued at approximately $553,000.
A number of other hedge funds have also recently bought and sold shares of USLM. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals during the 4th quarter valued at about $25,000. Farther Finance Advisors LLC boosted its holdings in United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after buying an additional 279 shares in the last quarter. Amalgamated Bank grew its position in United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock worth $35,000 after buying an additional 288 shares during the last quarter. FMR LLC grew its position in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after buying an additional 403 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of 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 valued at $117,000 after buying an additional 510 shares in the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at United States Lime & Minerals
In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.16% of the stock is currently owned by insiders.
United States Lime & Minerals Stock Performance
USLM traded up $2.90 during trading on Tuesday, reaching $88.07. The company had a trading volume of 112,007 shares, compared to its average volume of 128,014. The firm's 50-day simple moving average is $109.35 and its 200 day simple moving average is $112.89. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 23.21 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 released its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) 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 will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.27%. 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 is presently 6.33%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd.
Check Out Our Latest Stock Report on United States Lime & Minerals
About United States Lime & Minerals
(
Free Report)
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.
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