Renaissance Technologies LLC Sells 15,700 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Renaissance Technologies LLC lowered its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 2.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 741,950 shares of the construction company's stock after selling 15,700 shares during the period. Renaissance Technologies LLC owned about 2.60% of United States Lime & Minerals worth $98,486,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Principal Financial Group Inc. raised its stake in United States Lime & Minerals by 537.3% during the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock worth $571,000 after acquiring an additional 4,927 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of United States Lime & Minerals by 422.7% during 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 during the last quarter. Franklin Resources Inc. increased its position in United States Lime & Minerals by 432.3% during the 3rd quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company's stock worth $612,000 after purchasing an additional 4,902 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in United States Lime & Minerals by 272.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,438 shares of the construction company's stock valued at $1,312,000 after purchasing an additional 9,834 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in United States Lime & Minerals by 330.6% in the third quarter. Janus Henderson Group PLC now owns 49,612 shares of the construction company's stock valued at $4,844,000 after buying an additional 38,091 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

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

United States Lime & Minerals Stock Up 3.3 %

United States Lime & Minerals stock traded up $3.03 during trading hours on Monday, hitting $94.66. The stock had a trading volume of 28,494 shares, compared to its average volume of 101,749. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 24.95 and a beta of 0.93. The business's 50 day simple moving average is $94.60 and its 200-day simple moving average is $113.95. United States Lime & Minerals, Inc. has a one year low of $57.70 and a one year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its earnings results on Monday, February 3rd. The construction company reported $0.94 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 disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were paid a $0.06 dividend. This is a boost from United States Lime & Minerals's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 annualized dividend and a dividend yield of 0.25%. United States Lime & Minerals's payout ratio is currently 6.33%.

Insider Activity at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction dated Monday, February 24th. The stock was 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 owns 2,128 shares of the company's stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.16% of the stock is currently owned by company insiders.

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.