Rhumbline Advisers Has $2.47 Million Stock Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Rhumbline Advisers boosted its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 21.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,632 shares of the construction company's stock after purchasing an additional 3,306 shares during the quarter. Rhumbline Advisers owned 0.07% of United States Lime & Minerals worth $2,473,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in shares of United States Lime & Minerals by 900.0% in the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after purchasing an additional 279 shares during the period. Amalgamated Bank increased its holdings in United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after buying an additional 288 shares during the period. FMR LLC increased its holdings in United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after buying an additional 403 shares during the period. Quantbot Technologies LP raised its position in shares of United States Lime & Minerals by 3,865.7% in the 3rd quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company's stock valued at $136,000 after buying an additional 1,353 shares in the last quarter. Finally, Townsquare Capital LLC bought a new stake in shares of United States Lime & Minerals during the 3rd quarter worth approximately $204,000. Institutional investors own 27.12% of the company's stock.

Remove Ads

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction on 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 transaction, the director now directly owns 2,128 shares in the company, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.16% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock traded down $1.61 during trading on Thursday, reaching $90.32. 89,255 shares of the company's stock were exchanged, compared to its average volume of 127,532. United States Lime & Minerals, Inc. has a 1-year low of $55.00 and a 1-year high of $159.53. The company has a market cap of $2.58 billion, a P/E ratio of 23.81 and a beta of 0.91. The firm's 50-day moving average price is $111.24 and its 200 day moving average price is $112.27.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be paid a $0.06 dividend. This is an increase from United States Lime & Minerals's previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 0.27%. United States Lime & Minerals's dividend payout ratio is presently 6.33%.

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 research report on Monday.

United States Lime & Minerals Company 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.