Royce & Associates LP Sells 84,700 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Royce & Associates LP reduced its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 24.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 267,500 shares of the construction company's stock after selling 84,700 shares during the quarter. Royce & Associates LP owned approximately 0.94% of United States Lime & Minerals worth $35,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in United States Lime & Minerals in the 4th quarter worth $25,000. Farther Finance Advisors LLC raised its stake in United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock valued at $30,000 after purchasing an additional 279 shares during the period. Amalgamated Bank lifted 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 worth $35,000 after purchasing an additional 288 shares in the last quarter. FMR LLC boosted its stake in United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after purchasing an additional 403 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its holdings in United States Lime & Minerals by 136.0% during the 4th 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 hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research report on Friday, March 14th.

Insider Activity at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the sale, the director now directly owns 2,128 shares in the company, valued at $201,330.08. The trade was a 59.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.16% of the stock is owned by insiders.

United States Lime & Minerals Price Performance

Shares of United States Lime & Minerals stock traded down $1.49 during trading on Thursday, reaching $94.34. 77,050 shares of the stock traded hands, compared to its average volume of 101,047. United States Lime & Minerals, Inc. has a 52-week low of $57.32 and a 52-week high of $159.53. The business has a fifty day simple moving average of $104.88 and a two-hundred day simple moving average of $113.26. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 24.87 and a beta of 0.90.

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 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. Investors of record on Friday, February 21st were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.25%. 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 currently 6.33%.

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.