SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,994 shares of the construction company's stock, valued at approximately $1,061,000. United States Lime & Minerals accounts for about 1.0% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co's investment portfolio, making the stock its 23rd biggest position.
A number of other large investors also recently modified their holdings of USLM. Thrivent Financial for Lutherans grew its holdings in shares of United States Lime & Minerals by 202.6% during the third quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company's stock valued at $47,845,000 after buying an additional 327,983 shares during the last quarter. Royce & Associates LP lifted its position in United States Lime & Minerals by 322.3% in the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company's stock valued at $34,396,000 after acquiring an additional 268,800 shares in the last quarter. Geode Capital Management LLC lifted its position in United States Lime & Minerals by 422.7% in the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock valued at $30,089,000 after acquiring an additional 249,115 shares in the last quarter. State Street Corp boosted its stake in United States Lime & Minerals by 421.7% during the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company's stock valued at $23,714,000 after purchasing an additional 196,277 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. increased its holdings in United States Lime & Minerals by 352.0% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company's stock worth $10,062,000 after purchasing an additional 80,237 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd.
Check Out Our Latest Stock Analysis on United States Lime & Minerals
United States Lime & Minerals Price Performance
USLM opened at $88.07 on Wednesday. The firm's fifty day moving average price is $108.45 and its two-hundred day moving average price is $112.94. The company has a market capitalization 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 1 year low of $57.32 and a 1 year 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 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 declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a dividend of $0.06 per share. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Friday, February 21st. United States Lime & Minerals's dividend payout ratio (DPR) is 6.33%.
Insider Buying and Selling
In related news, Director Sandra C. Duhe sold 3,157 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the sale, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. This trade represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 2.16% of the stock is currently owned by corporate insiders.
United States Lime & Minerals Profile
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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.
See Also
Want to see what other hedge funds are holding USLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report).
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