Allspring Global Investments Holdings LLC Purchases 4,174 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Allspring Global Investments Holdings LLC increased its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 8,695.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,222 shares of the construction company's stock after buying an additional 4,174 shares during the period. Allspring Global Investments Holdings LLC's holdings in United States Lime & Minerals were worth $560,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in USLM. Farther Finance Advisors LLC grew its stake in United States Lime & Minerals by 900.0% in the 3rd 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 acquiring an additional 288 shares in the last quarter. FMR LLC increased its stake in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after acquiring an additional 403 shares during the last quarter. Quantbot Technologies LP increased its holdings in shares of United States Lime & Minerals by 3,865.7% in the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company's stock worth $136,000 after buying an additional 1,353 shares during the period. Finally, Stonegate Investment Group LLC purchased a new stake in United States Lime & Minerals during the 4th quarter valued at about $234,000. Institutional investors own 27.12% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com cut United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

Insiders Place Their Bets

In other news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the transaction, the director now directly owns 2,128 shares of the company's stock, valued at approximately $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a 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

NASDAQ:USLM traded up $1.88 during midday trading on Friday, reaching $93.85. 92,633 shares of the stock traded hands, compared to its average volume of 130,146. The stock has a market capitalization of $2.68 billion, a P/E ratio of 24.74 and a beta of 0.91. The company has a fifty day moving average of $115.68 and a 200 day moving average of $111.72. United States Lime & Minerals, Inc. has a 12 month low of $50.53 and a 12 month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data 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 declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a dividend of $0.06 per share. This is a positive change 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 dividend on an annualized basis and a yield of 0.26%. United States Lime & Minerals's dividend payout ratio is presently 6.33%.

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.