Diamond Hill Capital Management Inc. Lowers Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Diamond Hill Capital Management Inc. reduced its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 50.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,161 shares of the construction company's stock after selling 51,872 shares during the quarter. Diamond Hill Capital Management Inc. owned 0.18% of United States Lime & Minerals worth $6,791,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its holdings in United States Lime & Minerals by 202.6% in the third quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company's stock worth $47,845,000 after purchasing an additional 327,983 shares in the last quarter. Royce & Associates LP raised its holdings in United States Lime & Minerals by 322.3% in the third quarter. Royce & Associates LP now owns 352,200 shares of the construction company's stock worth $34,396,000 after purchasing an additional 268,800 shares in the last quarter. Geode Capital Management LLC raised its holdings in United States Lime & Minerals by 422.7% in the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock worth $30,089,000 after purchasing an additional 249,115 shares in the last quarter. State Street Corp raised its holdings in United States Lime & Minerals by 421.7% in the third quarter. State Street Corp now owns 242,826 shares of the construction company's stock worth $23,714,000 after purchasing an additional 196,277 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in United States Lime & Minerals by 417.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 85,757 shares of the construction company's stock worth $8,375,000 after purchasing an additional 69,191 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

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

Insider Transactions 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 stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.16% of the company's stock.

United States Lime & Minerals Price Performance

United States Lime & Minerals stock traded up $4.39 during trading hours on Wednesday, reaching $95.83. The stock had a trading volume of 101,207 shares, compared to its average volume of 101,424. United States Lime & Minerals, Inc. has a 52 week low of $57.32 and a 52 week high of $159.53. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 25.26 and a beta of 0.90. The business's 50 day moving average price is $105.35 and its 200-day moving average price is $113.38.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued 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. Stockholders of record on Friday, February 21st were paid 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 was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.25%. United States Lime & Minerals's 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.