Vanguard Group Inc. raised its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 714,224 shares of the construction company's stock after buying an additional 10,614 shares during the quarter. Vanguard Group Inc. owned about 2.50% of United States Lime & Minerals worth $94,806,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of USLM. Principal Financial Group Inc. raised its holdings in shares of United States Lime & Minerals by 537.3% during the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock worth $571,000 after acquiring an additional 4,927 shares during the period. Geode Capital Management LLC increased its holdings in United States Lime & Minerals by 422.7% during the 3rd 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. Franklin Resources Inc. raised its stake in shares of United States Lime & Minerals by 432.3% in the 3rd quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company's stock valued at $612,000 after purchasing an additional 4,902 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of United States Lime & Minerals by 272.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,438 shares of the construction company's stock valued at $1,312,000 after purchasing an additional 9,834 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of United States Lime & Minerals by 330.6% during the third quarter. Janus Henderson Group PLC now owns 49,612 shares of the construction company's stock worth $4,844,000 after buying an additional 38,091 shares during the period. Institutional investors own 27.12% of the company's stock.
United States Lime & Minerals Stock Performance
United States Lime & Minerals stock traded down $0.53 during mid-day trading on Tuesday, reaching $92.57. The company's stock had a trading volume of 7,687 shares, compared to its average volume of 115,831. The business's 50 day simple moving average is $94.23 and its 200 day simple moving average is $113.94. United States Lime & Minerals, Inc. has a 12 month low of $57.86 and a 12 month high of $159.53. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.93.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (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 was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Friday, February 21st. This is an increase from United States Lime & Minerals's previous quarterly dividend of $0.05. United States Lime & Minerals's dividend payout ratio is presently 6.33%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Wednesday, April 2nd.
Get Our Latest Stock Analysis on United States Lime & Minerals
Insider Activity at United States Lime & Minerals
In other news, Director Sandra C. Duhe sold 3,157 shares of the company'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 of the company's stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.16% of the stock is owned by company insiders.
United States Lime & Minerals Company 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.
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