Victory Capital Management Inc. Buys 3,081 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Victory Capital Management Inc. lifted its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,425 shares of the construction company's stock after purchasing an additional 3,081 shares during the quarter. Victory Capital Management Inc. owned 0.07% of United States Lime & Minerals worth $2,844,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its stake in United States Lime & Minerals by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 96,156 shares of the construction company's stock worth $12,764,000 after buying an additional 10,399 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of 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 worth $117,000 after acquiring an additional 510 shares in the last quarter. Jones Financial Companies Lllp increased its stake in United States Lime & Minerals by 114.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company's stock valued at $158,000 after acquiring an additional 633 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in United States Lime & Minerals during the fourth quarter valued at approximately $421,000. Finally, Delta Financial Group Inc. bought a new stake in United States Lime & Minerals during the fourth quarter worth $265,000. Institutional investors own 27.12% of the company's stock.

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United States Lime & Minerals Stock Down 1.2 %

Shares of USLM stock traded down $1.17 on Thursday, reaching $94.66. The company had a trading volume of 49,371 shares, compared to its average volume of 100,976. The business's 50-day moving average is $104.88 and its 200 day moving average is $113.26. United States Lime & Minerals, Inc. has a one year low of $57.32 and a one year high of $159.53. The stock has a market capitalization of $2.71 billion, a PE ratio of 25.02 and a beta of 0.90.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share (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 company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a dividend of $0.06 per share. This is an increase 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 annualized dividend and a dividend yield of 0.25%. United States Lime & Minerals's dividend payout ratio (DPR) is 6.33%.

Insiders Place Their Bets

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 directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.16% of the company's stock.

Wall Street Analysts Forecast Growth

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

About United States Lime & Minerals

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.