Y Intercept Hong Kong Ltd Invests $421,000 in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Y Intercept Hong Kong Ltd purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,174 shares of the construction company's stock, valued at approximately $421,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in shares of United States Lime & Minerals during the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC lifted its position in United States Lime & Minerals by 900.0% during the third 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 holdings in shares of United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after purchasing an additional 288 shares during the period. FMR LLC increased its position in United States Lime & Minerals by 403.0% during the third quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after purchasing an additional 403 shares during the last quarter. Finally, Quantbot Technologies LP raised its stake in United States Lime & Minerals by 3,865.7% during the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company's stock worth $136,000 after purchasing an additional 1,353 shares during the period. 27.12% of the stock is currently owned by institutional investors and hedge funds.

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United States Lime & Minerals Trading Down 1.3 %

United States Lime & Minerals stock traded down $1.16 during mid-day trading on Thursday, hitting $90.78. The company's stock had a trading volume of 28,614 shares, compared to its average volume of 126,039. United States Lime & Minerals, Inc. has a 1 year low of $55.00 and a 1 year high of $159.53. The firm has a market capitalization of $2.60 billion, a PE ratio of 23.93 and a beta of 0.91. The stock's fifty day moving average is $112.19 and its two-hundred day moving average is $112.42.

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 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a $0.06 dividend. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals's dividend payout ratio is currently 6.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Monday.

Insider Buying and Selling

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the company's stock in a transaction 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 in the company, valued at $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.16% of the stock is currently owned by corporate insiders.

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.