Harvest Investment Services LLC Acquires Shares of 5,071 United States Lime & Minerals, Inc. (NASDAQ:USLM)

Harvest Investment Services LLC bought a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,071 shares of the construction company's stock, valued at approximately $673,000.

Other large investors also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after buying an additional 403 shares during the last quarter. Stifel Financial Corp lifted its holdings in United States Lime & Minerals by 309.6% in the 3rd quarter. Stifel Financial Corp now owns 7,233 shares of the construction company's stock valued at $706,000 after purchasing an additional 5,467 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of United States Lime & Minerals by 356.8% during the third quarter. Jane Street Group LLC now owns 19,802 shares of the construction company's stock worth $1,934,000 after buying an additional 15,467 shares in the last quarter. Barclays PLC raised its position in shares of United States Lime & Minerals by 1,182.8% in the third quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after buying an additional 19,835 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in United States Lime & Minerals by 422.7% during the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock worth $30,089,000 after acquiring an additional 249,115 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Wednesday, April 2nd.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were 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 of the company's stock, valued at approximately $201,330.08. This trade 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 can be accessed through this link. Insiders own 1.46% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of NASDAQ USLM traded down $0.43 during midday trading on Monday, reaching $91.98. 23,385 shares of the stock were exchanged, compared to its average volume of 100,664. United States Lime & Minerals, Inc. has a twelve month low of $61.08 and a twelve month high of $159.53. The stock has a market capitalization of $2.63 billion, a P/E ratio of 24.23 and a beta of 0.93. The company has a 50 day simple moving average of $91.67 and a 200 day simple moving average of $113.69.

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 net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a $0.06 dividend. This is a boost 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 yield of 0.26%. United States Lime & Minerals's dividend payout ratio (DPR) is 6.33%.

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.