Alliancebernstein L.P. Raises Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Alliancebernstein L.P. increased its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 252.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,890 shares of the construction company's stock after purchasing an additional 22,840 shares during the period. Alliancebernstein L.P. owned approximately 0.11% of United States Lime & Minerals worth $4,233,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals in the fourth quarter valued at $25,000. FMR LLC boosted its stake in United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after purchasing an additional 403 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in 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 purchasing an additional 510 shares in the last quarter. AlphaQuest LLC bought a new stake in United States Lime & Minerals during the 4th quarter worth approximately $146,000. Finally, Jones Financial Companies Lllp raised its stake in shares of 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 worth $158,000 after purchasing an additional 633 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors.

United States Lime & Minerals Price Performance

Shares of NASDAQ USLM traded down $0.91 during trading on Friday, hitting $90.85. The stock had a trading volume of 68,331 shares, compared to its average volume of 101,110. United States Lime & Minerals, Inc. has a 12 month low of $58.28 and a 12 month high of $159.53. The company has a market capitalization of $2.60 billion, a PE ratio of 23.95 and a beta of 0.93. The firm has a fifty day moving average of $93.03 and a two-hundred day moving average of $113.57.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its earnings results on Monday, February 3rd. The construction company reported $0.94 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a 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 6.33%.

Analyst Ratings Changes

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

Insider Activity

In related news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the transaction, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing 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 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.