Dimensional Fund Advisors LP Sells 56,292 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Dimensional Fund Advisors LP trimmed its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 845,753 shares of the construction company's stock after selling 56,292 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.96% of United States Lime & Minerals worth $112,270,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Barclays PLC lifted its holdings in shares of United States Lime & Minerals by 1,182.8% during the third quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after purchasing an additional 19,835 shares during the last quarter. Tidal Investments LLC bought a new position in shares of United States Lime & Minerals during the third quarter valued at $640,000. Franklin Resources Inc. grew its position in United States Lime & Minerals by 432.3% during 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 last quarter. Principal Financial Group Inc. increased its stake in United States Lime & Minerals by 537.3% during the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock valued at $571,000 after purchasing an additional 4,927 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in United States Lime & Minerals by 454.5% in the third quarter. JPMorgan Chase & Co. now owns 10,697 shares of the construction company's stock worth $1,045,000 after buying an additional 8,768 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at United States Lime & Minerals

In related news, Director Sandra C. Duhe sold 3,157 shares of United States Lime & Minerals stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the sale, the director now owns 2,128 shares of the company's stock, valued at $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.46% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of USLM stock traded up $1.79 during mid-day trading on Friday, hitting $99.79. The company's stock had a trading volume of 22,770 shares, compared to its average volume of 100,282. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of 26.20 and a beta of 0.97. United States Lime & Minerals, Inc. has a 52-week low of $63.09 and a 52-week high of $159.53. The business has a 50-day moving average price of $91.36 and a 200 day moving average price of $113.33.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The construction company reported $1.19 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%. The business had revenue of $91.25 million for the quarter.

United States Lime & Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 23rd will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.71%.

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.