Janus Henderson Group PLC Increases Stake in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Janus Henderson Group PLC lifted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 13.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 56,180 shares of the construction company's stock after acquiring an additional 6,568 shares during the period. Janus Henderson Group PLC owned approximately 0.20% of United States Lime & Minerals worth $7,458,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Deutsche Bank AG boosted its position in United States Lime & Minerals by 59.4% in the fourth quarter. Deutsche Bank AG now owns 9,747 shares of the construction company's stock valued at $1,294,000 after buying an additional 3,632 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $1,126,000. Bank of America Corp DE boosted its position in United States Lime & Minerals by 142.1% in the fourth quarter. Bank of America Corp DE now owns 21,039 shares of the construction company's stock valued at $2,793,000 after buying an additional 12,348 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $235,000. Finally, Algert Global LLC boosted its position in United States Lime & Minerals by 425.0% in the fourth quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock valued at $5,331,000 after buying an additional 32,510 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Price Performance

NASDAQ:USLM traded up $0.07 during trading hours on Wednesday, reaching $104.29. The company had a trading volume of 79,165 shares, compared to its average volume of 97,024. United States Lime & Minerals, Inc. has a 1-year low of $64.25 and a 1-year high of $159.53. The firm has a market cap of $2.99 billion, a PE ratio of 27.49 and a beta of 0.97. The business's 50 day moving average price is $93.89 and its 200-day moving average price is $113.03.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share for the quarter. The business had revenue of $91.25 million during the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. United States Lime & Minerals's payout ratio is 5.71%.

Wall Street Analysts Forecast Growth

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

Insider Transactions at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 2,128 shares of the company's stock, valued at $201,330.08. This represents a 59.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.46% of the company's stock.

United States Lime & Minerals Company 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.