Squarepoint Ops LLC acquired a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,516 shares of the construction company's stock, valued at approximately $334,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of United States Lime & Minerals by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company's stock valued at $94,806,000 after purchasing an additional 10,614 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in United States Lime & Minerals by 6.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock worth $67,372,000 after buying an additional 28,947 shares in the last quarter. Select Equity Group L.P. grew its position in shares of United States Lime & Minerals by 46.3% in the fourth quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock valued at $43,586,000 after purchasing an additional 103,948 shares in the last quarter. Geode Capital Management LLC grew its position in shares of United States Lime & Minerals by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 314,531 shares of the construction company's stock valued at $41,759,000 after purchasing an additional 6,482 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in United States Lime & Minerals by 4.7% in the fourth quarter. Invesco Ltd. now owns 200,942 shares of the construction company's stock valued at $26,673,000 after acquiring an additional 8,967 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company's stock.
United States Lime & Minerals Stock Performance
Shares of USLM stock opened at $106.33 on Friday. The stock's 50-day moving average is $96.71 and its two-hundred day moving average is $110.54. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 28.03 and a beta of 0.97. United States Lime & Minerals, Inc. has a 1 year low of $64.25 and a 1 year high of $159.53.
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 net margin of 34.27% and a return on equity of 24.55%.
United States Lime & Minerals Announces Dividend
The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.23%. United States Lime & Minerals's dividend payout ratio (DPR) is 5.71%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd.
Check Out Our Latest Stock Analysis on USLM
United States Lime & Minerals Company Profile
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Free Report)
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.
See Also
Want to see what other hedge funds are holding USLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report).
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