Bank of America Corp DE Buys 12,348 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Bank of America Corp DE raised its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 142.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,039 shares of the construction company's stock after acquiring an additional 12,348 shares during the quarter. Bank of America Corp DE owned about 0.07% of United States Lime & Minerals worth $2,793,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Barclays PLC boosted its position in 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 acquiring an additional 19,835 shares during the last quarter. Principal Financial Group Inc. lifted its position in United States Lime & Minerals by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock valued at $848,000 after acquiring an additional 546 shares in the last quarter. Victory Capital Management Inc. lifted its position in United States Lime & Minerals by 16.8% in the 4th quarter. Victory Capital Management Inc. now owns 21,425 shares of the construction company's stock valued at $2,844,000 after acquiring an additional 3,081 shares in the last quarter. Wells Fargo & Company MN lifted its position in United States Lime & Minerals by 135.5% in the 4th quarter. Wells Fargo & Company MN now owns 7,989 shares of the construction company's stock valued at $1,061,000 after acquiring an additional 4,597 shares in the last quarter. Finally, Handelsbanken Fonder AB bought a new position in United States Lime & Minerals in the 4th quarter valued at about $279,000. Institutional investors own 27.12% of the company's stock.

Wall Street Analyst Weigh In

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

United States Lime & Minerals Stock Down 0.9%

NASDAQ:USLM traded down $1.00 during trading hours on Thursday, hitting $104.82. 3,736 shares of the company traded hands, compared to its average volume of 97,186. The firm's 50-day simple moving average is $96.35 and its 200-day simple moving average is $110.80. United States Lime & Minerals, Inc. has a one year low of $64.25 and a one year high of $159.53. The company has a market cap of $3.00 billion, a PE ratio of 27.65 and a beta of 0.97.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 earnings per share for the quarter. The business had revenue of $91.25 million for 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio is currently 5.71%.

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.