First Trust Advisors LP Sells 14,522 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

First Trust Advisors LP cut its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 16.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,834 shares of the construction company's stock after selling 14,522 shares during the period. First Trust Advisors LP owned approximately 0.26% of United States Lime & Minerals worth $9,933,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in USLM. Global Retirement Partners LLC bought a new stake in shares of United States Lime & Minerals in the 4th quarter valued at about $25,000. National Bank of Canada FI bought a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $72,000. Steward Partners Investment Advisory LLC lifted its position in United States Lime & Minerals by 136.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock valued at $117,000 after purchasing an additional 510 shares during the last quarter. AlphaQuest LLC purchased a new stake in shares of United States Lime & Minerals during the fourth quarter valued at approximately $146,000. Finally, Jones Financial Companies Lllp increased 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 buying an additional 633 shares during the period. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at United States Lime & Minerals

In related news, Director Sandra C. Duhe sold 3,157 shares of the business's 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 transaction, the director now owns 2,128 shares in the company, valued at $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.46% of the company's stock.

Wall Street Analyst Weigh In

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.

United States Lime & Minerals Stock Up 1.8 %

Shares of United States Lime & Minerals stock traded up $1.81 during trading on Friday, reaching $99.81. 98,401 shares of the stock were exchanged, compared to its average volume of 100,335. 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 $2.86 billion, a price-to-earnings ratio of 26.31 and a beta of 0.97. The stock's fifty day moving average is $91.45 and its 200 day moving average is $113.45.

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

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.