Vanguard Group Inc. Has $20.32 Million Stock Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Vanguard Group Inc. increased its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,081 shares of the construction company's stock after buying an additional 5,907 shares during the period. Vanguard Group Inc. owned 1.77% of United States Lime & Minerals worth $20,317,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USLM. BNP Paribas Arbitrage SA lifted its position in shares of United States Lime & Minerals by 150.5% in the second quarter. BNP Paribas Arbitrage SA now owns 486 shares of the construction company's stock worth $51,000 after buying an additional 292 shares in the last quarter. UBS Group AG raised its position in United States Lime & Minerals by 28,950.0% during the fourth quarter. UBS Group AG now owns 581 shares of the construction company's stock valued at $82,000 after purchasing an additional 579 shares during the period. Quantbot Technologies LP purchased a new stake in United States Lime & Minerals during the third quarter valued at approximately $102,000. Qube Research & Technologies Ltd purchased a new stake in United States Lime & Minerals during the third quarter valued at approximately $104,000. Finally, BNP Paribas Arbitrage SNC raised its position in United States Lime & Minerals by 142.0% during the third quarter. BNP Paribas Arbitrage SNC now owns 1,176 shares of the construction company's stock valued at $120,000 after purchasing an additional 690 shares during the period. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

United States Lime & Minerals Stock Performance

USLM stock traded up $0.93 during midday trading on Monday, reaching $293.64. 29,961 shares of the company traded hands, compared to its average volume of 22,918. United States Lime & Minerals, Inc. has a 52-week low of $150.24 and a 52-week high of $308.00. The business has a 50 day moving average of $277.63 and a 200-day moving average of $238.78. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 22.15 and a beta of 0.80.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its earnings results on Friday, February 2nd. The construction company reported $2.98 EPS for the quarter. The firm had revenue of $65.69 million for the quarter. United States Lime & Minerals had a return on equity of 20.34% and a net margin of 26.50%.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.25 per share. This is a boost from United States Lime & Minerals's previous quarterly dividend of $0.20. The ex-dividend date was Thursday, February 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.34%. United States Lime & Minerals's dividend payout ratio is currently 7.66%.

Insider Buying and Selling

In related news, CEO Timothy W. Byrne sold 5,979 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total value of $1,550,175.33. Following the transaction, the chief executive officer now owns 31,638 shares of the company's stock, valued at $8,202,784.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other United States Lime & Minerals news, Director Sandra C. Duhe sold 427 shares of the company's stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $291.02, for a total transaction of $124,265.54. Following the completion of the sale, the director now owns 457 shares in the company, valued at $132,996.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Timothy W. Byrne sold 5,979 shares of the company's stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total value of $1,550,175.33. Following the sale, the chief executive officer now owns 31,638 shares of the company's stock, valued at approximately $8,202,784.26. The disclosure for this sale can be found here. 1.62% of the stock is owned by insiders.

United States Lime & Minerals Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.