NewEdge Advisors LLC bought a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,413 shares of the construction company's stock, valued at approximately $586,000.
Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in United States Lime & Minerals by 1,182.8% in the 3rd quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after buying an additional 19,835 shares during the last quarter. Tidal Investments LLC acquired a new stake in United States Lime & Minerals in the third quarter valued at $640,000. Franklin Resources Inc. boosted its stake in United States Lime & Minerals by 432.3% during the 3rd quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company's stock valued at $612,000 after acquiring an additional 4,902 shares during the last quarter. Principal Financial Group Inc. grew its holdings in United States Lime & Minerals by 537.3% during the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock worth $571,000 after acquiring an additional 4,927 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of United States Lime & Minerals by 454.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,697 shares of the construction company's stock valued at $1,045,000 after purchasing an additional 8,768 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Wednesday, April 2nd.
View Our Latest Report on USLM
United States Lime & Minerals Price Performance
Shares of USLM stock traded up $1.42 on Friday, hitting $99.42. 20,307 shares of the stock traded hands, compared to its average volume of 100,275. The company has a market capitalization of $2.85 billion, a PE ratio of 26.21 and a beta of 0.97. The company's fifty day moving average is $91.36 and its 200 day moving average is $113.33. United States Lime & Minerals, Inc. has a 1-year low of $63.09 and a 1-year high of $159.53.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%. The company had revenue of $91.25 million for the quarter.
United States Lime & Minerals Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 23rd will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio (DPR) is 5.71%.
Insider Activity at United States Lime & Minerals
In related news, Director Sandra C. Duhe sold 3,157 shares of United States Lime & Minerals stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the sale, the director now directly owns 2,128 shares in the company, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.46% of the company's stock.
United States Lime & Minerals 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.
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