Northern Trust Corp Raises Stock Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Northern Trust Corp boosted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 111,932 shares of the construction company's stock after buying an additional 5,447 shares during the period. Northern Trust Corp owned approximately 0.39% of United States Lime & Minerals worth $14,858,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of USLM. Susquehanna Fundamental Investments LLC bought a new stake in shares of United States Lime & Minerals in the 4th quarter worth $951,000. Nebula Research & Development LLC boosted its position in United States Lime & Minerals by 35.6% during the fourth quarter. Nebula Research & Development LLC now owns 6,134 shares of the construction company's stock worth $814,000 after purchasing an additional 1,612 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of United States Lime & Minerals by 22.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,220 shares of the construction company's stock worth $561,000 after buying an additional 769 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of United States Lime & Minerals in the fourth quarter worth about $204,000. Finally, Harvest Investment Services LLC purchased a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $673,000. Institutional investors and hedge funds own 27.12% of the company's stock.

United States Lime & Minerals Stock Up 0.1%

NASDAQ:USLM opened at $104.29 on Thursday. The stock has a market cap of $2.99 billion, a P/E ratio of 27.49 and a beta of 0.97. The firm's fifty day simple moving average is $94.11 and its 200 day simple moving average is $112.97. United States Lime & Minerals, Inc. has a twelve month low of $64.25 and a twelve month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly 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 for 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.71%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Wednesday, April 2nd.

Insider Activity

In other news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. The trade was a 59.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.46% of the company's stock.

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.