United States Lime & Minerals, Inc. (NASDAQ:USLM) Holdings Raised by Select Equity Group L.P.

Select Equity Group L.P. boosted its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 46.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 328,354 shares of the construction company's stock after purchasing an additional 103,948 shares during the quarter. Select Equity Group L.P. owned about 1.15% of United States Lime & Minerals worth $43,586,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of United States Lime & Minerals by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company's stock worth $94,806,000 after purchasing an additional 10,614 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in United States Lime & Minerals by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock valued at $67,372,000 after purchasing an additional 28,947 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of United States Lime & Minerals by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 314,531 shares of the construction company's stock valued at $41,759,000 after acquiring an additional 6,482 shares during the last quarter. Invesco Ltd. boosted its stake in shares of United States Lime & Minerals by 4.7% during the fourth quarter. Invesco Ltd. now owns 200,942 shares of the construction company's stock valued at $26,673,000 after acquiring an additional 8,967 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of United States Lime & Minerals by 5.1% during the fourth quarter. Northern Trust Corp now owns 111,932 shares of the construction company's stock valued at $14,858,000 after acquiring an additional 5,447 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of NASDAQ:USLM traded down $0.77 during mid-day trading on Tuesday, hitting $104.22. 80,963 shares of the company traded hands, compared to its average volume of 97,095. The firm has a market cap of $2.98 billion, a P/E ratio of 27.47 and a beta of 0.97. United States Lime & Minerals, Inc. has a 52-week low of $64.25 and a 52-week high of $159.53. The firm's 50 day simple moving average is $93.64 and its 200 day simple moving average is $113.09.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%. The company had revenue of $91.25 million for the quarter.

United States Lime & Minerals Dividend Announcement

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

Analysts Set New Price Targets

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

Insider Activity at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the transaction, 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 legal filing with the SEC, which can be accessed through this link. Insiders own 1.46% of the company's stock.

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.