Algert Global LLC grew its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 425.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,160 shares of the construction company's stock after buying an additional 32,510 shares during the period. Algert Global LLC owned 0.14% of United States Lime & Minerals worth $5,331,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Voleon Capital Management LP purchased a new position in shares of United States Lime & Minerals during the fourth quarter worth approximately $552,000. Northern Trust Corp increased its holdings in United States Lime & Minerals by 5.1% in the fourth quarter. Northern Trust Corp now owns 111,932 shares of the construction company's stock valued at $14,858,000 after buying an additional 5,447 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of United States Lime & Minerals during the 4th quarter worth approximately $951,000. Nebula Research & Development LLC increased its stake in United States Lime & Minerals by 35.6% during the 4th quarter. Nebula Research & Development LLC now owns 6,134 shares of the construction company's stock worth $814,000 after buying an additional 1,612 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in United States Lime & Minerals by 22.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,220 shares of the construction company's stock worth $561,000 after acquiring an additional 769 shares during the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at United States Lime & Minerals
In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of United States Lime & Minerals 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 completion of the sale, the director now owns 2,128 shares of the company's stock, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.46% of the company's stock.
United States Lime & Minerals Price Performance
United States Lime & Minerals stock traded down $0.46 during mid-day trading on Friday, reaching $98.99. The company had a trading volume of 77,836 shares, compared to its average volume of 97,743. United States Lime & Minerals, Inc. has a 1 year low of $64.25 and a 1 year high of $159.53. The stock's 50-day simple moving average is $92.07 and its 200-day simple moving average is $113.22. The company has a market capitalization of $2.83 billion, a P/E ratio of 26.09 and a beta of 0.97.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%. The firm had revenue of $91.25 million for the quarter.
United States Lime & Minerals Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders 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 is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.71%.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd.
Get Our Latest Stock Analysis on United States Lime & Minerals
About United States Lime & Minerals
(
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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