Algert Global LLC Has $5.33 Million Stake in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Algert Global LLC boosted its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 425.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,160 shares of the construction company's stock after acquiring 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 quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in USLM. Global Retirement Partners LLC bought a new stake in United States Lime & Minerals during the 4th quarter valued at approximately $25,000. National Bank of Canada FI acquired a new position in shares of United States Lime & Minerals during the fourth quarter worth approximately $72,000. Steward Partners Investment Advisory LLC boosted its position in shares of United States Lime & Minerals by 136.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock valued at $117,000 after acquiring an additional 510 shares during the period. AlphaQuest LLC acquired a new stake in shares of United States Lime & Minerals in the fourth quarter worth $146,000. Finally, Jones Financial Companies Lllp increased its position in United States Lime & Minerals by 114.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company's stock worth $158,000 after acquiring an additional 633 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Sandra C. Duhe sold 3,157 shares of the company's stock in a transaction dated 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 directly owns 2,128 shares of the company's stock, valued at $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.46% of the stock is currently owned by insiders.

United States Lime & Minerals Trading Down 0.5 %

USLM stock traded down $0.46 during trading on Friday, reaching $98.99. 77,836 shares of the stock were exchanged, compared to its average volume of 97,969. United States Lime & Minerals, Inc. has a twelve month low of $64.25 and a twelve month high of $159.53. The company has a market capitalization of $2.83 billion, a P/E ratio of 26.09 and a beta of 0.97. The stock has a 50 day simple moving average of $92.07 and a 200-day simple moving average of $113.15.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 earnings per share 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 Announces Dividend

The company 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 $0.06 dividend. The ex-dividend date is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.24%. United States Lime & Minerals's payout ratio is 5.71%.

Wall Street Analysts Forecast Growth

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.

About United States Lime & Minerals

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.