Brevan Howard Capital Management LP Sells 5,903 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Brevan Howard Capital Management LP decreased its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 55.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,794 shares of the construction company's stock after selling 5,903 shares during the period. Brevan Howard Capital Management LP's holdings in United States Lime & Minerals were worth $636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Global Retirement Partners LLC bought a new stake in shares of United States Lime & Minerals during the 4th quarter valued at $25,000. Sound View Wealth Advisors Group LLC boosted its holdings in United States Lime & Minerals by 3.8% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company's stock worth $733,000 after buying an additional 200 shares during the period. MetLife Investment Management LLC boosted its holdings in United States Lime & Minerals by 5.8% in the 4th quarter. MetLife Investment Management LLC now owns 6,473 shares of the construction company's stock worth $859,000 after buying an additional 353 shares during the period. Townsquare Capital LLC boosted its holdings in United States Lime & Minerals by 18.8% in the 4th quarter. Townsquare Capital LLC now owns 2,479 shares of the construction company's stock worth $329,000 after buying an additional 393 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in United States Lime & Minerals by 136.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock worth $117,000 after buying an additional 510 shares during the period. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Stock Up 3.4%

USLM stock traded up $3.36 during mid-day trading on Tuesday, hitting $102.87. The company had a trading volume of 104,201 shares, compared to its average volume of 97,684. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 27.11 and a beta of 0.97. United States Lime & Minerals, Inc. has a 12-month low of $64.25 and a 12-month high of $159.53. The company has a 50-day moving average price of $92.22 and a 200 day moving average price of $113.26.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. The firm 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 given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. United States Lime & Minerals's dividend payout ratio is 5.71%.

Insider Activity

In related news, Director Sandra C. Duhe sold 3,157 shares of the 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 of the company's stock, valued at $201,330.08. This represents a 59.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.46% of the company's stock.

Wall Street Analyst Weigh In

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

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.