DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main cut its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 27.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,200 shares of the construction company's stock after selling 3,800 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in United States Lime & Minerals were worth $1,354,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of USLM. JPMorgan Chase & Co. lifted its holdings in United States Lime & Minerals by 486.5% in the fourth quarter. JPMorgan Chase & Co. now owns 62,736 shares of the construction company's stock valued at $8,328,000 after acquiring an additional 52,039 shares during the period. Algert Global LLC increased its position in shares of United States Lime & Minerals by 425.0% in the fourth quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock valued at $5,331,000 after buying an additional 32,510 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of United States Lime & Minerals in the fourth quarter valued at approximately $3,612,000. Alliancebernstein L.P. increased its position in shares of United States Lime & Minerals by 252.4% in the fourth quarter. Alliancebernstein L.P. now owns 31,890 shares of the construction company's stock valued at $4,233,000 after buying an additional 22,840 shares in the last quarter. Finally, Barclays PLC increased its position in shares of United States Lime & Minerals by 1,182.8% in the third quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after buying an additional 19,835 shares in the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.
United States Lime & Minerals Price Performance
United States Lime & Minerals stock opened at $98.99 on Monday. The stock has a market capitalization of $2.83 billion, a PE ratio of 26.09 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 business has a 50 day simple moving average of $92.07 and a 200-day simple moving average of $113.30.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 EPS for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%. The firm had revenue of $91.25 million during the quarter.
United States Lime & Minerals Dividend Announcement
The company also recently declared 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. 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 payout ratio is 5.71%.
Insider Buying and Selling
In related news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 2,128 shares in the company, valued at approximately $201,330.08. The trade was a 59.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.46% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Wednesday, April 2nd.
Read Our Latest Report on USLM
United States Lime & Minerals Profile
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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.
Further Reading
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