Wells Fargo & Company MN Boosts Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Wells Fargo & Company MN raised its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 135.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,989 shares of the construction company's stock after acquiring an additional 4,597 shares during the period. Wells Fargo & Company MN's holdings in United States Lime & Minerals were worth $1,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Barclays PLC boosted its position in shares of United States Lime & Minerals by 1,182.8% during the 3rd quarter. Barclays PLC now owns 21,512 shares of the construction company's stock valued at $2,101,000 after purchasing an additional 19,835 shares in the last quarter. Tidal Investments LLC bought a new stake in United States Lime & Minerals during the third quarter worth $640,000. Franklin Resources Inc. raised its holdings in shares of United States Lime & Minerals by 432.3% in the third quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company's stock valued at $612,000 after purchasing an additional 4,902 shares during the last quarter. Principal Financial Group Inc. increased its stake in United States Lime & Minerals by 537.3% in the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock valued at $571,000 after buying an additional 4,927 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in United States Lime & Minerals by 454.5% during the third quarter. JPMorgan Chase & Co. now owns 10,697 shares of the construction company's stock worth $1,045,000 after acquiring an additional 8,768 shares during the period. Institutional investors own 27.12% of the company's stock.

Insider Buying and Selling at United States Lime & Minerals

In related news, Director Sandra C. Duhe sold 3,157 shares of the company's 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 directly owns 2,128 shares in the company, valued at $201,330.08. This represents a 59.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.46% of the company's stock.

Analysts Set New Price Targets

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

United States Lime & Minerals Stock Down 0.8 %

Shares of NASDAQ USLM traded down $0.81 during mid-day trading on Monday, reaching $99.01. 3,611 shares of the company were exchanged, compared to its average volume of 112,034. The company's 50 day moving average price is $91.45 and its 200 day moving average price is $113.45. United States Lime & Minerals, Inc. has a 52 week low of $64.25 and a 52 week high of $159.53. The stock has a market capitalization of $2.83 billion, a PE ratio of 26.10 and a beta of 0.97.

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. The business 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 23rd will be paid 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 dividend payout ratio (DPR) is currently 5.71%.

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.