United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN boosted 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 filing with the Securities and Exchange Commission. The fund owned 7,989 shares of the construction company's stock after buying 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 reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new position in shares of United States Lime & Minerals in the 4th quarter worth $25,000. National Bank of Canada FI acquired a new stake in United States Lime & Minerals during the fourth quarter worth about $72,000. Steward Partners Investment Advisory LLC raised its holdings in shares of 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 purchasing an additional 510 shares during the period. AlphaQuest LLC acquired a new position in shares of United States Lime & Minerals in the 4th quarter valued at about $146,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of United States Lime & Minerals by 114.1% during the 4th quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company's stock worth $158,000 after purchasing an additional 633 shares during the period. Hedge funds and other institutional investors own 27.12% of the company's stock.

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the firm'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 owns 2,128 shares in the company, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.46% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of NASDAQ:USLM traded up $1.81 during midday trading on Friday, hitting $99.81. 98,401 shares of the company's stock traded hands, compared to its average volume of 100,335. The firm's fifty day moving average price is $91.45 and its two-hundred day moving average price is $113.38. 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 cap of $2.86 billion, a PE ratio of 26.31 and a beta of 0.97.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 EPS for the quarter. The company had revenue of $91.25 million for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, May 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.24%. United States Lime & Minerals's dividend payout ratio is currently 5.71%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded 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.