Quantbot Technologies LP increased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 533.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,796 shares of the construction company’s stock after purchasing an additional 7,408 shares during the quarter. Quantbot Technologies LP’s holdings in United States Lime & Minerals were worth $1,168,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in USLM. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals during the fourth quarter worth $25,000. FMR LLC raised its holdings in United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after acquiring an additional 403 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake 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 purchasing an additional 510 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of United States Lime & Minerals during the 4th quarter worth approximately $146,000. Finally, Jones Financial Companies Lllp grew its position in shares of United States Lime & Minerals by 114.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock valued at $158,000 after purchasing an additional 633 shares in the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.
United States Lime & Minerals Trading Down 3.9 %
United States Lime & Minerals stock opened at $92.88 on Wednesday. The company has a 50-day moving average price of $102.80 and a 200 day moving average price of $113.99. United States Lime & Minerals, Inc. has a 12-month low of $57.32 and a 12-month high of $159.53. The stock has a market cap of $2.66 billion, a P/E ratio of 24.48 and a beta of 0.90.
United States Lime & Minerals Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Friday, February 21st. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio is 6.33%.
Insider Transactions at United States Lime & Minerals
In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the company’s 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 transaction, the director now 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 SEC, which is available through this link. Company insiders own 2.16% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Friday, March 14th.
View Our Latest Research Report on United States Lime & Minerals
United States Lime & Minerals 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.
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