Semanteon Capital Management LP reduced its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 5.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,357 shares of the construction company’s stock after selling 330 shares during the quarter. Semanteon Capital Management LP’s holdings in United States Lime & Minerals were worth $711,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Advisors Asset Management Inc. increased its position in United States Lime & Minerals by 42.2% in the 4th quarter. Advisors Asset Management Inc. now owns 48,270 shares of the construction company’s stock valued at $6,407,000 after acquiring an additional 14,323 shares during the period. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in United States Lime & Minerals in the 4th quarter valued at approximately $1,061,000. Sequoia Financial Advisors LLC acquired a new position in United States Lime & Minerals in the 4th quarter valued at approximately $382,000. Sound View Wealth Advisors Group LLC increased its position 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 valued at $733,000 after acquiring an additional 200 shares during the period. Finally, AlphaQuest LLC acquired a new position in United States Lime & Minerals in the 4th quarter valued at approximately $146,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Friday, March 14th.
Insider Buying and Selling
In related news, Director Sandra C. Duhe sold 3,157 shares of the 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.16% of the stock is owned by insiders.
United States Lime & Minerals Stock Down 1.4 %
USLM opened at $93.02 on Friday. United States Lime & Minerals, Inc. has a twelve month low of $57.32 and a twelve month high of $159.53. The company has a fifty day moving average of $103.86 and a 200-day moving average of $113.21. The stock has a market cap of $2.66 billion, a PE ratio of 24.52 and a beta of 0.90.
United States Lime & Minerals (NASDAQ:USLM – Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share 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 Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were paid a dividend of $0.06 per share. 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. This represents a $0.24 annualized dividend and a yield of 0.26%. United States Lime & Minerals’s dividend payout ratio is currently 6.33%.
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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