WINTON GROUP Ltd Makes New Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

WINTON GROUP Ltd purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,390 shares of the construction company’s stock, valued at approximately $450,000.

Several other institutional investors and hedge funds have also modified their holdings of USLM. Principal Financial Group Inc. lifted its stake in shares of United States Lime & Minerals by 537.3% in the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock worth $571,000 after buying an additional 4,927 shares during the last quarter. Geode Capital Management LLC lifted its position in United States Lime & Minerals by 422.7% during the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after acquiring an additional 249,115 shares during the last quarter. Franklin Resources Inc. lifted its position in United States Lime & Minerals by 432.3% during the 3rd quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company’s stock worth $612,000 after acquiring an additional 4,902 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in United States Lime & Minerals by 400.0% during the third quarter. MetLife Investment Management LLC now owns 6,120 shares of the construction company’s stock valued at $598,000 after acquiring an additional 4,896 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of United States Lime & Minerals by 272.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,438 shares of the construction company’s stock valued at $1,312,000 after purchasing an additional 9,834 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Insider Activity at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of United States Lime & Minerals 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 sale, the director now owns 2,128 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Corporate insiders own 2.16% of the company’s stock.

United States Lime & Minerals Trading Down 1.1 %

USLM opened at $89.11 on Monday. The business has a 50 day moving average of $100.85 and a 200-day moving average of $114.24. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 23.49 and a beta of 0.90. United States Lime & Minerals, Inc. has a 1-year low of $57.32 and a 1-year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results 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 company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were given a dividend of $0.06 per share. The ex-dividend date was Friday, February 21st. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.27%. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Friday, March 14th.

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.