Guidance Capital Inc. lowered its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 5.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,048 shares of the construction company’s stock after selling 164 shares during the period. Guidance Capital Inc.’s holdings in United States Lime & Minerals were worth $405,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in USLM. Farther Finance Advisors LLC raised its position in United States Lime & Minerals by 900.0% in the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after purchasing an additional 279 shares in the last quarter. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% during the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after purchasing an additional 288 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of United States Lime & Minerals during the third quarter valued at approximately $49,000. FMR LLC lifted its holdings in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after buying an additional 403 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in United States Lime & Minerals by 19.0% in the second quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company’s stock valued at $496,000 after buying an additional 217 shares during the period. Institutional investors and hedge funds own 27.12% of the company’s stock.
Insider Activity
In related news, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. The trade was a 15.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. The trade was a 18.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.
United States Lime & Minerals Stock Down 0.5 %
United States Lime & Minerals (NASDAQ:USLM – Get Free Report) last released its 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 32.60% and a return on equity of 22.95%.
United States Lime & Minerals Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.80%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Tuesday, October 22nd.
View Our Latest Research Report on USLM
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.
See Also
- Five stocks we like better than United States Lime & Minerals
- The How and Why of Investing in Gold Stocks
- 3 Must-Have ETFs Set to Dominate This Quarter
- P/E Ratio Calculation: How to Assess Stocks
- Seeking Stability? These 3 Stocks Offer Strong Potential
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
Want to see what other hedge funds are holding USLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report).
Receive News & Ratings for United States Lime & Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Lime & Minerals and related companies with MarketBeat.com's FREE daily email newsletter.