2,500 Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,500 shares of the construction company’s stock, valued at approximately $332,000.

Other large investors have also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $25,000. FMR LLC boosted its position 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 in the last quarter. Steward Partners Investment Advisory LLC boosted its position in United States Lime & Minerals by 136.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock valued at $117,000 after buying an additional 510 shares in the last quarter. AlphaQuest LLC bought a new stake in United States Lime & Minerals during the fourth quarter worth about $146,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of United States Lime & Minerals by 114.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock worth $158,000 after buying an additional 633 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Sandra C. Duhe sold 3,157 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was 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 in the company, valued at $201,330.08. This trade represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.62% of the stock is currently owned by corporate insiders.

United States Lime & Minerals Stock Performance

United States Lime & Minerals stock opened at $85.77 on Friday. The business’s fifty day moving average is $97.88 and its two-hundred day moving average is $114.19. The firm has a market cap of $2.45 billion, a P/E ratio of 22.61 and a beta of 0.91. United States Lime & Minerals, Inc. has a 52 week low of $57.61 and a 52 week 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 (EPS) 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 declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.28%. 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 (DPR) is currently 6.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Wednesday.

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.