United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 8,695.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,222 shares of the construction company’s stock after acquiring an additional 4,174 shares during the period. Allspring Global Investments Holdings LLC’s holdings in United States Lime & Minerals were worth $560,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Principal Financial Group Inc. raised its position in shares of United States Lime & Minerals by 537.3% during the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock worth $571,000 after purchasing an additional 4,927 shares during the last quarter. Minerva Advisors LLC raised its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company’s stock worth $608,000 after purchasing an additional 5,000 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of United States Lime & Minerals by 355.4% during the 3rd quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock worth $1,239,000 after purchasing an additional 9,898 shares during the last quarter. North Star Investment Management Corp. raised its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock worth $6,529,000 after purchasing an additional 53,480 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of 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 purchasing an additional 249,115 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

United States Lime & Minerals Price Performance

USLM opened at $93.85 on Tuesday. The company’s 50 day simple moving average is $119.18 and its two-hundred day simple moving average is $111.65. United States Lime & Minerals, Inc. has a 1-year low of $50.28 and a 1-year high of $159.53. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 24.74 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) 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 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.26%. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date is Friday, February 21st. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

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.