Handelsbanken Fonder AB Makes New Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Handelsbanken Fonder AB purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,100 shares of the construction company’s stock, valued at approximately $279,000.

Several other large investors have also made changes to their positions in USLM. Global Retirement Partners LLC acquired a new position in shares of United States Lime & Minerals during the 4th quarter valued at $25,000. Principal Financial Group Inc. lifted its holdings in United States Lime & Minerals by 9.3% during the 4th quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company’s stock worth $848,000 after buying an additional 546 shares during the last quarter. Rhumbline Advisers lifted its position in shares of United States Lime & Minerals by 21.6% in the 4th quarter. Rhumbline Advisers now owns 18,632 shares of the construction company’s stock worth $2,473,000 after buying an additional 3,306 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in United States Lime & Minerals by 8,695.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,222 shares of the construction company’s stock worth $560,000 after buying an additional 4,174 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in United States Lime & Minerals during the 4th quarter valued at about $330,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Monday.

United States Lime & Minerals Stock Down 3.6 %

USLM opened at $90.48 on Tuesday. The business has a fifty day simple moving average of $114.00 and a 200-day simple moving average of $112.47. The firm has a market cap of $2.59 billion, a PE ratio of 23.85 and a beta of 0.91. United States Lime & Minerals, Inc. has a fifty-two week low of $50.78 and a fifty-two week high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 EPS for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.06 per share. 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. This represents a $0.24 annualized dividend and a dividend yield of 0.27%. United States Lime & Minerals’s dividend payout ratio is 6.33%.

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the sale, the director now owns 2,128 shares of the company’s stock, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.16% of the stock is currently owned by corporate insiders.

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.