United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 6.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,025 shares of the construction company’s stock after selling 300 shares during the period. New York State Common Retirement Fund’s holdings in United States Lime & Minerals were worth $534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in shares of United States Lime & Minerals by 202.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock worth $47,845,000 after purchasing an additional 327,983 shares during the period. Royce & Associates LP grew its stake in shares of United States Lime & Minerals by 322.3% in the third quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock valued at $34,396,000 after buying an additional 268,800 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of United States Lime & Minerals by 422.7% in the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock valued at $30,089,000 after buying an additional 249,115 shares during the period. State Street Corp lifted its stake in United States Lime & Minerals by 421.7% during the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock worth $23,714,000 after acquiring an additional 196,277 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its holdings in United States Lime & Minerals by 352.0% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after acquiring an additional 80,237 shares during the period. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Price Performance

Shares of NASDAQ:USLM opened at $90.04 on Wednesday. United States Lime & Minerals, Inc. has a 12 month low of $53.39 and a 12 month high of $159.53. The firm has a market capitalization of $2.57 billion, a P/E ratio of 23.73 and a beta of 0.91. The company’s fifty day moving average price is $113.08 and its 200 day moving average price is $112.57.

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

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.27%. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s payout ratio is presently 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 United States Lime & Minerals stock in a transaction on Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the transaction, the director now owns 2,128 shares of the company’s stock, valued at $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 2.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.