Vanguard Group Inc. Grows Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Vanguard Group Inc. raised its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 6.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,081 shares of the construction company’s stock after acquiring an additional 5,907 shares during the quarter. Vanguard Group Inc.’s holdings in United States Lime & Minerals were worth $20,317,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Lazard Asset Management LLC lifted its holdings in United States Lime & Minerals by 11.0% in the second quarter. Lazard Asset Management LLC now owns 758 shares of the construction company’s stock valued at $158,000 after acquiring an additional 75 shares during the period. Rhumbline Advisers lifted its holdings in United States Lime & Minerals by 2.8% in the third quarter. Rhumbline Advisers now owns 3,054 shares of the construction company’s stock valued at $614,000 after acquiring an additional 84 shares during the period. Credit Suisse AG raised its stake in shares of United States Lime & Minerals by 3.8% in the first quarter. Credit Suisse AG now owns 2,324 shares of the construction company’s stock worth $355,000 after buying an additional 86 shares during the period. Two Sigma Investments LP raised its stake in shares of United States Lime & Minerals by 5.0% in the first quarter. Two Sigma Investments LP now owns 1,880 shares of the construction company’s stock worth $287,000 after buying an additional 90 shares during the period. Finally, Swiss National Bank raised its stake in shares of United States Lime & Minerals by 2.0% in the third quarter. Swiss National Bank now owns 5,000 shares of the construction company’s stock worth $1,005,000 after buying an additional 100 shares during the period. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 0.4 %

NASDAQ USLM opened at $292.71 on Monday. The stock’s 50-day moving average price is $277.63 and its 200-day moving average price is $238.78. United States Lime & Minerals, Inc. has a 52 week low of $150.24 and a 52 week high of $308.00. The company has a market capitalization of $1.67 billion, a P/E ratio of 22.41 and a beta of 0.80.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings data on Friday, February 2nd. The construction company reported $2.98 EPS for the quarter. United States Lime & Minerals had a return on equity of 20.34% and a net margin of 26.50%. The firm had revenue of $65.69 million for the quarter.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.34%. The ex-dividend date of this dividend was Thursday, February 22nd. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.20. United States Lime & Minerals’s dividend payout ratio (DPR) is 7.66%.

Insider Activity at United States Lime & Minerals

In related news, CEO Timothy W. Byrne sold 5,979 shares of United States Lime & Minerals stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the sale, the chief executive officer now owns 31,638 shares of the company’s stock, valued at approximately $8,202,784.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 5,979 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the completion of the transaction, the chief executive officer now owns 31,638 shares in the company, valued at approximately $8,202,784.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sandra C. Duhe sold 427 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $291.02, for a total value of $124,265.54. Following the transaction, the director now owns 457 shares of the company’s stock, valued at approximately $132,996.14. The disclosure for this sale can be found here. 2.16% of the stock is owned by corporate insiders.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.