Geode Capital Management LLC Purchases 6,482 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Geode Capital Management LLC increased its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 2.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 314,531 shares of the construction company’s stock after buying an additional 6,482 shares during the quarter. Geode Capital Management LLC owned 1.10% of United States Lime & Minerals worth $41,759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in United States Lime & Minerals by 537.3% during the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock valued at $571,000 after purchasing an additional 4,927 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of United States Lime & Minerals by 432.3% during the 3rd quarter. Franklin Resources Inc. now owns 6,036 shares of the construction company’s stock valued at $612,000 after purchasing an additional 4,902 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of United States Lime & Minerals by 272.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,438 shares of the construction company’s stock worth $1,312,000 after buying an additional 9,834 shares during the period. Jane Street Group LLC increased its stake in United States Lime & Minerals by 356.8% in the 3rd quarter. Jane Street Group LLC now owns 19,802 shares of the construction company’s stock worth $1,934,000 after purchasing an additional 15,467 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in United States Lime & Minerals by 454.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,697 shares of the construction company’s stock valued at $1,045,000 after buying an additional 8,768 shares during the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, April 2nd.

Insider Buying and Selling

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the transaction, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.16% of the stock is owned by company insiders.

United States Lime & Minerals Stock Down 0.6 %

USLM opened at $92.53 on Wednesday. The business has a 50 day moving average of $93.85 and a 200-day moving average of $113.79. The stock has a market cap of $2.65 billion, a PE ratio of 24.39 and a beta of 0.93. United States Lime & Minerals, Inc. has a 52 week low of $57.86 and a 52 week high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last announced 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 company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a $0.06 dividend. The ex-dividend date was Friday, February 21st. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 0.26%. United States Lime & Minerals’s payout ratio 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.