The Manufacturers Life Insurance Company Sells 146 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

The Manufacturers Life Insurance Company decreased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,343 shares of the construction company’s stock after selling 146 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in United States Lime & Minerals were worth $842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in USLM. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals during the 4th quarter worth $25,000. National Bank of Canada FI purchased a new stake in shares of United States Lime & Minerals during the 4th quarter worth $72,000. Steward Partners Investment Advisory LLC lifted its stake in shares of United States Lime & Minerals by 136.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock worth $117,000 after purchasing an additional 510 shares during the last quarter. AlphaQuest LLC purchased a new stake in shares of United States Lime & Minerals during the 4th quarter worth $146,000. Finally, Jones Financial Companies Lllp lifted its stake in shares of United States Lime & Minerals by 114.1% during the 4th quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock worth $158,000 after purchasing an additional 633 shares during the last quarter. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Price Performance

Shares of NASDAQ USLM opened at $103.39 on Thursday. The stock has a market capitalization of $2.96 billion, a P/E ratio of 27.25 and a beta of 0.97. United States Lime & Minerals, Inc. has a 1-year low of $64.25 and a 1-year high of $159.53. The business has a fifty day moving average price of $92.73 and a 200 day moving average price of $113.12.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 EPS for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%. The company had revenue of $91.25 million during the quarter.

United States Lime & Minerals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 23rd will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.71%.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the sale, the director now directly owns 2,128 shares in the company, valued at approximately $201,330.08. This trade represents a 59.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

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.