1,771 Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM) Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. bought a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,771 shares of the construction company’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of United States Lime & Minerals by 486.5% during the 4th quarter. JPMorgan Chase & Co. now owns 62,736 shares of the construction company’s stock valued at $8,328,000 after buying an additional 52,039 shares during the last quarter. Algert Global LLC raised its stake in shares of United States Lime & Minerals by 425.0% during the 4th quarter. Algert Global LLC now owns 40,160 shares of the construction company’s stock valued at $5,331,000 after buying an additional 32,510 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of United States Lime & Minerals during the 4th quarter valued at about $3,612,000. Alliancebernstein L.P. raised its stake in shares of United States Lime & Minerals by 252.4% during the 4th quarter. Alliancebernstein L.P. now owns 31,890 shares of the construction company’s stock valued at $4,233,000 after buying an additional 22,840 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of United States Lime & Minerals by 1,182.8% during the 3rd quarter. Barclays PLC now owns 21,512 shares of the construction company’s stock valued at $2,101,000 after buying an additional 19,835 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 0.2%

Shares of United States Lime & Minerals stock opened at $106.15 on Friday. United States Lime & Minerals, Inc. has a twelve month low of $64.25 and a twelve month high of $159.53. The business has a 50-day moving average price of $97.01 and a 200 day moving average price of $110.30. The firm has a market cap of $3.04 billion, a PE ratio of 27.98 and a beta of 1.01.

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

United States Lime & Minerals Dividend Announcement

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

Analyst Upgrades and Downgrades

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

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.