Guidance Capital Inc. cut its position in United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 5.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,048 shares of the construction company’s stock after selling 164 shares during the quarter. Guidance Capital Inc.’s holdings in United States Lime & Minerals were worth $405,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its stake in United States Lime & Minerals by 202.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock valued at $47,845,000 after purchasing an additional 327,983 shares during the last quarter. Royce & Associates LP lifted its stake in United States Lime & Minerals by 322.3% in the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock valued at $34,396,000 after purchasing an additional 268,800 shares during the last quarter. Geode Capital Management LLC lifted its stake in 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 purchasing an additional 249,115 shares during the last quarter. State Street Corp lifted its stake in United States Lime & Minerals by 421.7% in the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock valued at $23,714,000 after purchasing an additional 196,277 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its stake in United States Lime & Minerals by 352.0% in 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 purchasing an additional 80,237 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at United States Lime & Minerals
In other news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now directly owns 125,004 shares in the company, valued at $17,716,816.92. This represents a 15.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Nathan O’neill sold 1,750 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.62% of the company’s stock.
United States Lime & Minerals Price Performance
United States Lime & Minerals (NASDAQ:USLM – Get Free Report) last announced its quarterly 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 net margin of 32.60% and a return on equity of 22.95%.
United States Lime & Minerals Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a $0.06 dividend. 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 0.21%. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s dividend payout ratio is 5.80%.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.
Check Out Our Latest Report on United States Lime & Minerals
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.
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