Cardinal Capital Management Sells 591 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Cardinal Capital Management trimmed its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,075 shares of the construction company’s stock after selling 591 shares during the period. United States Lime & Minerals accounts for approximately 1.2% of Cardinal Capital Management’s holdings, making the stock its 25th largest holding. Cardinal Capital Management owned approximately 0.20% of United States Lime & Minerals worth $7,709,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USLM. Principal Financial Group Inc. increased its stake in shares of United States Lime & Minerals by 537.3% in the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock valued at $571,000 after buying an additional 4,927 shares during the period. Minerva Advisors LLC grew its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company’s stock worth $608,000 after buying an additional 5,000 shares during the period. GSA Capital Partners LLP raised its stake in shares of United States Lime & Minerals by 355.4% during the third quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock worth $1,239,000 after buying an additional 9,898 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in United States Lime & Minerals by 400.0% in the third quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock valued at $6,529,000 after buying an additional 53,480 shares during the period. Finally, Geode Capital Management LLC boosted its stake in United States Lime & Minerals by 422.7% in the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock valued at $30,089,000 after acquiring an additional 249,115 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

United States Lime & Minerals Trading Up 1.6 %

United States Lime & Minerals stock opened at $104.32 on Tuesday. The firm has a market capitalization of $2.98 billion, a P/E ratio of 27.50 and a beta of 0.91. The business has a 50-day moving average of $123.59 and a 200-day moving average of $110.73. United States Lime & Minerals, Inc. has a 1 year low of $49.02 and a 1 year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings data 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 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s payout ratio is presently 5.27%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th.

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.