EntryPoint Capital LLC Makes New Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

EntryPoint Capital LLC purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,154 shares of the construction company’s stock, valued at approximately $419,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of United States Lime & Minerals by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 714,224 shares of the construction company’s stock worth $94,806,000 after purchasing an additional 10,614 shares during the period. Geode Capital Management LLC lifted its stake in United States Lime & Minerals by 422.7% during the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after purchasing an additional 249,115 shares in the last quarter. State Street Corp boosted its position in shares of United States Lime & Minerals by 421.7% during the third quarter. State Street Corp now owns 242,826 shares of the construction company’s stock worth $23,714,000 after buying an additional 196,277 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of United States Lime & Minerals by 12.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 96,156 shares of the construction company’s stock valued at $12,764,000 after buying an additional 10,399 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of United States Lime & Minerals by 1.9% in the 4th quarter. American Century Companies Inc. now owns 71,600 shares of the construction company’s stock valued at $9,504,000 after buying an additional 1,332 shares during the period. 27.12% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Sandra C. Duhe sold 3,157 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the transaction, the director now directly owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.16% of the stock is owned by company insiders.

United States Lime & Minerals Stock Performance

Shares of USLM stock opened at $92.88 on Wednesday. United States Lime & Minerals, Inc. has a fifty-two week low of $57.32 and a fifty-two week high of $159.53. The company has a 50 day moving average price of $102.80 and a 200 day moving average price of $113.99. The stock has a market capitalization of $2.66 billion, a P/E ratio of 24.48 and a beta of 0.90.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 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 business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a dividend of $0.06 per share. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 0.26%. United States Lime & Minerals’s dividend payout ratio is 6.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut United States Lime & Minerals from a “buy” rating to a “hold” rating in a report on Friday, March 14th.

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.