United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Sold by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. reduced its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 50.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,161 shares of the construction company’s stock after selling 51,872 shares during the quarter. Diamond Hill Capital Management Inc. owned approximately 0.18% of United States Lime & Minerals worth $6,791,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $25,000. Farther Finance Advisors LLC boosted its holdings in United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after purchasing an additional 279 shares during the last quarter. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after buying an additional 288 shares during the period. FMR LLC increased its holdings in shares of United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after buying an additional 403 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position 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 valued at $117,000 after buying an additional 510 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report on Friday.

Insider Activity at United States Lime & Minerals

In related news, Director Sandra C. Duhe sold 3,157 shares of the firm’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 in the company, valued at $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.16% of the stock is owned by insiders.

United States Lime & Minerals Trading Up 2.0 %

NASDAQ USLM opened at $93.22 on Friday. The stock has a fifty day simple moving average of $106.44 and a 200-day simple moving average of $112.73. The stock has a market cap of $2.67 billion, a PE ratio of 24.57 and a beta of 0.90. United States Lime & Minerals, Inc. has a twelve month low of $57.32 and a twelve month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last posted its 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 disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.26%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 6.33%.

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.