1 week Ago By ABMN Staff
Norges Bank acquired a new position in United States Lime & Minerals, Inc. ( NASDAQ:USLM – Free Report ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,800 shares of the construction company’s stock, valued at approximately $2,496,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its stake in shares of United States Lime & Minerals by 537.
3% during the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock worth $571,000 after purchasing an additional 4,927 shares during the last quarter.
Geode Capital Management LLC raised its holdings 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 valued at $30,089,000 after buying an additional 249,115 shares in the last quarter.
Franklin Resources Inc. lifted its position in shares of United States Lime & Minerals by 432.3% in the third quarter.
Franklin Resources Inc. now owns 6,036 shares of the construction company’s stock worth $612,000 after buying an additional 4,902 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of United States Lime & Minerals by 272.
9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,438 shares of the construction company’s stock worth $1,312,000 after acquiring an additional 9,834 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of United States Lime & Minerals by 376.
8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 6,489 shares of the construction company’s stock valued at $634,000 after acquiring an additional 5,128 shares during the last quarter. Institutional investors own 27.
12% of the company’s stock. Insider Activity In other news, Director Sandra C. Duhe sold 3,157 shares of the company’s stock in a transaction dated Monday, February 24th.
The shares were 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 owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. This represents a 59.
74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . 2.
16% of the stock is owned by company insiders. United States Lime & Minerals Trading Up 1.9 % United States Lime & Minerals ( NASDAQ:USLM – Get Free Report ) last released 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 34.
27% and a return on equity of 24.55%. United States Lime & Minerals Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th.
Stockholders of record on Friday, February 21st were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, February 21st.
This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.
24 dividend on an annualized basis and a dividend yield of 0.26%. United States Lime & Minerals’s payout ratio is 6.
33%. Analyst Upgrades and Downgrades Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Wednesday, April 2nd.
Read Our Latest Analysis on USLM United States Lime & Minerals Company Profile ( Free Report ) 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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