Strs Ohio Sells 300 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Strs Ohio lowered its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 10.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,500 shares of the construction company’s stock after selling 300 shares during the period. Strs Ohio’s holdings in United States Lime & Minerals were worth $575,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in United States Lime & Minerals by 6.2% in the 3rd quarter. Vanguard Group Inc. now owns 101,081 shares of the construction company’s stock worth $20,317,000 after buying an additional 5,907 shares during the period. Invesco Ltd. lifted its stake in United States Lime & Minerals by 1,654.8% in the 3rd quarter. Invesco Ltd. now owns 45,729 shares of the construction company’s stock worth $9,192,000 after purchasing an additional 43,123 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in United States Lime & Minerals by 0.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 21,669 shares of the construction company’s stock worth $4,355,000 after purchasing an additional 149 shares in the last quarter. Swiss National Bank lifted its stake in United States Lime & Minerals by 2.0% in the 3rd quarter. Swiss National Bank now owns 5,000 shares of the construction company’s stock worth $1,005,000 after purchasing an additional 100 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in United States Lime & Minerals in the 3rd quarter worth $313,000. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Up 2.1 %

Shares of USLM stock opened at $307.44 on Friday. The stock has a market cap of $1.76 billion, a P/E ratio of 23.54 and a beta of 0.80. United States Lime & Minerals, Inc. has a 52 week low of $151.53 and a 52 week high of $308.00. The company’s fifty day simple moving average is $286.26 and its two-hundred day simple moving average is $244.75.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings results on Friday, February 2nd. The construction company reported $2.98 EPS for the quarter. The business had revenue of $65.69 million for the quarter. United States Lime & Minerals had a net margin of 26.50% and a return on equity of 20.34%.

United States Lime & Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.00 annualized dividend and a yield of 0.33%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.20. United States Lime & Minerals’s payout ratio is presently 7.66%.

Insider Activity

In other news, CEO Timothy W. Byrne sold 5,979 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the sale, the chief executive officer now directly owns 31,638 shares in the company, valued at approximately $8,202,784.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Sandra C. Duhe sold 427 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $291.02, for a total transaction of $124,265.54. Following the sale, the director now directly owns 457 shares in the company, valued at approximately $132,996.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy W. Byrne sold 5,979 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the sale, the chief executive officer now owns 31,638 shares in the company, valued at $8,202,784.26. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company’s stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.