United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. lessened its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,233 shares of the construction company’s stock after selling 395 shares during the period. Corebridge Financial Inc.’s holdings in United States Lime & Minerals were worth $695,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in United States Lime & Minerals in the 4th quarter valued at about $25,000. FMR LLC boosted its stake in United States Lime & Minerals by 403.0% during the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after buying an additional 403 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of United States Lime & Minerals by 136.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock valued at $117,000 after acquiring an additional 510 shares during the last quarter. AlphaQuest LLC purchased a new stake in shares of United States Lime & Minerals in the 4th quarter valued at approximately $146,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of United States Lime & Minerals by 114.1% in the 4th quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock worth $158,000 after acquiring an additional 633 shares during the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the company’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 sale, the director now owns 2,128 shares in the company, valued at $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.62% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Wednesday, April 2nd.

United States Lime & Minerals Trading Down 1.4 %

USLM stock opened at $85.77 on Monday. The business’s fifty day moving average price is $97.88 and its 200 day moving average price is $114.36. United States Lime & Minerals, Inc. has a 12-month low of $57.61 and a 12-month high of $159.53. The company has a market capitalization of $2.45 billion, a PE ratio of 22.61 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last released its earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 21st were paid a dividend of $0.06 per share. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 0.28%. The ex-dividend date was Friday, February 21st. United States Lime & Minerals’s dividend payout ratio 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.