Orion Portfolio Solutions LLC Takes Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Orion Portfolio Solutions LLC bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,305 shares of the construction company’s stock, valued at approximately $306,000.

A number of other large investors have also added to or reduced their stakes in USLM. Principal Financial Group Inc. lifted its holdings in shares of United States Lime & Minerals by 537.3% during the third 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 period. Geode Capital Management LLC lifted 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 worth $30,089,000 after acquiring an additional 249,115 shares during the period. Franklin Resources Inc. boosted its stake in 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 valued at $612,000 after acquiring an additional 4,902 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in United States Lime & Minerals by 272.9% in 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 during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in United States Lime & Minerals by 330.6% during the 3rd quarter. Janus Henderson Group PLC now owns 49,612 shares of the construction company’s stock valued at $4,844,000 after acquiring an additional 38,091 shares during the period. Institutional investors and hedge funds own 27.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Sandra C. Duhe sold 3,157 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the transaction, the director now directly 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 document filed with the SEC, which is accessible through this hyperlink. 2.16% of the stock is currently owned by insiders.

United States Lime & Minerals Trading Up 9.3 %

United States Lime & Minerals stock opened at $93.40 on Thursday. The firm has a 50-day moving average of $95.43 and a 200-day moving average of $113.87. The firm has a market cap of $2.67 billion, a P/E ratio of 24.62 and a beta of 0.93. United States Lime & Minerals, Inc. has a 1-year low of $57.61 and a 1-year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last announced 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 disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a $0.06 dividend. This is a boost 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%. The ex-dividend date was Friday, February 21st. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 6.33%.

Wall Street Analysts Forecast Growth

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

United States Lime & Minerals Company 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.