United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,213 shares of the construction company’s stock after selling 268 shares during the quarter. Voya Investment Management LLC’s holdings in United States Lime & Minerals were worth $426,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of USLM. Price T Rowe Associates Inc. MD boosted its stake in United States Lime & Minerals by 22.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,220 shares of the construction company’s stock valued at $561,000 after acquiring an additional 769 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in United States Lime & Minerals during the fourth quarter worth approximately $204,000. Harvest Investment Services LLC purchased a new stake in United States Lime & Minerals in the fourth quarter valued at approximately $673,000. State of Tennessee Department of Treasury acquired a new stake in shares of United States Lime & Minerals in the fourth quarter valued at approximately $181,000. Finally, TD Waterhouse Canada Inc. grew its position in shares of United States Lime & Minerals by 1,306.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,517 shares of the construction company’s stock worth $467,000 after acquiring an additional 3,267 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 0.5 %

Shares of USLM stock opened at $98.99 on Friday. United States Lime & Minerals, Inc. has a 52-week low of $64.25 and a 52-week high of $159.53. The stock’s 50-day moving average price is $92.07 and its 200 day moving average price is $113.22. The stock has a market capitalization of $2.83 billion, a PE ratio of 26.09 and a beta of 0.97.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results on Wednesday, April 30th. The construction company reported $1.19 earnings per share for the quarter. The firm had revenue of $91.25 million during 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.24%. The ex-dividend date is Friday, May 23rd. United States Lime & Minerals’s payout ratio is 5.71%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related 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 owns 2,128 shares of the company’s stock, valued at $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.46% of the stock is currently owned by corporate insiders.

About United States Lime & Minerals

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.