Price T Rowe Associates Inc. MD Buys 769 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Price T Rowe Associates Inc. MD lifted its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 22.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,220 shares of the construction company’s stock after buying an additional 769 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in United States Lime & Minerals were worth $561,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals in the fourth quarter worth about $25,000. National Bank of Canada FI bought a new stake in United States Lime & Minerals during the 4th quarter valued at approximately $72,000. Steward Partners Investment Advisory LLC raised its stake in United States Lime & Minerals by 136.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock valued at $117,000 after purchasing an additional 510 shares during the period. AlphaQuest LLC bought a new stake in United States Lime & Minerals during the 4th quarter valued at approximately $146,000. Finally, Jones Financial Companies Lllp raised its stake in United States Lime & Minerals by 114.1% during the 4th quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock valued at $158,000 after purchasing an additional 633 shares during the period. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock opened at $102.87 on Wednesday. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 27.11 and a beta of 0.97. The stock has a 50 day moving average price of $92.47 and a 200-day moving average price of $113.19. United States Lime & Minerals, Inc. has a one year low of $64.25 and a one year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.19 earnings per share (EPS) for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%. The company had revenue of $91.25 million during the quarter.

United States Lime & Minerals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. United States Lime & Minerals’s payout ratio is 5.71%.

Wall Street Analyst Weigh In

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

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the business’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 approximately $201,330.08. The trade was a 59.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.46% of the company’s stock.

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.