United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 8,695.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,222 shares of the construction company’s stock after purchasing an additional 4,174 shares during the period. Allspring Global Investments Holdings LLC’s holdings in United States Lime & Minerals were worth $560,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after purchasing an additional 279 shares during the last quarter. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after acquiring an additional 288 shares in the last quarter. FMR LLC grew its stake in shares of United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after acquiring an additional 403 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of United States Lime & Minerals by 3,865.7% in the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company’s stock worth $136,000 after acquiring an additional 1,353 shares in the last quarter. Finally, Townsquare Capital LLC acquired a new position in shares of United States Lime & Minerals in the third quarter worth $204,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th.

United States Lime & Minerals Stock Down 1.4 %

NASDAQ:USLM opened at $93.85 on Tuesday. The company has a fifty day simple moving average of $119.18 and a two-hundred day simple moving average of $111.65. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 24.74 and a beta of 0.91. United States Lime & Minerals, Inc. has a 52 week low of $50.28 and a 52 week high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.06 per share. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s payout ratio is 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.