Charles Schwab Investment Management Inc. Acquires 10,399 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Charles Schwab Investment Management Inc. increased its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,156 shares of the construction company’s stock after buying an additional 10,399 shares during the period. Charles Schwab Investment Management Inc.’s holdings in United States Lime & Minerals were worth $12,764,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of USLM. Global Retirement Partners LLC purchased a new position in shares of United States Lime & Minerals in the fourth quarter valued at $25,000. FMR LLC grew its holdings in United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after buying an additional 403 shares in the last quarter. 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 buying an additional 510 shares during the period. Quantbot Technologies LP increased its position in shares of United States Lime & Minerals by 3,865.7% during the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company’s stock valued at $136,000 after buying an additional 1,353 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of United States Lime & Minerals by 114.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock worth $158,000 after buying an additional 633 shares in 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 stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the transaction, the director now owns 2,128 shares in the company, valued at approximately $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.16% of the company’s stock.

United States Lime & Minerals Price Performance

Shares of United States Lime & Minerals stock opened at $93.02 on Friday. United States Lime & Minerals, Inc. has a 1 year low of $57.32 and a 1 year high of $159.53. The firm has a market cap of $2.66 billion, a PE ratio of 24.52 and a beta of 0.90. The company has a 50 day simple moving average of $103.86 and a two-hundred day simple moving average of $113.21.

United States Lime & Minerals (NASDAQ:USLM) last issued 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were given a dividend of $0.06 per share. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a yield of 0.26%. United States Lime & Minerals’s dividend payout ratio is presently 6.33%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a report on Friday, March 14th.

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.