SG Americas Securities LLC Acquires Shares of 536 United States Lime & Minerals, Inc. (NASDAQ:USLM)

SG Americas Securities LLC acquired a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 536 shares of the construction company’s stock, valued at approximately $123,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA grew its holdings in shares of United States Lime & Minerals by 150.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 486 shares of the construction company’s stock worth $51,000 after purchasing an additional 292 shares in the last quarter. UBS Group AG grew its holdings in shares of United States Lime & Minerals by 28,950.0% during the 4th quarter. UBS Group AG now owns 581 shares of the construction company’s stock worth $82,000 after purchasing an additional 579 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of United States Lime & Minerals during the 3rd quarter worth $102,000. Qube Research & Technologies Ltd acquired a new stake in shares of United States Lime & Minerals during the 3rd quarter worth $104,000. Finally, BNP Paribas Arbitrage SNC grew its holdings in shares of United States Lime & Minerals by 142.0% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 1,176 shares of the construction company’s stock worth $120,000 after purchasing an additional 690 shares in the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.

United States Lime & Minerals Stock Performance

USLM opened at $295.01 on Friday. The firm has a market cap of $1.68 billion, a P/E ratio of 22.59 and a beta of 0.80. United States Lime & Minerals, Inc. has a 52-week low of $151.53 and a 52-week high of $308.00. The business’s fifty day moving average is $280.98 and its 200-day moving average is $240.78.

United States Lime & Minerals (NASDAQ:USLM) last released its earnings results on Friday, February 2nd. The construction company reported $2.98 earnings per share (EPS) for the quarter. The company had revenue of $65.69 million for the quarter. United States Lime & Minerals had a return on equity of 20.34% and a net margin of 26.50%.

United States Lime & Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 0.34%. United States Lime & Minerals’s dividend payout ratio (DPR) is 7.66%.

Insider Activity at United States Lime & Minerals

In related news, CEO Timothy W. Byrne sold 5,979 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total value of $1,550,175.33. Following the sale, the chief executive officer now directly owns 31,638 shares of the company’s stock, valued at $8,202,784.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Sandra C. Duhe sold 427 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $291.02, for a total value of $124,265.54. Following the sale, the director now directly owns 457 shares of the company’s stock, valued at $132,996.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Timothy W. Byrne sold 5,979 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $259.27, for a total value of $1,550,175.33. Following the completion of the sale, the chief executive officer now directly owns 31,638 shares in the company, valued at $8,202,784.26. The disclosure for this sale can be found here. 2.16% of the stock is currently owned by insiders.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.