Delta Financial Group Inc. Acquires Shares of 2,000 United States Lime & Minerals, Inc. (NASDAQ:USLM)

Delta Financial Group Inc. bought a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,000 shares of the construction company’s stock, valued at approximately $265,000.

Other large investors have also recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in shares of United States Lime & Minerals during the 4th quarter worth $25,000. Farther Finance Advisors LLC raised its stake in United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after acquiring an additional 279 shares in the last quarter. Amalgamated Bank lifted its holdings 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 during the last quarter. FMR LLC boosted its stake in shares of United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after purchasing an additional 403 shares in the last quarter. Finally, Quantbot Technologies LP grew its holdings in shares of United States Lime & Minerals by 3,865.7% during the 3rd quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company’s stock valued at $136,000 after purchasing an additional 1,353 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Stock Performance

Shares of USLM opened at $95.19 on Monday. United States Lime & Minerals, Inc. has a 52 week low of $49.20 and a 52 week high of $159.53. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 25.09 and a beta of 0.91. The stock has a fifty day moving average of $119.18 and a 200-day moving average of $111.65.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Monday, February 3rd. The construction company reported $0.94 EPS for 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 Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

Wall Street Analyst Weigh In

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 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.