Navellier & Associates Inc. Grows Stock Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Navellier & Associates Inc. grew its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 67.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,051 shares of the construction company’s stock after purchasing an additional 3,242 shares during the quarter. Navellier & Associates Inc.’s holdings in United States Lime & Minerals were worth $1,069,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of USLM. Thrivent Financial for Lutherans lifted its stake in United States Lime & Minerals by 202.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock worth $47,845,000 after purchasing an additional 327,983 shares in the last quarter. Royce & Associates LP lifted its stake in United States Lime & Minerals by 322.3% in the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock worth $34,396,000 after purchasing an additional 268,800 shares in the last quarter. Geode Capital Management LLC lifted its stake in United States Lime & Minerals by 422.7% in the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after purchasing an additional 249,115 shares in the last quarter. State Street Corp lifted its stake in United States Lime & Minerals by 421.7% in the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock worth $23,714,000 after purchasing an additional 196,277 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its stake in United States Lime & Minerals by 352.0% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock worth $10,062,000 after purchasing an additional 80,237 shares in the last quarter. 27.12% of the stock is owned by hedge funds and other institutional investors.

United States Lime & Minerals Price Performance

Shares of NASDAQ USLM opened at $95.19 on Friday. The company has a 50 day simple moving average of $119.18 and a 200-day simple moving average of $111.09. The company has a market capitalization of $2.72 billion, a P/E ratio of 25.09 and a beta of 0.91. United States Lime & Minerals, Inc. has a 1 year low of $49.20 and a 1 year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (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 declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.25%. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio (DPR) is currently 5.27%.

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 report on Thursday, February 13th.

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.