Denali Advisors LLC Has $461,000 Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Denali Advisors LLC decreased its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,000 shares of the construction company’s stock after selling 600 shares during the period. Denali Advisors LLC’s holdings in United States Lime & Minerals were worth $461,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Arbitrage SA raised its holdings in shares of United States Lime & Minerals by 150.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 486 shares of the construction company’s stock worth $51,000 after acquiring an additional 292 shares during the last quarter. UBS Group AG lifted its holdings in shares of United States Lime & Minerals by 28,950.0% in the fourth quarter. UBS Group AG now owns 581 shares of the construction company’s stock valued at $82,000 after purchasing an additional 579 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $102,000. Qube Research & Technologies Ltd purchased a new position in shares of United States Lime & Minerals during the third quarter valued at approximately $104,000. Finally, BNP Paribas Arbitrage SNC raised its position in United States Lime & Minerals by 142.0% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 1,176 shares of the construction company’s stock valued at $120,000 after buying an additional 690 shares during the last quarter. 27.12% of the stock is owned by institutional investors.

United States Lime & Minerals Stock Performance

USLM traded up $0.69 during mid-day trading on Friday, reaching $298.14. 21,121 shares of the stock were exchanged, compared to its average volume of 24,467. United States Lime & Minerals, Inc. has a 1 year low of $145.34 and a 1 year high of $307.48. The stock has a market capitalization of $1.70 billion, a PE ratio of 22.83 and a beta of 0.79. The company has a 50 day moving average price of $267.90 and a two-hundred day moving average price of $231.79.

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 during 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 business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were issued a $0.25 dividend. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.20. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend was Thursday, February 22nd. United States Lime & Minerals’s payout ratio is 7.66%.

Insider Activity at United States Lime & Minerals

In related news, Director Sandra C. Duhe sold 427 shares of United States Lime & Minerals stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $291.02, for a total value of $124,265.54. Following the completion of the transaction, the director now directly owns 457 shares in the company, valued at approximately $132,996.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Timothy W. Byrne sold 5,979 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 31,638 shares in the company, valued at $8,202,784.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sandra C. Duhe sold 427 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $291.02, for a total value of $124,265.54. Following the transaction, the director now owns 457 shares in the company, valued at $132,996.14. The disclosure for this sale can be found here. 2.16% of the stock is owned by company insiders.

United States Lime & Minerals 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.