United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. grew its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 67.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,051 shares of the construction company’s stock after buying 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.

Several other institutional investors have also modified their holdings of USLM. Global Retirement Partners LLC acquired a new position in shares of United States Lime & Minerals in the fourth quarter worth $25,000. Farther Finance Advisors LLC grew its stake in shares of United States Lime & Minerals by 900.0% in 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 grew its stake 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 in the last quarter. FMR LLC grew its stake in shares of United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after acquiring an additional 403 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in shares of United States Lime & Minerals by 3,865.7% in the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company’s stock worth $136,000 after acquiring an additional 1,353 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Wall Street Analysts Forecast Growth

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 Trading Down 5.9 %

United States Lime & Minerals stock opened at $95.19 on Friday. The stock has a market cap of $2.72 billion, a P/E ratio of 25.09 and a beta of 0.91. The company has a fifty day simple moving average of $119.18 and a 200-day simple moving average of $111.09. United States Lime & Minerals, Inc. has a 12-month low of $49.20 and a 12-month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings data 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 disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.06 per share. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.25%. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s payout ratio is 5.27%.

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.