Delta Financial Group Inc. Makes New $265,000 Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Delta Financial Group Inc. 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 2,000 shares of the construction company’s stock, valued at approximately $265,000.

Other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new position in United States Lime & Minerals in the fourth quarter valued at $25,000. Farther Finance Advisors LLC grew its holdings in United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after acquiring an additional 279 shares during the period. Amalgamated Bank raised its position in shares of United States Lime & Minerals by 400.0% in the 3rd 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 lifted 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 during the period. Finally, Quantbot Technologies LP boosted its position 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 in the last quarter. 27.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded United States Lime & Minerals from a “buy” rating to a “hold” rating in a report on Thursday, February 13th.

United States Lime & Minerals Stock Down 5.9 %

NASDAQ:USLM opened at $95.19 on Monday. United States Lime & Minerals, Inc. has a twelve month low of $49.20 and a twelve month high of $159.53. The company has a fifty day moving average of $119.18 and a 200-day moving average of $111.65. The firm 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 (NASDAQ:USLM) last announced its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share 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. Shareholders of record on Friday, February 21st will be issued a $0.06 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 0.25%. 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 is presently 6.33%.

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.