Janney Montgomery Scott LLC Decreases Stock Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Janney Montgomery Scott LLC decreased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 6,306 shares of the construction company’s stock after selling 309 shares during the quarter. Janney Montgomery Scott LLC’s holdings in United States Lime & Minerals were worth $837,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its stake in United States Lime & Minerals by 202.6% during the third quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock valued at $47,845,000 after buying an additional 327,983 shares during the last quarter. Royce & Associates LP boosted its position in shares of United States Lime & Minerals by 322.3% during the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock valued at $34,396,000 after acquiring an additional 268,800 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of United States Lime & Minerals by 422.7% in the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock valued at $30,089,000 after purchasing an additional 249,115 shares in the last quarter. State Street Corp increased its position in United States Lime & Minerals by 421.7% in the third 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 during the last quarter. Finally, Diamond Hill Capital Management Inc. raised its stake in United States Lime & Minerals by 352.0% during the third quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after purchasing an additional 80,237 shares in the last quarter. 27.12% of the stock is owned by institutional investors.

United States Lime & Minerals Trading Down 0.2 %

USLM opened at $111.48 on Friday. The stock has a 50-day moving average of $130.29 and a 200 day moving average of $109.45. United States Lime & Minerals, Inc. has a 12 month low of $48.73 and a 12 month high of $159.53. The firm has a market cap of $3.19 billion, a P/E ratio of 32.31 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last announced 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 22.95% and a net margin of 32.60%.

United States Lime & Minerals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a yield of 0.22%. United States Lime & Minerals’s payout ratio is 6.33%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Insider Activity

In other news, VP Nathan O’neill sold 1,750 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the sale, the vice president now directly owns 7,880 shares in the company, valued at approximately $1,101,072.40. This represents a 18.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the sale, the chief executive officer now directly owns 125,004 shares of the company’s stock, valued at $17,716,816.92. This represents a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.16% of the company’s stock.

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.