Sound View Wealth Advisors Group LLC Raises Stock Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Sound View Wealth Advisors Group LLC boosted its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,525 shares of the construction company’s stock after purchasing an additional 200 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in United States Lime & Minerals were worth $733,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. AlphaQuest LLC purchased a new position in United States Lime & Minerals in the fourth quarter valued at about $146,000. Inceptionr LLC bought a new position in United States Lime & Minerals during the 4th quarter worth approximately $553,000. Raymond James Financial Inc. bought a new position in United States Lime & Minerals during the 4th quarter worth approximately $3,612,000. M&T Bank Corp bought a new position in United States Lime & Minerals during the 4th quarter worth approximately $206,000. Finally, Victory Capital Management Inc. lifted its holdings in United States Lime & Minerals by 16.8% during the 4th quarter. Victory Capital Management Inc. now owns 21,425 shares of the construction company’s stock worth $2,844,000 after buying an additional 3,081 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Insider Transactions at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, the director now directly owns 2,128 shares in the company, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.16% of the company’s stock.

United States Lime & Minerals Stock Down 0.1 %

NASDAQ:USLM opened at $90.27 on Monday. The business’s 50 day moving average is $110.34 and its two-hundred day moving average is $112.84. United States Lime & Minerals, Inc. has a 52 week low of $56.10 and a 52 week high of $159.53. The company has a market cap of $2.58 billion, a PE ratio of 23.79 and a beta of 0.90.

United States Lime & Minerals (NASDAQ:USLM) last released 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 24.55% and a net margin of 34.27%.

United States Lime & Minerals Increases Dividend

The business also recently declared 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 represents a $0.24 dividend on an annualized basis and a dividend yield of 0.27%. 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. United States Lime & Minerals’s dividend payout ratio is presently 6.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Monday, March 3rd.

About United States Lime & Minerals

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.