Comprehensive Financial Planning Inc. PA Invests $330,000 in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Comprehensive Financial Planning Inc. PA purchased a new stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,489 shares of the construction company’s stock, valued at approximately $330,000.

Several other institutional investors have also made changes to their positions in the stock. Farther Finance Advisors LLC increased its stake 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 increased its position 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 purchasing an additional 288 shares during the period. nVerses Capital LLC bought a new position in shares of United States Lime & Minerals in the third quarter worth $49,000. FMR LLC raised its stake in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after purchasing an additional 403 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in United States Lime & Minerals by 19.0% during the second quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company’s stock worth $496,000 after purchasing an additional 217 shares during the period. 27.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Activity

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals stock in a transaction dated Tuesday, November 19th. The shares were 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 in the company, valued at $17,716,816.92. The trade was a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.16% of the stock is currently owned by corporate insiders.

United States Lime & Minerals Price Performance

Shares of USLM opened at $106.80 on Monday. The firm has a 50 day simple moving average of $128.52 and a two-hundred day simple moving average of $109.81. United States Lime & Minerals, Inc. has a one year low of $49.02 and a one year high of $159.53. The company has a market cap of $3.05 billion, a P/E ratio of 28.15 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly 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 announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.22%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio is 5.27%.

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.