Koss Olinger Consulting LLC Has $968,000 Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Koss Olinger Consulting LLC increased its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 376.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,917 shares of the construction company’s stock after purchasing an additional 7,836 shares during the period. Koss Olinger Consulting LLC owned approximately 0.17% of United States Lime & Minerals worth $968,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in USLM. William Blair Investment Management LLC acquired a new stake in shares of United States Lime & Minerals during the second quarter worth $21,119,000. Cardinal Capital Management grew its stake in United States Lime & Minerals by 422.8% in the third quarter. Cardinal Capital Management now owns 58,666 shares of the construction company’s stock valued at $5,729,000 after acquiring an additional 47,444 shares during the period. Janus Henderson Group PLC grew its stake in United States Lime & Minerals by 958.4% in the first quarter. Janus Henderson Group PLC now owns 10,489 shares of the construction company’s stock valued at $3,127,000 after acquiring an additional 9,498 shares during the period. Ellsworth Advisors LLC grew its stake in United States Lime & Minerals by 375.4% in the third quarter. Ellsworth Advisors LLC now owns 9,641 shares of the construction company’s stock valued at $942,000 after acquiring an additional 7,613 shares during the period. Finally, AQR Capital Management LLC grew its stake in United States Lime & Minerals by 152.5% in the second quarter. AQR Capital Management LLC now owns 9,960 shares of the construction company’s stock valued at $3,627,000 after acquiring an additional 6,016 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Richard W. Cardin sold 12,000 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total transaction of $934,560.00. Following the sale, the director now owns 14,300 shares in the company, valued at approximately $1,113,684. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Wednesday, October 9th.

United States Lime & Minerals Trading Down 0.5 %

NASDAQ:USLM opened at $103.75 on Monday. United States Lime & Minerals, Inc. has a 1 year low of $37.11 and a 1 year high of $105.59. The stock has a market cap of $592.31 million, a price-to-earnings ratio of 7.42 and a beta of 0.85. The stock has a 50-day moving average price of $87.04 and a two-hundred day moving average price of $76.22.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.91 EPS for the quarter. The company had revenue of $76.55 million for the quarter. United States Lime & Minerals had a return on equity of 21.21% and a net margin of 29.87%.

United States Lime & Minerals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.19%. United States Lime & Minerals’s dividend payout ratio (DPR) is 1.43%.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.