Royce & Associates LP Purchases 268,800 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Royce & Associates LP increased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 322.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 352,200 shares of the construction company’s stock after acquiring an additional 268,800 shares during the period. Royce & Associates LP owned approximately 1.23% of United States Lime & Minerals worth $34,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after buying an additional 279 shares during the last quarter. Amalgamated Bank increased its holdings 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 buying an additional 288 shares during the last quarter. nVerses Capital LLC bought a new position in shares of United States Lime & Minerals in the 3rd quarter worth $49,000. CWM LLC increased its holdings in shares of United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company’s stock worth $92,000 after buying an additional 232 shares during the last quarter. Finally, Quest Partners LLC bought a new position in shares of United States Lime & Minerals in the 2nd quarter worth $125,000. Institutional investors own 27.12% of the company’s stock.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, Director Richard W. Cardin sold 12,000 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the completion of the sale, the director now owns 14,300 shares of the company’s stock, valued at $1,113,684. This represents a 45.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Nathan O’neill sold 1,750 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. This represents a 18.17 % 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 Stock Performance

Shares of United States Lime & Minerals stock opened at $141.01 on Friday. United States Lime & Minerals, Inc. has a 52-week low of $40.66 and a 52-week high of $146.70. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 40.87 and a beta of 0.82. The company has a fifty day moving average of $101.59 and a 200-day moving average of $83.49.

United States Lime & Minerals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.05 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.14%. United States Lime & Minerals’s payout ratio is currently 5.80%.

Wall Street Analyst Weigh In

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.

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.