Koss Olinger Consulting LLC Buys 7,836 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Koss Olinger Consulting LLC boosted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 376.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,917 shares of the construction company’s stock after buying an additional 7,836 shares during the quarter. Koss Olinger Consulting LLC’s holdings in United States Lime & Minerals were worth $968,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of USLM. Ellsworth Advisors LLC grew its position in shares of 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 purchasing an additional 7,613 shares during the last quarter. Cardinal Capital Management grew its position in shares of 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 purchasing an additional 47,444 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $49,000. Creative Planning acquired a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $258,000. Finally, Fiduciary Alliance LLC acquired a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $208,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Price Performance

Shares of NASDAQ:USLM opened at $103.75 on Monday. The company has a market capitalization of $592.31 million, a P/E ratio of 7.42 and a beta of 0.85. United States Lime & Minerals, Inc. has a 1 year low of $37.11 and a 1 year high of $105.59. The business’s 50 day simple moving average is $87.04 and its 200 day simple moving average is $76.22.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter. The business 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.19%. The ex-dividend date was Friday, August 23rd. United States Lime & Minerals’s dividend payout ratio is currently 1.43%.

Insider Buying and Selling

In related news, Director Richard W. Cardin sold 12,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $1,113,684. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

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.