Royce & Associates LP Boosts Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Royce & Associates LP lifted its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 322.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 352,200 shares of the construction company’s stock after purchasing an additional 268,800 shares during the period. Royce & Associates LP’s holdings in United States Lime & Minerals were worth $34,396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of USLM. Diamond Hill Capital Management Inc. increased its stake in shares of United States Lime & Minerals by 352.0% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock worth $10,062,000 after acquiring an additional 80,237 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of United States Lime & Minerals in the 2nd quarter worth about $21,119,000. North Star Investment Management Corp. increased its stake in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock worth $6,529,000 after acquiring an additional 53,480 shares in the last quarter. Cardinal Capital Management increased its stake in shares of United States Lime & Minerals by 422.8% in the 3rd quarter. Cardinal Capital Management now owns 58,666 shares of the construction company’s stock worth $5,729,000 after acquiring an additional 47,444 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its stake in shares of United States Lime & Minerals by 627.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 33,672 shares of the construction company’s stock worth $3,288,000 after acquiring an additional 29,045 shares in the last quarter. 27.12% of the stock is owned by hedge funds and other institutional investors.

United States Lime & Minerals Price Performance

Shares of United States Lime & Minerals stock opened at $141.01 on Friday. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 40.87 and a beta of 0.82. United States Lime & Minerals, Inc. has a 1 year low of $40.66 and a 1 year high of $146.70. The company has a 50-day moving average of $101.59 and a 200 day moving average of $83.49.

United States Lime & Minerals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.14%. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.80%.

Insider Buying and Selling at United States Lime & Minerals

In related news, VP Nathan O’neill sold 1,750 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $934,560.00. Following the sale, the director now directly owns 14,300 shares in the company, valued at $1,113,684. This trade represents a 45.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

United States Lime & Minerals Profile

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.