United States Lime & Minerals, Inc. (NASDAQ:USLM) Short Interest Update

United States Lime & Minerals, Inc. (NASDAQ:USLM) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 267,000 shares, an increase of 26.1% from the December 31st total of 211,800 shares. Based on an average daily volume of 111,100 shares, the short-interest ratio is presently 2.4 days.

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals 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 transaction, the vice president now directly 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 disclosure for this sale can be found here. Company insiders own 2.16% of the company’s stock.

Institutional Trading of United States Lime & Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Marshall Wace LLP purchased a new stake in shares of United States Lime & Minerals during the 2nd quarter valued at $725,000. AQR Capital Management LLC boosted its holdings in shares of United States Lime & Minerals by 152.5% in the 2nd quarter. AQR Capital Management LLC now owns 9,960 shares of the construction company’s stock worth $3,627,000 after purchasing an additional 6,016 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of United States Lime & Minerals by 19.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company’s stock valued at $496,000 after purchasing an additional 217 shares during the last quarter. Algert Global LLC raised its holdings in shares of United States Lime & Minerals by 31.5% during the 2nd quarter. Algert Global LLC now owns 1,090 shares of the construction company’s stock valued at $397,000 after buying an additional 261 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in United States Lime & Minerals by 5.3% in the 3rd quarter. SG Americas Securities LLC now owns 5,885 shares of the construction company’s stock worth $575,000 after buying an additional 298 shares during the last quarter. Institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Stock Down 2.8 %

United States Lime & Minerals stock traded down $3.22 during trading on Friday, hitting $110.58. The stock had a trading volume of 523,568 shares, compared to its average volume of 107,220. The stock’s 50 day moving average is $133.58 and its two-hundred day moving average is $108.37. United States Lime & Minerals has a 1 year low of $48.38 and a 1 year high of $159.53. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 32.05 and a beta of 0.93.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings data on Wednesday, October 30th. The construction company reported $1.16 EPS for the quarter. The company had revenue of $89.43 million during the quarter. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%.

Analysts Set New Price Targets

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 Company Profile

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.