Advisors Asset Management Inc. Purchases 29,982 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Advisors Asset Management Inc. boosted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 756.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,947 shares of the construction company's stock after acquiring an additional 29,982 shares during the quarter. Advisors Asset Management Inc. owned 0.12% of United States Lime & Minerals worth $3,315,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after acquiring an additional 279 shares during the period. Amalgamated Bank lifted its holdings in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after buying an additional 288 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of United States Lime & Minerals during the 3rd quarter valued at about $49,000. CWM LLC lifted its holdings in shares of United States Lime & Minerals by 1,104.8% during the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock valued at $92,000 after buying an additional 232 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in shares of United States Lime & Minerals during the 2nd quarter valued at about $125,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

United States Lime & Minerals Price Performance

Shares of USLM stock traded down $0.55 during trading on Friday, reaching $149.73. The company had a trading volume of 85,750 shares, compared to its average volume of 102,893. The firm's 50 day simple moving average is $110.66 and its two-hundred day simple moving average is $87.17. United States Lime & Minerals, Inc. has a one year low of $41.91 and a one year high of $151.47. The company has a market capitalization of $4.28 billion, a PE ratio of 43.40 and a beta of 0.82.

United States Lime & Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals's payout ratio is 5.80%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a report on Tuesday, October 22nd.

Insider Activity at United States Lime & Minerals

In other United States Lime & Minerals news, VP Nathan O'neill sold 1,750 shares of United States Lime & Minerals stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value 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. The trade was a 18.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the completion of the transaction, the chief executive officer now directly owns 125,004 shares in the company, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.16% of the stock is owned by company insiders.

United States Lime & Minerals Company 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.