United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Acquired by Algert Global LLC

Algert Global LLC boosted its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 601.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,650 shares of the construction company's stock after purchasing an additional 6,560 shares during the quarter. Algert Global LLC's holdings in United States Lime & Minerals were worth $747,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in United States Lime & Minerals by 537.3% during the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock valued at $571,000 after buying an additional 4,927 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of United States Lime & Minerals by 355.4% during the 3rd quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company's stock worth $1,239,000 after purchasing an additional 9,898 shares during the period. North Star Investment Management Corp. boosted its holdings in shares of United States Lime & Minerals by 400.0% during the third quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company's stock worth $6,529,000 after purchasing an additional 53,480 shares during the last quarter. Minerva Advisors LLC grew its position in shares of United States Lime & Minerals by 400.0% in the third quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company's stock valued at $608,000 after purchasing an additional 5,000 shares during the period. Finally, Victory Capital Management Inc. purchased a new position in United States Lime & Minerals during the third quarter worth about $1,791,000. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

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 research note on Tuesday, October 22nd.

Insiders Place Their Bets

In other news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction dated 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 sale, the chief executive officer now owns 125,004 shares in the company, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan O'neill sold 1,750 shares of the business's 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 in the company, valued at $1,101,072.40. This trade 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 insiders.

United States Lime & Minerals Price Performance

USLM stock traded down $0.79 on Friday, hitting $153.00. 80,250 shares of the company were exchanged, compared to its average volume of 99,620. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 44.35 and a beta of 0.82. United States Lime & Minerals, Inc. has a twelve month low of $42.40 and a twelve month high of $159.53. The business's fifty day moving average is $116.95 and its two-hundred day moving average is $89.92.

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. This represents a $0.20 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date of this dividend is Friday, November 22nd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.80%.

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.