AM Investment Strategies LLC lowered its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 25.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,000 shares of the construction company's stock after selling 5,000 shares during the quarter. AM Investment Strategies LLC owned about 0.05% of United States Lime & Minerals worth $1,991,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in USLM. Farther Finance Advisors LLC increased its holdings 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 purchasing an additional 279 shares in the last quarter. Amalgamated Bank grew its holdings in United States Lime & Minerals by 400.0% during the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock worth $35,000 after buying an additional 288 shares in the last quarter. nVerses Capital LLC bought a new position in shares of United States Lime & Minerals during the third quarter valued at about $49,000. FMR LLC boosted its stake in shares of United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after buying an additional 403 shares during the last quarter. Finally, Quantbot Technologies LP boosted its position in United States Lime & Minerals by 3,865.7% in the third quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company's stock worth $136,000 after purchasing an additional 1,353 shares during the last quarter. Institutional investors own 27.12% of the company's stock.
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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 125,004 shares of the company's stock, valued at $17,716,816.92. The trade was a 15.12 % decrease in their position. The disclosure for this sale can be found here. 2.16% of the stock is currently owned by insiders.
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 report on Tuesday, October 22nd.
Get Our Latest Stock Analysis on United States Lime & Minerals
United States Lime & Minerals Stock Performance
United States Lime & Minerals stock traded down $2.53 during mid-day trading on Friday, reaching $116.15. The company's stock had a trading volume of 138,786 shares, compared to its average volume of 91,879. The company has a market capitalization of $3.32 billion, a P/E ratio of 33.67 and a beta of 0.93. United States Lime & Minerals, Inc. has a 12-month low of $48.38 and a 12-month high of $159.53. The firm's fifty day moving average price is $135.98 and its two-hundred day moving average price is $107.28.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The construction company reported $1.16 EPS for the quarter. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%. The company had revenue of $89.43 million during the quarter.
United States Lime & Minerals Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.17%. United States Lime & Minerals's payout ratio is currently 5.80%.
United States Lime & Minerals Company Profile
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Free Report)
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.
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