BNP Paribas Financial Markets Purchases 6,206 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

BNP Paribas Financial Markets boosted its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 402.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,749 shares of the construction company's stock after purchasing an additional 6,206 shares during the period. BNP Paribas Financial Markets' holdings in United States Lime & Minerals were worth $757,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CWM LLC raised its holdings in United States Lime & Minerals by 1,104.8% during the second quarter. CWM LLC now owns 253 shares of the construction company's stock valued at $92,000 after acquiring an additional 232 shares during the period. Farther Finance Advisors LLC lifted its holdings in United States Lime & Minerals by 900.0% in 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. Quest Partners LLC purchased a new stake in United States Lime & Minerals during the 2nd quarter valued at approximately $125,000. Amalgamated Bank lifted its holdings in shares of United States Lime & Minerals by 400.0% in 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. Finally, nVerses Capital LLC purchased a new position in shares of United States Lime & Minerals in the third quarter worth $49,000. 27.12% of the stock is currently owned by institutional investors.

United States Lime & Minerals Price Performance

Shares of USLM stock traded up $2.56 during trading hours on Thursday, hitting $149.13. The stock had a trading volume of 73,649 shares, compared to its average volume of 100,800. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 43.23 and a beta of 0.89. United States Lime & Minerals, Inc. has a one year low of $42.87 and a one year high of $159.53. The stock's 50-day moving average price is $125.79 and its two-hundred day moving average price is $94.37.

United States Lime & Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.13%. United States Lime & Minerals's dividend payout ratio (DPR) is 5.80%.

Wall Street Analysts Forecast Growth

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.

Insider Activity

In other news, VP Nathan O'neill sold 1,750 shares of the firm'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 completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 owns 125,004 shares of the company's stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company's stock.

About United States Lime & Minerals

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.