Heritage Investors Management Corp Purchases 24,980 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Heritage Investors Management Corp increased its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 398.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,245 shares of the construction company's stock after purchasing an additional 24,980 shares during the quarter. Heritage Investors Management Corp owned 0.11% of United States Lime & Minerals worth $3,051,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Linden Thomas Advisory Services LLC lifted its position in shares of United States Lime & Minerals by 1.0% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 8,289 shares of the construction company's stock worth $3,019,000 after buying an additional 84 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of United States Lime & Minerals by 19.0% in the second quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company's stock worth $496,000 after acquiring an additional 217 shares during the last quarter. CWM LLC boosted its stake in shares of United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock valued at $92,000 after purchasing an additional 232 shares in the last quarter. Algert Global LLC grew 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 purchasing an additional 261 shares during the last quarter. Finally, Farther Finance Advisors LLC increased 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 purchasing an additional 279 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

United States Lime & Minerals Price Performance

USLM stock traded up $15.91 during midday trading on Wednesday, reaching $137.25. 150,309 shares of the stock were exchanged, compared to its average volume of 98,386. The stock has a market capitalization of $3.92 billion, a PE ratio of 39.78 and a beta of 0.82. United States Lime & Minerals, Inc. has a 52 week low of $37.11 and a 52 week high of $139.03. The company has a fifty day moving average price of $95.40 and a 200 day moving average price of $80.69.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be issued a $0.05 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.15%. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.80%.

Insider Buying and Selling

In other United States Lime & Minerals news, Director Richard W. Cardin sold 12,000 shares of the company's stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total value of $934,560.00. Following the completion of the transaction, the director now directly owns 14,300 shares in the company, valued at approximately $1,113,684. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.62% of the stock is owned by corporate insiders.

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.