MetLife Investment Management LLC Raises Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

MetLife Investment Management LLC lifted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 400.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,120 shares of the construction company's stock after buying an additional 4,896 shares during the period. MetLife Investment Management LLC's holdings in United States Lime & Minerals were worth $598,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Principal Financial Group Inc. raised its stake 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 grew its holdings in shares of United States Lime & Minerals by 355.4% in the third quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company's stock worth $1,239,000 after acquiring an additional 9,898 shares during the period. Minerva Advisors LLC increased its position in United States Lime & Minerals by 400.0% during the third quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company's stock valued at $608,000 after acquiring an additional 5,000 shares during the last quarter. North Star Investment Management Corp. increased its position in 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 valued at $6,529,000 after acquiring an additional 53,480 shares during the last quarter. Finally, Victory Capital Management Inc. bought a new position in United States Lime & Minerals in the third quarter valued at about $1,791,000. 27.12% of the stock is currently owned by institutional investors.

Insider Transactions at United States Lime & Minerals

In other news, VP Nathan O'neill sold 1,750 shares of the company's stock in a transaction dated 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 transaction, the vice president now owns 7,880 shares of the company's stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 shares were sold at an average price of $141.73, for a total value of $3,155,051.53. Following the sale, the chief executive officer now directly owns 125,004 shares in the company, valued at $17,716,816.92. This trade represents 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 company insiders.

United States Lime & Minerals Trading Up 1.4 %

NASDAQ USLM traded up $2.09 during trading hours on Friday, hitting $152.54. 106,701 shares of the company's stock traded hands, compared to its average volume of 114,373. United States Lime & Minerals, Inc. has a 52 week low of $42.87 and a 52 week high of $159.53. The firm has a market capitalization of $4.36 billion, a P/E ratio of 44.21 and a beta of 0.89. The business's fifty day moving average price is $122.76 and its two-hundred day moving average price is $92.81.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders 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 dividend yield of 0.13%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals's payout ratio is 5.80%.

Analyst Ratings Changes

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

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.