Semanteon Capital Management LP Buys Shares of 5,687 United States Lime & Minerals, Inc. (NASDAQ:USLM)

Semanteon Capital Management LP purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,687 shares of the construction company's stock, valued at approximately $555,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USLM. Linden Thomas Advisory Services LLC boosted its stake in shares of United States Lime & Minerals by 1.0% during the second 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 period. The Manufacturers Life Insurance Company raised its stake in United States Lime & Minerals by 19.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company's stock valued at $496,000 after acquiring an additional 217 shares during the last quarter. CWM LLC lifted its position in United States Lime & Minerals by 1,104.8% during the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock worth $92,000 after acquiring an additional 232 shares during the period. Algert Global LLC grew its stake in shares of United States Lime & Minerals by 31.5% in 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, SG Americas Securities LLC grew its stake in shares of United States Lime & Minerals by 5.3% in the 3rd quarter. SG Americas Securities LLC now owns 5,885 shares of the construction company's stock valued at $575,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

Analysts Set New Price Targets

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 Trading Up 0.5 %

Shares of United States Lime & Minerals stock traded up $0.53 on Tuesday, reaching $106.95. 67,902 shares of the stock were exchanged, compared to its average volume of 97,868. The firm has a market capitalization of $3.06 billion, a PE ratio of 35.29 and a beta of 0.85. United States Lime & Minerals, Inc. has a 1-year low of $37.11 and a 1-year high of $108.50. The business has a fifty day moving average price of $90.38 and a two-hundred day moving average price of $78.07.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its earnings results on Wednesday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter. The company had revenue of $76.55 million for the quarter. United States Lime & Minerals had a return on equity of 21.21% and a net margin of 29.87%.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 23rd were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.19%. The ex-dividend date of this dividend was Friday, August 23rd. United States Lime & Minerals's payout ratio is 6.63%.

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Richard W. Cardin sold 12,000 shares of the company's stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the transaction, the director now directly owns 14,300 shares of the company's stock, valued at $1,113,684. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.62% of the stock is owned by corporate insiders.

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.