North Star Investment Management Corp. Grows Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

North Star Investment Management Corp. grew its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 400.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,850 shares of the construction company's stock after purchasing an additional 53,480 shares during the quarter. North Star Investment Management Corp. owned approximately 0.23% of United States Lime & Minerals worth $6,529,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. CWM LLC increased its holdings in United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock worth $92,000 after acquiring an additional 232 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after buying an additional 279 shares in the last quarter. Quest Partners LLC purchased a new stake in shares of United States Lime & Minerals during the second quarter worth $125,000. Amalgamated Bank grew its holdings in shares of 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. Finally, nVerses Capital LLC purchased a new stake in shares of United States Lime & Minerals during the third quarter worth $49,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other United States Lime & Minerals news, Director Richard W. Cardin sold 12,000 shares of the company's stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total value of $934,560.00. Following the transaction, the director now owns 14,300 shares of the company's stock, valued at $1,113,684. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.16% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of USLM stock traded up $10.78 on Tuesday, hitting $121.34. 111,727 shares of the stock traded hands, compared to its average volume of 98,136. The firm's 50-day moving average price is $93.38 and its two-hundred day moving average price is $79.85. The stock has a market capitalization of $3.47 billion, a PE ratio of 34.78 and a beta of 0.82. United States Lime & Minerals, Inc. has a twelve month low of $37.11 and a twelve month high of $121.78.

United States Lime & Minerals Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.16%. United States Lime & Minerals's payout ratio is 5.80%.

Analysts Set New Price Targets

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

United States Lime & Minerals 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.