Royce & Associates LP Grows Stock Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Royce & Associates LP grew its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 322.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 352,200 shares of the construction company's stock after acquiring an additional 268,800 shares during the period. Royce & Associates LP owned about 1.23% of United States Lime & Minerals worth $34,396,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Diamond Hill Capital Management Inc. boosted its stake in shares of United States Lime & Minerals by 352.0% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company's stock valued at $10,062,000 after buying an additional 80,237 shares during the period. William Blair Investment Management LLC purchased a new stake in United States Lime & Minerals during the second quarter worth approximately $21,119,000. North Star Investment Management Corp. boosted its holdings in United States Lime & Minerals by 400.0% in 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 purchasing an additional 53,480 shares in the last quarter. Cardinal Capital Management increased its stake in United States Lime & Minerals by 422.8% in the third quarter. Cardinal Capital Management now owns 58,666 shares of the construction company's stock valued at $5,729,000 after purchasing an additional 47,444 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of United States Lime & Minerals by 627.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 33,672 shares of the construction company's stock valued at $3,288,000 after buying an additional 29,045 shares in the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

Insider Activity at United States Lime & Minerals

In other news, VP Nathan O'neill sold 1,750 shares of the company's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the transaction, the vice president now directly owns 7,880 shares of the company's stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard W. Cardin sold 12,000 shares of the firm's stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the completion of the sale, the director now owns 14,300 shares of the company's stock, valued at $1,113,684. This trade represents a 45.63 % decrease in their position. The disclosure for this sale can be found here. 2.16% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

United States Lime & Minerals Stock Up 0.1 %

NASDAQ:USLM traded up $0.20 during midday trading on Friday, reaching $141.21. The stock had a trading volume of 56,339 shares, compared to its average volume of 98,644. The stock has a market cap of $4.04 billion, a P/E ratio of 40.99 and a beta of 0.82. The firm has a fifty day simple moving average of $102.88 and a two-hundred day simple moving average of $83.89. United States Lime & Minerals, Inc. has a 12-month low of $40.66 and a 12-month high of $146.70.

United States Lime & Minerals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.14%. United States Lime & Minerals's dividend payout ratio is currently 5.80%.

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.