2,875 Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM) Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,875 shares of the construction company's stock, valued at approximately $382,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Amalgamated Bank raised its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after purchasing an additional 288 shares during the period. Principal Financial Group Inc. raised its position in shares of 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 purchasing an additional 4,927 shares during the period. Victory Capital Management Inc. bought a new stake in shares of United States Lime & Minerals during the 3rd quarter valued at $1,791,000. Thrivent Financial for Lutherans raised its position in shares of United States Lime & Minerals by 202.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company's stock valued at $47,845,000 after purchasing an additional 327,983 shares during the period. Finally, Minerva Advisors LLC raised its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company's stock valued at $608,000 after purchasing an additional 5,000 shares during the period. Hedge funds and other institutional investors own 27.12% of the company's stock.

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Insider Buying and Selling at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the sale, the director now directly owns 2,128 shares in the company, valued at $201,330.08. The trade was a 59.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.16% of the stock is currently owned by insiders.

United States Lime & Minerals Stock Down 1.4 %

NASDAQ USLM traded down $1.32 on Friday, reaching $93.02. The company had a trading volume of 166,416 shares, compared to its average volume of 100,984. The stock has a market capitalization of $2.66 billion, a PE ratio of 24.52 and a beta of 0.90. The firm's 50 day moving average price is $103.86 and its 200 day moving average price is $113.21. United States Lime & Minerals, Inc. has a 12 month low of $57.32 and a 12 month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a $0.06 dividend. This is an increase from United States Lime & Minerals's previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Friday, February 21st. United States Lime & Minerals's payout ratio is currently 6.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research report on Friday, March 14th.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.