United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Bought by State Street Corp

State Street Corp lifted its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 421.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 242,826 shares of the construction company's stock after purchasing an additional 196,277 shares during the period. State Street Corp owned about 0.85% of United States Lime & Minerals worth $23,714,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its holdings in shares of United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after buying an additional 279 shares during the period. Amalgamated Bank lifted its stake in United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock worth $35,000 after acquiring an additional 288 shares during the period. nVerses Capital LLC bought a new position in United States Lime & Minerals during the 3rd quarter worth about $49,000. FMR LLC increased its position in United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after purchasing an additional 403 shares during the period. Finally, Quest Partners LLC purchased a new position in United States Lime & Minerals during the 2nd quarter valued at about $125,000. Institutional investors own 27.12% of the company's stock.

United States Lime & Minerals Trading Up 1.6 %

Shares of NASDAQ:USLM traded up $2.14 on Monday, reaching $135.09. The company had a trading volume of 98,715 shares, compared to its average volume of 101,521. The firm has a market capitalization of $3.86 billion, a PE ratio of 39.16 and a beta of 0.88. United States Lime & Minerals, Inc. has a 52-week low of $42.87 and a 52-week high of $159.53. The firm's 50 day simple moving average is $131.97 and its 200-day simple moving average is $98.09.

United States Lime & Minerals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were paid a $0.05 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.15%. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.80%.

Insiders Place Their Bets

In other news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares in the company, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Nathan O'neill sold 1,750 shares of the business's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the transaction, the vice president now owns 7,880 shares in the company, valued at approximately $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

About United States Lime & Minerals

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.