UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 9,834 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 272.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,438 shares of the construction company's stock after purchasing an additional 9,834 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in United States Lime & Minerals were worth $1,312,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of USLM. Farther Finance Advisors LLC lifted its stake in shares of United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock valued at $30,000 after buying an additional 279 shares in the last quarter. Amalgamated Bank raised its holdings in 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 acquiring an additional 288 shares during the period. nVerses Capital LLC purchased a new stake in shares of United States Lime & Minerals during the third quarter worth $49,000. FMR LLC boosted its holdings in shares of United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company's stock worth $49,000 after acquiring an additional 403 shares during the period. Finally, Quest Partners LLC purchased a new position in shares of United States Lime & Minerals in the second quarter valued at $125,000. Hedge funds and other institutional investors own 27.12% of the company's stock.

Analyst Ratings Changes

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

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. This trade represents a 15.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan O'neill sold 1,750 shares of the company's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now owns 7,880 shares of the company's stock, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.16% of the company's stock.

United States Lime & Minerals Trading Down 5.5 %

Shares of United States Lime & Minerals stock traded down $7.79 on Wednesday, reaching $133.61. The stock had a trading volume of 103,011 shares, compared to its average volume of 100,743. The business's 50 day moving average is $129.91 and its two-hundred day moving average is $96.70. United States Lime & Minerals, Inc. has a 1 year low of $42.87 and a 1 year high of $159.53. The company has a market cap of $3.82 billion, a P/E ratio of 38.73 and a beta of 0.89.

United States Lime & Minerals Announces Dividend

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

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.