Janus Henderson Group PLC Buys 38,091 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Janus Henderson Group PLC boosted its position in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 330.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,612 shares of the construction company's stock after purchasing an additional 38,091 shares during the period. Janus Henderson Group PLC owned about 0.17% of United States Lime & Minerals worth $4,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in 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 valued at $30,000 after buying an additional 279 shares in the last quarter. Amalgamated Bank grew its position in shares of United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after purchasing an additional 288 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of United States Lime & Minerals during the 3rd quarter valued at $49,000. FMR LLC raised its stake in shares of 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, CWM LLC lifted its holdings in United States Lime & Minerals by 1,104.8% during the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock worth $92,000 after purchasing an additional 232 shares in the last quarter. 27.12% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Nathan O'neill sold 1,750 shares of United States Lime & Minerals stock in a transaction that occurred 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 completion of the transaction, the vice president now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the firm's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total value of $3,155,051.53. Following the transaction, the chief executive officer now directly owns 125,004 shares of the company's stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. 1.62% of the stock is owned by insiders.

Analysts Set New Price Targets

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

United States Lime & Minerals Trading Up 2.1 %

Shares of USLM stock traded up $2.95 during mid-day trading on Wednesday, reaching $146.57. The stock had a trading volume of 117,684 shares, compared to its average volume of 100,914. The firm has a market capitalization of $4.19 billion, a PE ratio of 42.48 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 stock's 50-day moving average price is $125.79 and its two-hundred day moving average price is $94.37.

United States Lime & Minerals Dividend Announcement

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

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.