United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Bought by Minerva Advisors LLC

Minerva Advisors LLC grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 400.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,250 shares of the construction company’s stock after purchasing an additional 5,000 shares during the period. Minerva Advisors LLC’s holdings in United States Lime & Minerals were worth $608,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of USLM. Farther Finance Advisors LLC raised its holdings in shares of United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after purchasing an additional 279 shares during the period. Amalgamated Bank grew its position in shares of United States Lime & Minerals by 400.0% during 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 last quarter. nVerses Capital LLC bought a new position in shares of United States Lime & Minerals during the third quarter worth about $49,000. CWM LLC grew its position in shares of United States Lime & Minerals by 1,104.8% during the second quarter. CWM LLC now owns 253 shares of the construction company’s stock worth $92,000 after acquiring an additional 232 shares during the last quarter. Finally, Quest Partners LLC bought a new position in shares of United States Lime & Minerals during the second quarter worth about $125,000. 27.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of 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 1.4 %

NASDAQ:USLM opened at $143.14 on Tuesday. United States Lime & Minerals, Inc. has a twelve month low of $41.21 and a twelve month high of $146.70. The company has a 50-day moving average of $104.17 and a 200-day moving average of $84.74. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 41.49 and a beta of 0.82.

United States Lime & Minerals Dividend Announcement

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

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Richard W. Cardin sold 12,000 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total value of $934,560.00. Following the completion of the sale, the director now directly owns 14,300 shares of the company’s stock, valued at $1,113,684. This represents a 45.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan O’neill sold 1,750 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $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. Insiders own 1.62% of the company’s stock.

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.