Fiduciary Alliance LLC Takes Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Fiduciary Alliance LLC purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,125 shares of the construction company’s stock, valued at approximately $208,000.

Other large investors have also recently bought and sold shares of the company. William Blair Investment Management LLC purchased a new stake in United States Lime & Minerals in the 2nd quarter worth approximately $21,119,000. Janus Henderson Group PLC raised its holdings in shares of United States Lime & Minerals by 958.4% during the first quarter. Janus Henderson Group PLC now owns 10,489 shares of the construction company’s stock worth $3,127,000 after acquiring an additional 9,498 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of United States Lime & Minerals by 152.5% during the second quarter. AQR Capital Management LLC now owns 9,960 shares of the construction company’s stock worth $3,627,000 after acquiring an additional 6,016 shares in the last quarter. SG Americas Securities LLC boosted its position in United States Lime & Minerals by 1,505.5% during the second quarter. SG Americas Securities LLC now owns 5,587 shares of the construction company’s stock valued at $2,035,000 after purchasing an additional 5,239 shares during the last quarter. Finally, Aptus Capital Advisors LLC purchased a new position in United States Lime & Minerals in the second quarter valued at about $1,685,000. 27.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Wednesday, October 9th.

United States Lime & Minerals Stock Down 0.1 %

NASDAQ USLM opened at $101.25 on Wednesday. The company has a 50 day moving average price of $85.09 and a two-hundred day moving average price of $75.28. United States Lime & Minerals, Inc. has a 12-month low of $37.11 and a 12-month high of $103.96. The stock has a market capitalization of $578.04 million, a PE ratio of 7.24 and a beta of 0.85.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings data on Wednesday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter. The firm had revenue of $76.55 million during the quarter. United States Lime & Minerals had a net margin of 29.87% and a return on equity of 21.21%.

United States Lime & Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 23rd were issued a $0.05 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.20 annualized dividend and a yield of 0.20%. United States Lime & Minerals’s dividend payout ratio (DPR) is currently 1.43%.

Insiders Place Their Bets

In other news, Director Richard W. Cardin sold 12,000 shares of United States Lime & Minerals 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 transaction, the director now owns 14,300 shares of the company’s stock, valued at $1,113,684. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.16% 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.