Ellsworth Advisors LLC Reduces Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Ellsworth Advisors LLC reduced its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 5.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,149 shares of the construction company’s stock after selling 492 shares during the period. Ellsworth Advisors LLC’s holdings in United States Lime & Minerals were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in USLM. Thrivent Financial for Lutherans grew its position in shares of United States Lime & Minerals by 202.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock valued at $47,845,000 after acquiring an additional 327,983 shares during the period. Royce & Associates LP grew its holdings in United States Lime & Minerals by 322.3% during the third quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock valued at $34,396,000 after purchasing an additional 268,800 shares during the period. Geode Capital Management LLC increased its position in United States Lime & Minerals by 422.7% in the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after buying an additional 249,115 shares in the last quarter. State Street Corp lifted its position in shares of United States Lime & Minerals by 421.7% during the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock valued at $23,714,000 after buying an additional 196,277 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its stake in shares of United States Lime & Minerals by 352.0% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after acquiring an additional 80,237 shares during the period. 27.12% of the stock is currently owned by institutional investors.

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 note on Tuesday, October 22nd.

Insiders Place Their Bets

In other news, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals 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 sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Timothy W. Byrne sold 22,261 shares of the 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. The trade was a 15.12 % 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.

United States Lime & Minerals Stock Down 0.6 %

NASDAQ:USLM opened at $120.80 on Monday. The business’s 50-day simple moving average is $138.20 and its two-hundred day simple moving average is $106.11. United States Lime & Minerals, Inc. has a 52 week low of $43.85 and a 52 week high of $159.53. The stock has a market cap of $3.45 billion, a PE ratio of 35.01 and a beta of 0.93.

United States Lime & Minerals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 22nd were issued a $0.05 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.17%. United States Lime & Minerals’s dividend payout ratio is presently 5.80%.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.