Cwm LLC Purchases 1,750 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Cwm LLC increased its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 691.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,003 shares of the construction company’s stock after buying an additional 1,750 shares during the period. Cwm LLC’s holdings in United States Lime & Minerals were worth $196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quest Partners LLC bought a new position in shares of United States Lime & Minerals during the second quarter valued at about $125,000. Arizona State Retirement System bought a new stake in United States Lime & Minerals during the 2nd quarter valued at approximately $233,000. Principal Financial Group Inc. purchased a new position in shares of United States Lime & Minerals during the first quarter valued at approximately $249,000. Cynosure Group LLC purchased a new position in shares of United States Lime & Minerals during the first quarter valued at approximately $322,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in United States Lime & Minerals in the 2nd quarter worth approximately $342,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Trading Down 1.0 %

Shares of NASDAQ USLM opened at $101.97 on Thursday. The firm’s 50-day moving average price is $88.77 and its 200-day moving average price is $77.00. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 33.81 and a beta of 0.85. United States Lime & Minerals, Inc. has a 12-month low of $37.11 and a 12-month high of $105.59.

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

United States Lime & Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 23rd were paid a $0.05 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.20%. United States Lime & Minerals’s dividend payout ratio is currently 6.63%.

Insider Buying and Selling

In related 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 completion of the sale, the director now directly owns 14,300 shares in the company, valued at $1,113,684. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday.

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.