18,344 Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM) Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. acquired a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 18,344 shares of the construction company’s stock, valued at approximately $1,791,000. Victory Capital Management Inc. owned approximately 0.06% of United States Lime & Minerals at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC raised its stake in United States Lime & Minerals by 627.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 33,672 shares of the construction company’s stock valued at $3,288,000 after purchasing an additional 29,045 shares during the last quarter. GSA Capital Partners LLP grew its holdings in shares of United States Lime & Minerals by 355.4% during the third quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock worth $1,239,000 after buying an additional 9,898 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of United States Lime & Minerals by 352.0% in the third quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after buying an additional 80,237 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of United States Lime & Minerals by 537.3% in the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock worth $571,000 after buying an additional 4,927 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its stake in shares of United States Lime & Minerals by 400.0% in the third quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock worth $6,529,000 after buying an additional 53,480 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity

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 sale, the vice president now 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy W. Byrne sold 22,261 shares of the company’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 completion of the transaction, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. This represents a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company’s stock.

United States Lime & Minerals Stock Performance

NASDAQ:USLM opened at $149.73 on Monday. United States Lime & Minerals, Inc. has a one year low of $41.91 and a one year high of $151.47. The stock has a market cap of $4.28 billion, a PE ratio of 43.40 and a beta of 0.82. The stock has a 50 day moving average price of $110.66 and a 200 day moving average price of $87.26.

United States Lime & Minerals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 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.