Barclays PLC Increases Holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Barclays PLC raised its stake in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 1,182.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,512 shares of the construction company’s stock after buying an additional 19,835 shares during the quarter. Barclays PLC owned approximately 0.08% of United States Lime & Minerals worth $2,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in shares of United States Lime & Minerals by 900.0% in the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after purchasing an additional 279 shares during the period. Quest Partners LLC purchased a new stake in shares of United States Lime & Minerals in the 2nd quarter valued at approximately $125,000. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after buying an additional 288 shares during the period. nVerses Capital LLC acquired a new stake in shares of United States Lime & Minerals during the 3rd quarter worth approximately $49,000. Finally, FMR LLC raised its position in shares of United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after buying an additional 403 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded 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 1.1 %

Shares of NASDAQ:USLM opened at $137.79 on Friday. The business has a 50-day moving average price of $134.00 and a 200 day moving average price of $99.34. United States Lime & Minerals, Inc. has a 12-month low of $42.87 and a 12-month high of $159.53. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 39.94 and a beta of 0.88.

United States Lime & Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.15%. United States Lime & Minerals’s dividend payout ratio is currently 5.80%.

Insider Buying and Selling

In other news, CEO Timothy W. Byrne sold 22,261 shares of the firm’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 of the company’s stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 completion of the transaction, the vice president now owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This trade represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by corporate insiders.

United States Lime & Minerals Company 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.