United States Lime & Minerals, Inc. (NASDAQ:USLM) Stock Holdings Increased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 537.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,844 shares of the construction company’s stock after purchasing an additional 4,927 shares during the period. Principal Financial Group Inc.’s holdings in United States Lime & Minerals were worth $571,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after purchasing an additional 279 shares during the last quarter. Amalgamated Bank boosted its holdings in United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after purchasing an additional 288 shares in the last quarter. nVerses Capital LLC acquired a new position in United States Lime & Minerals during the third quarter worth $49,000. FMR LLC raised its holdings in United States Lime & Minerals by 403.0% during the third quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after buying an additional 403 shares in the last quarter. Finally, Quest Partners LLC acquired a new stake in shares of United States Lime & Minerals in the second quarter worth about $125,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction on 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 in the company, valued at $1,101,072.40. This represents a 18.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the sale, the chief executive officer now owns 125,004 shares of the company’s stock, valued at $17,716,816.92. This trade represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. 2.16% of the stock is owned by insiders.

United States Lime & Minerals Trading Up 0.7 %

USLM opened at $122.97 on Monday. The stock has a market cap of $3.52 billion, a PE ratio of 35.64 and a beta of 0.93. United States Lime & Minerals, Inc. has a 1 year low of $42.87 and a 1 year high of $159.53. The stock’s 50 day simple moving average is $137.89 and its 200-day simple moving average is $102.42.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date of this dividend was Friday, November 22nd. United States Lime & Minerals’s dividend payout ratio is 5.80%.

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.