Farther Finance Advisors LLC Acquires 279 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Farther Finance Advisors LLC increased its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 900.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 310 shares of the construction company’s stock after purchasing an additional 279 shares during the period. Farther Finance Advisors LLC’s holdings in United States Lime & Minerals were worth $30,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its stake in United States Lime & Minerals by 19.0% during the second quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company’s stock worth $496,000 after buying an additional 217 shares during the period. Semanteon Capital Management LP purchased a new position in United States Lime & Minerals during the third quarter worth $555,000. Creative Planning purchased a new position in United States Lime & Minerals during the third quarter worth $258,000. Koss Olinger Consulting LLC boosted its stake in United States Lime & Minerals by 376.5% during the third quarter. Koss Olinger Consulting LLC now owns 9,917 shares of the construction company’s stock worth $968,000 after buying an additional 7,836 shares during the period. Finally, nVerses Capital LLC purchased a new position in United States Lime & Minerals during the third quarter worth $49,000. Institutional investors own 27.12% of the company’s stock.

Insider Activity

In related news, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard W. Cardin sold 12,000 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total transaction of $934,560.00. Following the completion of the sale, the director now directly owns 14,300 shares of the company’s stock, valued at approximately $1,113,684. This trade represents a 45.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.16% of the company’s stock.

Analyst Ratings Changes

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

United States Lime & Minerals Trading Up 0.1 %

Shares of USLM opened at $141.21 on Friday. The firm has a market capitalization of $4.04 billion, a P/E ratio of 40.99 and a beta of 0.82. United States Lime & Minerals, Inc. has a 12-month low of $40.66 and a 12-month high of $146.70. The firm has a fifty day moving average price of $102.88 and a 200-day moving average price of $83.89.

United States Lime & Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals’s dividend payout ratio is currently 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.