Townsquare Capital LLC Purchases Shares of 2,086 United States Lime & Minerals, Inc. (NASDAQ:USLM)

Townsquare Capital LLC purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 3rd quarter, HoldingsChannel reports. The firm purchased 2,086 shares of the construction company’s stock, valued at approximately $204,000.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of United States Lime & Minerals by 402.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,749 shares of the construction company’s stock valued at $757,000 after buying an additional 6,206 shares during the period. FMR LLC raised its holdings in United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after purchasing an additional 403 shares during the period. Quantbot Technologies LP raised its holdings in United States Lime & Minerals by 3,865.7% in the 3rd quarter. Quantbot Technologies LP now owns 1,388 shares of the construction company’s stock worth $136,000 after purchasing an additional 1,353 shares during the period. The Manufacturers Life Insurance Company raised its holdings in United States Lime & Minerals by 376.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 6,489 shares of the construction company’s stock worth $634,000 after purchasing an additional 5,128 shares during the period. Finally, Algert Global LLC raised its holdings in United States Lime & Minerals by 601.8% in the 3rd quarter. Algert Global LLC now owns 7,650 shares of the construction company’s stock worth $747,000 after purchasing an additional 6,560 shares during the period. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Price Performance

Shares of United States Lime & Minerals stock opened at $152.54 on Friday. The business has a 50 day simple moving average of $122.76 and a two-hundred day simple moving average of $92.81. United States Lime & Minerals, Inc. has a 12 month low of $42.87 and a 12 month high of $159.53. The stock has a market capitalization of $4.36 billion, a P/E ratio of 44.21 and a beta of 0.89.

United States Lime & Minerals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.13%. United States Lime & Minerals’s payout ratio is currently 5.80%.

Analyst Ratings Changes

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

Insider Buying and Selling at United States Lime & Minerals

In other news, CEO Timothy W. Byrne sold 22,261 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the completion of the sale, the chief executive officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction that occurred on 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 owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This trade represents a 18.17 % 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.

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.