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

Barclays PLC raised its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 1,182.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,512 shares of the construction company’s stock after purchasing an additional 19,835 shares during the period. Barclays PLC’s holdings in United States Lime & Minerals were worth $2,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. The Manufacturers Life Insurance Company grew its stake in shares of 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 purchasing an additional 217 shares in the last quarter. Algert Global LLC boosted its position in shares of United States Lime & Minerals by 31.5% during the 2nd quarter. Algert Global LLC now owns 1,090 shares of the construction company’s stock worth $397,000 after acquiring an additional 261 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after acquiring an additional 279 shares during the last quarter. Amalgamated Bank raised its position in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after acquiring an additional 288 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of United States Lime & Minerals by 5.3% during the 3rd quarter. SG Americas Securities LLC now owns 5,885 shares of the construction company’s stock worth $575,000 after acquiring an additional 298 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

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 that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals 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 trade represents a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

United States Lime & Minerals Trading Up 1.1 %

Shares of United States Lime & Minerals stock opened at $137.79 on Friday. The company has a fifty day simple moving average of $134.00 and a 200-day simple moving average 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 stock has a market cap of $3.94 billion, a price-to-earnings ratio of 39.94 and a beta of 0.88.

United States Lime & Minerals Announces Dividend

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

Analyst Upgrades and Downgrades

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

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.