18,344 Shares in United States Lime & Minerals, Inc. (NASDAQ:USLM) Bought by Victory Capital Management Inc.

Victory Capital Management Inc. purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,344 shares of the construction company’s stock, valued at approximately $1,791,000.

Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in shares of United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after buying an additional 279 shares during the period. Amalgamated Bank grew its holdings in 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. nVerses Capital LLC purchased a new stake in shares of United States Lime & Minerals in the 3rd quarter valued at approximately $49,000. CWM LLC raised its holdings in shares of United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company’s stock valued at $92,000 after purchasing an additional 232 shares in the last quarter. Finally, Quest Partners LLC purchased a new stake in shares of United States Lime & Minerals during the 2nd quarter worth $125,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

United States Lime & Minerals Stock Performance

USLM opened at $149.73 on Monday. United States Lime & Minerals, Inc. has a one year low of $41.91 and a one year high of $151.47. The company has a market cap of $4.28 billion, a P/E ratio of 43.40 and a beta of 0.82. The business’s 50-day simple moving average is $110.66 and its 200-day simple moving average is $87.26.

United States Lime & Minerals Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, CEO Timothy W. Byrne sold 22,261 shares of United States Lime & Minerals 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 in the company, valued at approximately $17,716,816.92. The trade was 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 accessible through this link. Also, 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 approximately $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. 2.16% of the stock is owned by corporate insiders.

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.