United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. raised its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 478.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 5,428 shares of the construction company’s stock after purchasing an additional 4,489 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in United States Lime & Minerals were worth $530,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in USLM. Linden Thomas Advisory Services LLC raised its holdings in shares of United States Lime & Minerals by 1.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 8,289 shares of the construction company’s stock worth $3,019,000 after acquiring an additional 84 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in United States Lime & Minerals by 19.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,361 shares of the construction company’s stock valued at $496,000 after purchasing an additional 217 shares in the last quarter. CWM LLC boosted its stake in shares of United States Lime & Minerals by 1,104.8% during the 2nd quarter. CWM LLC now owns 253 shares of the construction company’s stock worth $92,000 after purchasing an additional 232 shares during the last quarter. Algert Global LLC grew its holdings in shares of United States Lime & Minerals by 31.5% during the second quarter. Algert Global LLC now owns 1,090 shares of the construction company’s stock worth $397,000 after buying an additional 261 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of United States Lime & Minerals by 5.3% in the third quarter. SG Americas Securities LLC now owns 5,885 shares of the construction company’s stock valued at $575,000 after buying an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Wednesday, October 9th.

United States Lime & Minerals Stock Down 0.5 %

Shares of NASDAQ:USLM opened at $101.35 on Tuesday. The company has a market cap of $578.61 million, a P/E ratio of 7.25 and a beta of 0.85. The business has a fifty day simple moving average of $84.52 and a 200-day simple moving average of $74.98. United States Lime & Minerals, Inc. has a 52 week low of $37.11 and a 52 week high of $102.30.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.91 EPS for the quarter. The company had revenue of $76.55 million during the quarter. United States Lime & Minerals had a return on equity of 21.21% and a net margin of 29.87%.

United States Lime & Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date was Friday, August 23rd. United States Lime & Minerals’s dividend payout ratio is currently 1.43%.

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Richard W. Cardin sold 12,000 shares of the company’s stock in a transaction on 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 in the company, valued at $1,113,684. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.16% of the stock is owned by company insiders.

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.