AM Investment Strategies LLC Sells 5,000 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

AM Investment Strategies LLC lessened its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 25.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,000 shares of the construction company’s stock after selling 5,000 shares during the period. AM Investment Strategies LLC’s holdings in United States Lime & Minerals were worth $1,991,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Thrivent Financial for Lutherans increased its position in shares of United States Lime & Minerals by 202.6% during the third quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock worth $47,845,000 after acquiring an additional 327,983 shares during the period. Royce & Associates LP increased its holdings in United States Lime & Minerals by 322.3% during the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock worth $34,396,000 after purchasing an additional 268,800 shares during the period. Geode Capital Management LLC lifted its holdings in shares of United States Lime & Minerals by 422.7% in the 3rd quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after buying an additional 249,115 shares during the period. State Street Corp grew its position in shares of United States Lime & Minerals by 421.7% during the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock worth $23,714,000 after buying an additional 196,277 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. increased its stake in shares of United States Lime & Minerals by 352.0% during the third quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after buying an additional 80,237 shares during the period. Institutional investors own 27.12% of the company’s stock.

Analyst Ratings Changes

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

United States Lime & Minerals Stock Performance

NASDAQ USLM opened at $116.15 on Friday. The company has a market cap of $3.32 billion, a PE ratio of 33.67 and a beta of 0.93. United States Lime & Minerals, Inc. has a 52-week low of $48.38 and a 52-week high of $159.53. The firm’s 50 day moving average price is $136.49 and its 200-day moving average price is $106.97.

United States Lime & Minerals (NASDAQ:USLM) last announced its earnings results on Wednesday, October 30th. The construction company reported $1.16 earnings per share (EPS) for the quarter. The business had revenue of $89.43 million for the quarter. United States Lime & Minerals had a return on equity of 22.95% and a net margin of 32.60%.

United States Lime & Minerals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were issued a $0.05 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.17%. United States Lime & Minerals’s dividend payout ratio is presently 5.80%.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of the stock in a transaction dated Tuesday, November 12th. The stock was 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 in the company, valued at approximately $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. The trade was a 15.12 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.16% of the company’s stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.