Ellsworth Advisors LLC Reduces Stock Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Ellsworth Advisors LLC lowered its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 5.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 9,149 shares of the construction company’s stock after selling 492 shares during the quarter. Ellsworth Advisors LLC’s holdings in United States Lime & Minerals were worth $1,214,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its stake in United States Lime & Minerals by 900.0% in the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after acquiring an additional 279 shares during the period. Amalgamated Bank raised its holdings in United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after purchasing 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 worth about $49,000. FMR LLC boosted its stake in shares of United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after purchasing an additional 403 shares in the last quarter. Finally, Algert Global LLC increased its position 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 valued at $397,000 after buying an additional 261 shares during the period. 27.12% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

United States Lime & Minerals Stock Down 0.6 %

Shares of USLM stock opened at $120.80 on Monday. The business’s fifty day moving average is $138.20 and its 200 day moving average is $106.11. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 35.01 and a beta of 0.93. United States Lime & Minerals, Inc. has a twelve month low of $43.85 and a twelve month high of $159.53.

United States Lime & Minerals Dividend Announcement

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

Insider Activity at United States Lime & Minerals

In other news, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan O’neill sold 1,750 shares of the firm’s stock in a transaction 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 transaction, the vice president now owns 7,880 shares of the company’s stock, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by corporate insiders.

United States Lime & Minerals Company Profile

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.