Stonegate Investment Group LLC Invests $234,000 in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Stonegate Investment Group LLC purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,765 shares of the construction company’s stock, valued at approximately $234,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Principal Financial Group Inc. grew its stake in United States Lime & Minerals by 537.3% in the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock valued at $571,000 after acquiring an additional 4,927 shares during the last quarter. Minerva Advisors LLC grew its stake in United States Lime & Minerals by 400.0% in the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company’s stock valued at $608,000 after acquiring an additional 5,000 shares during the last quarter. GSA Capital Partners LLP grew its stake in United States Lime & Minerals by 355.4% in the 3rd quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock valued at $1,239,000 after acquiring an additional 9,898 shares during the last quarter. North Star Investment Management Corp. grew its stake in United States Lime & Minerals by 400.0% in the 3rd quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock valued at $6,529,000 after acquiring an additional 53,480 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in 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 valued at $30,089,000 after acquiring an additional 249,115 shares during the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at United States Lime & Minerals

In other news, VP Nathan O’neill sold 1,750 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the transaction, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Timothy W. Byrne sold 22,261 shares of the 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 transaction, 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 disclosure for this sale can be found here. 2.16% of the stock is owned by insiders.

United States Lime & Minerals Trading Down 2.6 %

Shares of NASDAQ USLM opened at $112.27 on Thursday. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of 32.54 and a beta of 0.93. The company’s 50-day moving average price is $134.87 and its 200 day moving average price is $108.31. United States Lime & Minerals, Inc. has a 52 week low of $48.38 and a 52 week high of $159.53.

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

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.