United States Lime & Minerals (USLM) Upgraded at BidaskClub

United States Lime & Minerals (NASDAQ:USLM) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Friday.

Separately, ValuEngine downgraded United States Lime & Minerals from a “hold” rating to a “sell” rating in a report on Thursday, July 26th.

Shares of NASDAQ:USLM opened at $74.65 on Friday. United States Lime & Minerals has a 12-month low of $70.56 and a 12-month high of $87.63. The company has a market capitalization of $418.98 million, a price-to-earnings ratio of 21.45 and a beta of 1.00.

In other news, Director Richard W. Cardin sold 800 shares of the company’s stock in a transaction that occurred on Friday, November 16th. The stock was sold at an average price of $75.00, for a total transaction of $60,000.00. Following the completion of the transaction, the director now directly owns 4,166 shares of the company’s stock, valued at approximately $312,450. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.57% of the company’s stock.

Several hedge funds have recently made changes to their positions in USLM. Victory Capital Management Inc. raised its stake in shares of United States Lime & Minerals by 16.0% during the 2nd quarter. Victory Capital Management Inc. now owns 5,474 shares of the construction company’s stock worth $459,000 after buying an additional 754 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of United States Lime & Minerals by 20.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 10,200 shares of the construction company’s stock worth $856,000 after buying an additional 1,730 shares during the period. Assenagon Asset Management S.A. acquired a new position in shares of United States Lime & Minerals during the 3rd quarter worth approximately $891,000. Bank of New York Mellon Corp raised its stake in shares of United States Lime & Minerals by 2.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 30,423 shares of the construction company’s stock worth $2,402,000 after buying an additional 786 shares during the period. Finally, Dalton Greiner Hartman Maher & Co. raised its stake in shares of United States Lime & Minerals by 7.8% during the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 55,202 shares of the construction company’s stock worth $4,358,000 after buying an additional 3,992 shares during the period. 25.03% of the stock is owned by institutional investors and hedge funds.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It operates through two segments, Lime and Limestone Operations, and Natural Gas Interests. The Lime and Limestone Operations segment extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry.

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