United States Lime & Minerals, Inc. (NASDAQ:USLM) Director Sells $298,683.77 in Stock

United States Lime & Minerals, Inc. (NASDAQ:USLM) Director Sandra C. Duhe sold 3,157 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the completion of the transaction, the director now owns 2,128 shares in the company, valued at $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

United States Lime & Minerals Stock Down 4.9 %

Shares of United States Lime & Minerals stock opened at $91.97 on Friday. The firm has a market cap of $2.63 billion, a PE ratio of 24.24 and a beta of 0.91. United States Lime & Minerals, Inc. has a 52 week low of $50.28 and a 52 week high of $159.53. The business’s fifty day simple moving average is $115.68 and its 200-day simple moving average is $111.72.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Monday, February 3rd. The construction company reported $0.94 EPS for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be given a $0.06 dividend. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date is Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a yield of 0.26%. United States Lime & Minerals’s payout ratio is presently 6.33%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in shares of United States Lime & Minerals in the 4th quarter valued at $25,000. State of Wyoming purchased a new position in shares of United States Lime & Minerals in the fourth quarter valued at approximately $35,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of United States Lime & Minerals in the fourth quarter valued at approximately $36,000. Farther Finance Advisors LLC increased its stake in United States Lime & Minerals by 900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after buying an additional 279 shares during the period. Finally, Amalgamated Bank lifted its holdings in United States Lime & Minerals by 400.0% during the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after buying an additional 288 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com cut United States Lime & Minerals from a “buy” rating to a “hold” rating in a report on Thursday, February 13th.

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.