United States Lime & Minerals, Inc. (NASDAQ:USLM) Director Sandra C. Duhe Sells 3,157 Shares of Stock

United States Lime & Minerals, Inc. (NASDAQ:USLM) Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the transaction, the director now directly owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

United States Lime & Minerals Stock Performance

NASDAQ USLM opened at $95.07 on Wednesday. The business has a fifty day moving average price of $118.18 and a 200 day moving average price of $111.80. The company has a market cap of $2.72 billion, a P/E ratio of 25.06 and a beta of 0.91. United States Lime & Minerals, Inc. has a one year low of $50.28 and a one year high of $159.53.

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

United States Lime & Minerals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 21st will be issued a $0.06 dividend. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s dividend payout ratio is presently 6.33%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of United States Lime & Minerals

Several large investors have recently added to or reduced their stakes in the stock. Pinnacle Wealth Management LLC purchased a new stake in United States Lime & Minerals in the 4th quarter valued at $2,021,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of United States Lime & Minerals by 34.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,030 shares of the construction company’s stock worth $2,393,000 after purchasing an additional 4,592 shares during the period. Squarepoint Ops LLC purchased a new position in shares of United States Lime & Minerals during the 4th quarter worth $334,000. State of Wyoming purchased a new position in shares of United States Lime & Minerals during the 4th quarter worth $35,000. Finally, Select Equity Group L.P. grew its holdings in shares of United States Lime & Minerals by 46.3% during the 4th quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company’s stock worth $43,586,000 after purchasing an additional 103,948 shares during the period. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

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.