Sandra C. Duhe Sells 3,157 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) 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 stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the transaction, the director now 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 document filed with the SEC, which is available at this hyperlink.

United States Lime & Minerals Price Performance

Shares of United States Lime & Minerals stock opened at $95.07 on Wednesday. The business has a 50-day moving average of $118.18 and a 200 day moving average of $111.80. United States Lime & Minerals, Inc. has a 12 month low of $50.28 and a 12 month high of $159.53. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 25.06 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last announced its earnings results on Monday, February 3rd. The construction company reported $0.94 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 company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.25%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, February 21st. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On United States Lime & Minerals

A number of hedge funds have recently bought and sold shares of USLM. Thrivent Financial for Lutherans raised its position in United States Lime & Minerals by 202.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 489,909 shares of the construction company’s stock valued at $47,845,000 after purchasing an additional 327,983 shares in the last quarter. Royce & Associates LP raised its position in United States Lime & Minerals by 322.3% in the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock valued at $34,396,000 after purchasing an additional 268,800 shares in the last quarter. Geode Capital Management LLC raised its position 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 purchasing an additional 249,115 shares in the last quarter. State Street Corp raised its position in United States Lime & Minerals by 421.7% in the 3rd quarter. State Street Corp now owns 242,826 shares of the construction company’s stock valued at $23,714,000 after purchasing an additional 196,277 shares in the last quarter. Finally, Select Equity Group L.P. raised its position in United States Lime & Minerals by 46.3% in the 4th quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company’s stock valued at $43,586,000 after purchasing an additional 103,948 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

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.