United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne Sells 22,261 Shares

United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne sold 22,261 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total value of $3,155,051.53. Following the sale, the chief executive officer now directly owns 125,004 shares in the company, valued at approximately $17,716,816.92. The trade was a 15.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

United States Lime & Minerals Stock Down 0.4 %

NASDAQ:USLM opened at $149.73 on Friday. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 43.57 and a beta of 0.82. United States Lime & Minerals, Inc. has a 52 week low of $41.91 and a 52 week high of $151.47. The firm has a 50 day moving average of $109.36 and a 200 day moving average of $86.63.

United States Lime & Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.13%. United States Lime & Minerals’s dividend payout ratio is presently 5.80%.

Institutional Trading of United States Lime & Minerals

Institutional investors have recently made changes to their positions in the business. CWM LLC raised its stake in United States Lime & Minerals by 1,104.8% in the second quarter. CWM LLC now owns 253 shares of the construction company’s stock valued at $92,000 after buying an additional 232 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after acquiring an additional 279 shares in the last quarter. Quest Partners LLC purchased a new position in shares of United States Lime & Minerals in the 2nd quarter valued at approximately $125,000. Amalgamated Bank boosted its stake in United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after purchasing an additional 288 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in United States Lime & Minerals during the 3rd quarter worth approximately $49,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

Analysts Set New Price Targets

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

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.