United States Lime & Minerals (NASDAQ:USLM) Posts Earnings Results

United States Lime & Minerals (NASDAQ:USLM) posted its earnings results on Monday. The construction company reported $0.94 EPS for the quarter, Zacks reports. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%.

United States Lime & Minerals Stock Down 0.1 %

USLM stock traded down $0.11 during trading on Monday, hitting $110.47. The company had a trading volume of 127,161 shares, compared to its average volume of 138,853. United States Lime & Minerals has a 52-week low of $48.38 and a 52-week high of $159.53. The firm has a market capitalization of $3.16 billion, a P/E ratio of 32.02 and a beta of 0.91. The company has a 50 day simple moving average of $132.80 and a 200-day simple moving average of $108.98.

United States Lime & Minerals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.22%. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio is currently 5.80%.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the sale, the vice president now owns 7,880 shares of the company’s stock, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy W. Byrne sold 22,261 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total value of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. The trade was a 15.12 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

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.