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 that occurred on Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, 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 Securities & Exchange Commission, which is accessible through this link.

United States Lime & Minerals Stock Performance

Shares of USLM stock traded up $1.22 during trading on Tuesday, hitting $95.07. 94,780 shares of the company were exchanged, compared to its average volume of 132,819. The business’s 50-day simple moving average is $118.18 and its 200 day simple moving average is $111.80. United States Lime & Minerals, Inc. has a twelve month low of $50.28 and a twelve month high of $159.53. The firm 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 posted its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share 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 paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.25%. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 6.33%.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On United States Lime & Minerals

A number of institutional investors have recently made changes to their positions in USLM. Global Retirement Partners LLC acquired a new stake in United States Lime & Minerals in the 4th quarter worth $25,000. Farther Finance Advisors LLC lifted its stake in shares of United States Lime & Minerals by 900.0% in the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after buying an additional 279 shares during the period. Amalgamated Bank grew its position in United States Lime & Minerals by 400.0% during the third 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. State of Wyoming bought a new position in United States Lime & Minerals during the fourth quarter valued at about $35,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in United States Lime & Minerals in the 4th quarter valued at approximately $36,000. 27.12% of the stock is currently owned by institutional investors.

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.