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 company’s 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 completion of the sale, the director now owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. This trade represents a 59.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

United States Lime & Minerals Trading Up 1.7 %

Shares of United States Lime & Minerals stock opened at $96.67 on Thursday. United States Lime & Minerals, Inc. has a 1 year low of $50.28 and a 1 year high of $159.53. The company has a market cap of $2.76 billion, a P/E ratio of 25.48 and a beta of 0.91. The stock has a 50-day moving average price of $116.51 and a 200 day moving average price of $111.85.

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

Institutional Investors Weigh In On United States Lime & Minerals

A number of institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. boosted its position in United States Lime & Minerals by 537.3% during the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock valued at $571,000 after purchasing an additional 4,927 shares during the last quarter. Minerva Advisors LLC grew its stake in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company’s stock valued at $608,000 after buying an additional 5,000 shares in the last quarter. GSA Capital Partners LLP increased its holdings in United States Lime & Minerals by 355.4% in the third quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock worth $1,239,000 after buying an additional 9,898 shares during the last quarter. North Star Investment Management Corp. lifted its stake in United States Lime & Minerals by 400.0% in the third quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock valued at $6,529,000 after acquiring an additional 53,480 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in United States Lime & Minerals by 422.7% in the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company’s stock worth $30,089,000 after acquiring an additional 249,115 shares in the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Wall Street Analyst Weigh In

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

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.