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 firm’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 value of $298,683.77. Following the completion of the transaction, the director now directly owns 2,128 shares in the company, valued at $201,330.08. The trade was a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

United States Lime & Minerals Price Performance

Shares of USLM opened at $96.67 on Thursday. The company has a market capitalization of $2.76 billion, a PE ratio of 25.48 and a beta of 0.91. United States Lime & Minerals, Inc. has a one year low of $50.28 and a one year high of $159.53. The company’s fifty day moving average price is $116.51 and its 200 day moving average price is $111.85.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings data 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 firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.06 per share. 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 dividend yield of 0.25%. United States Lime & Minerals’s payout ratio is 6.33%.

Institutional Investors Weigh In On United States Lime & Minerals

Several hedge funds have recently modified their holdings of USLM. Global Retirement Partners LLC bought a new position in United States Lime & Minerals during the fourth quarter worth $25,000. Sound View Wealth Advisors Group LLC increased its holdings in shares of United States Lime & Minerals by 3.8% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company’s stock worth $733,000 after purchasing an additional 200 shares during the period. State of Wyoming bought a new position in shares of United States Lime & Minerals during the 4th quarter worth about $35,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of United States Lime & Minerals in the fourth quarter valued at about $36,000. Finally, 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. 27.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research report 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.