United States Lime & Minerals (NASDAQ:USLM) Downgraded by StockNews.com to Hold

United States Lime & Minerals (NASDAQ:USLM) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday.

United States Lime & Minerals Trading Down 4.0 %

Shares of USLM opened at $81.38 on Tuesday. United States Lime & Minerals has a 12 month low of $37.11 and a 12 month high of $85.10. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 5.82 and a beta of 0.85. The business’s fifty day simple moving average is $72.08 and its two-hundred day simple moving average is $61.76.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Tuesday, April 30th. The construction company reported $0.78 EPS for the quarter. The business had revenue of $71.69 million during the quarter. United States Lime & Minerals had a net margin of 27.91% and a return on equity of 20.70%.

Insider Buying and Selling

In related news, CEO Timothy W. Byrne sold 1,000 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $66.06, for a total value of $66,064.00. Following the completion of the sale, the chief executive officer now directly owns 147,715 shares of the company’s stock, valued at approximately $9,758,643.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Timothy W. Byrne sold 36,945 shares of United States Lime & Minerals stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $67.34, for a total transaction of $2,487,728.52. Following the sale, the chief executive officer now owns 151,900 shares of the company’s stock, valued at approximately $10,228,338.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy W. Byrne sold 1,000 shares of United States Lime & Minerals stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $66.06, for a total transaction of $66,064.00. Following the sale, the chief executive officer now owns 147,715 shares in the company, valued at approximately $9,758,643.76. The disclosure for this sale can be found here. 2.16% of the stock is owned by insiders.

Institutional Trading of United States Lime & Minerals

A number of institutional investors and hedge funds have recently bought and sold shares of USLM. BNP Paribas Financial Markets boosted its position in shares of United States Lime & Minerals by 1.7% during the 4th quarter. BNP Paribas Financial Markets now owns 2,454 shares of the construction company’s stock valued at $565,000 after acquiring an additional 42 shares during the last quarter. Linden Thomas Advisory Services LLC grew its position in United States Lime & Minerals by 1.0% in the second quarter. Linden Thomas Advisory Services LLC now owns 8,289 shares of the construction company’s stock worth $3,019,000 after acquiring an additional 84 shares in the last quarter. CWM LLC lifted its stake in shares of United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company’s stock valued at $92,000 after purchasing an additional 232 shares during the last quarter. Quest Partners LLC bought a new position in shares of United States Lime & Minerals during the 4th quarter valued at approximately $91,000. Finally, Jump Financial LLC lifted its position in United States Lime & Minerals by 23.2% in the fourth quarter. Jump Financial LLC now owns 2,300 shares of the construction company’s stock worth $530,000 after buying an additional 433 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors.

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.