United States Lime & Minerals, Inc. (NASDAQ:USLM) VP Sells $244,527.50 in Stock

United States Lime & Minerals, Inc. (NASDAQ:USLM) VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were 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 directly owns 7,880 shares in the company, valued at approximately $1,101,072.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

United States Lime & Minerals Stock Up 3.5 %

NASDAQ:USLM traded up $4.80 on Wednesday, reaching $142.58. The stock had a trading volume of 129,005 shares, compared to its average volume of 98,859. The company has a market capitalization of $4.08 billion, a P/E ratio of 41.00 and a beta of 0.82. United States Lime & Minerals, Inc. has a 1-year low of $40.22 and a 1-year high of $146.70. The stock has a fifty day moving average price of $100.26 and a 200-day moving average price of $83.07.

United States Lime & Minerals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be given a $0.05 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.14%. United States Lime & Minerals’s dividend payout ratio (DPR) is presently 5.80%.

Hedge Funds Weigh In On United States Lime & Minerals

A number of large investors have recently modified their holdings of USLM. State Board of Administration of Florida Retirement System acquired a new position in shares of United States Lime & Minerals during the first quarter worth approximately $607,000. Vanguard Group Inc. lifted its position in shares of United States Lime & Minerals by 2.3% during the first quarter. Vanguard Group Inc. now owns 114,041 shares of the construction company’s stock worth $34,000,000 after purchasing an additional 2,526 shares in the last quarter. Cynosure Group LLC acquired a new position in shares of United States Lime & Minerals during the first quarter worth approximately $322,000. Advisors Asset Management Inc. acquired a new position in shares of United States Lime & Minerals during the first quarter worth approximately $473,000. Finally, Janus Henderson Group PLC lifted its position in shares of United States Lime & Minerals by 958.4% during the first quarter. Janus Henderson Group PLC now owns 10,489 shares of the construction company’s stock worth $3,127,000 after purchasing an additional 9,498 shares in the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.