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 firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

United States Lime & Minerals Trading Up 0.1 %

Shares of USLM opened at $141.21 on Friday. The firm has a market cap of $4.04 billion, a PE ratio of 40.93 and a beta of 0.82. The firm has a fifty day simple moving average of $102.88 and a two-hundred day simple moving average of $83.89. United States Lime & Minerals, Inc. has a 1-year low of $40.66 and a 1-year high of $146.70.

United States Lime & Minerals Dividend Announcement

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

Institutional Investors Weigh In On United States Lime & Minerals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC boosted its holdings in shares of United States Lime & Minerals by 1,182.8% during the 3rd quarter. Barclays PLC now owns 21,512 shares of the construction company’s stock valued at $2,101,000 after purchasing an additional 19,835 shares during the last quarter. Jane Street Group LLC increased its position in shares of United States Lime & Minerals by 356.8% during the third quarter. Jane Street Group LLC now owns 19,802 shares of the construction company’s stock worth $1,934,000 after acquiring an additional 15,467 shares during the period. State Street Corp increased its position in shares of United States Lime & Minerals by 421.7% during the third quarter. State Street Corp now owns 242,826 shares of the construction company’s stock worth $23,714,000 after acquiring an additional 196,277 shares during the period. Stifel Financial Corp increased its position in shares of United States Lime & Minerals by 309.6% during the third quarter. Stifel Financial Corp now owns 7,233 shares of the construction company’s stock worth $706,000 after acquiring an additional 5,467 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of United States Lime & Minerals during the third quarter valued at approximately $1,330,000. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised 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.