Posted by admin on Aug 19th, 2022

United States Lime & Minerals, Inc. (NASDAQ:USLM – Get Rating) CEO Timothy W. Byrne sold 3,034 shares of United States Lime & Minerals stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $109.11, for a total transaction of $331,039.74. Following the completion of the sale, the chief executive officer now owns 34,086 shares of the company’s stock, valued at approximately $3,719,123.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

NASDAQ USLM opened at $106.99 on Friday. The company has a market cap of $607.06 million, a price-to-earnings ratio of 15.83 and a beta of 0.69. The company has a 50 day moving average of $107.83 and a 200-day moving average of $113.16. United States Lime & Minerals, Inc. has a 1-year low of $102.15 and a 1-year high of $150.00.

United States Lime & Minerals (NASDAQ:USLM – Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The construction company reported $1.80 earnings per share (EPS) for the quarter. The business had revenue of $60.49 million during the quarter. United States Lime & Minerals had a return on equity of 13.36% and a net margin of 18.03%.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, August 26th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.75%. The ex-dividend date is Thursday, August 25th. United States Lime & Minerals’s dividend payout ratio (DPR) is currently 12.01%.

Several institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans boosted its stake in shares of United States Lime & Minerals by 1.9% in the second quarter. Thrivent Financial for Lutherans now owns 320,975 shares of the construction company’s stock valued at $33,895,000 after buying an additional 5,982 shares during the period. Citadel Advisors LLC raised its position in United States Lime & Minerals by 74.2% during the second quarter. Citadel Advisors LLC now owns 3,245 shares of the construction company’s stock valued at $343,000 after purchasing an additional 1,382 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in United States Lime & Minerals by 150.5% during the second quarter. BNP Paribas Arbitrage SA now owns 486 shares of the construction company’s stock valued at $51,000 after purchasing an additional 292 shares in the last quarter. Lazard Asset Management LLC raised its position in United States Lime & Minerals by 82.1% during the second quarter. Lazard Asset Management LLC now owns 683 shares of the construction company’s stock valued at $72,000 after purchasing an additional 308 shares in the last quarter. Finally, Royce & Associates LP raised its position in United States Lime & Minerals by 10.0% during the second quarter. Royce & Associates LP now owns 152,700 shares of the construction company’s stock valued at $16,125,000 after purchasing an additional 13,930 shares in the last quarter. 25.44% of the stock is currently owned by institutional investors.

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; steel producers; oil and gas services companies; roof shingle manufacturers; and poultry and cattle feed producers.

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