United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne Sells 22,261 Shares

United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne sold 22,261 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the transaction, the chief executive officer now directly owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

United States Lime & Minerals Price Performance

USLM stock traded down $3.12 during midday trading on Friday, hitting $147.16. The stock had a trading volume of 20,331 shares, compared to its average volume of 98,468. The firm has a market cap of $4.21 billion, a PE ratio of 43.57 and a beta of 0.82. United States Lime & Minerals, Inc. has a 12-month low of $41.91 and a 12-month high of $151.47. The company’s 50-day moving average price is $109.36 and its 200 day moving average price is $86.63.

United States Lime & Minerals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders 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 yield of 0.14%. United States Lime & Minerals’s payout ratio is currently 5.80%.

Wall Street Analyst Weigh In

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

Institutional Trading of United States Lime & Minerals

Several hedge funds and other institutional investors have recently bought and sold shares of USLM. Farther Finance Advisors LLC grew its stake in United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock worth $30,000 after acquiring an additional 279 shares during the period. Amalgamated Bank grew its stake in shares of United States Lime & Minerals by 400.0% during the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after buying an additional 288 shares during the period. nVerses Capital LLC acquired a new position in shares of United States Lime & Minerals during the 3rd quarter valued at $49,000. FMR LLC lifted its holdings in shares of United States Lime & Minerals by 403.0% during the 3rd quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after acquiring an additional 403 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of United States Lime & Minerals by 1,104.8% during the 2nd quarter. CWM LLC now owns 253 shares of the construction company’s stock valued at $92,000 after acquiring an additional 232 shares in the last quarter. 27.12% of the stock is owned by hedge funds and other 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.