Sandra C. Duhe Sells 3,157 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) Stock

United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $94.61, for a total transaction of $298,683.77. Following the sale, the director now directly owns 2,128 shares of the company's stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

United States Lime & Minerals Stock Performance

Shares of NASDAQ:USLM traded up $1.88 during trading hours on Friday, hitting $93.85. The stock had a trading volume of 93,133 shares, compared to its average volume of 130,160. United States Lime & Minerals, Inc. has a 1-year low of $50.53 and a 1-year high of $159.53. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 24.74 and a beta of 0.91. The stock's fifty day simple moving average is $114.90 and its 200 day simple moving average is $111.86.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 EPS for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

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United States Lime & Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 21st will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Friday, February 21st. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05. United States Lime & Minerals's dividend payout ratio (DPR) is currently 6.33%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in USLM. Global Retirement Partners LLC bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $25,000. Farther Finance Advisors LLC boosted its holdings in United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after buying an additional 279 shares in the last quarter. Amalgamated Bank boosted its holdings in United States Lime & Minerals by 400.0% during the third quarter. Amalgamated Bank now owns 360 shares of the construction company's stock worth $35,000 after buying an additional 288 shares in the last quarter. State of Wyoming bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $35,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in United States Lime & Minerals during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 27.12% of the company's stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.