United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report)'s share price was up 3.9% during mid-day trading on Wednesday . The company traded as high as $121.99 and last traded at $121.81. Approximately 26,340 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 128,780 shares. The stock had previously closed at $117.27.
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 report on Tuesday, October 22nd.
Get Our Latest Analysis on USLM
United States Lime & Minerals Trading Up 1.8 %
The firm has a market capitalization of $3.41 billion, a PE ratio of 34.60 and a beta of 0.93. The firm has a 50-day moving average of $138.41 and a two-hundred day moving average of $103.31.
United States Lime & Minerals Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.17%. The ex-dividend date of this dividend was Friday, November 22nd. United States Lime & Minerals's payout ratio is currently 5.80%.
Insider Activity
In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the company'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 value of $3,155,051.53. Following the completion of the transaction, the chief executive officer now owns 125,004 shares in the company, valued at $17,716,816.92. This represents a 15.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nathan O'neill sold 1,750 shares of United States Lime & Minerals stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now owns 7,880 shares in the company, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.62% of the company's stock.
Institutional Investors Weigh In On United States Lime & Minerals
Large investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of United States Lime & Minerals by 537.3% in the 3rd quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company's stock valued at $571,000 after purchasing an additional 4,927 shares in the last quarter. Minerva Advisors LLC boosted its holdings in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Minerva Advisors LLC now owns 6,250 shares of the construction company's stock valued at $608,000 after buying an additional 5,000 shares during the period. GSA Capital Partners LLP boosted its stake in United States Lime & Minerals by 355.4% in the third quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company's stock valued at $1,239,000 after acquiring an additional 9,898 shares during the period. North Star Investment Management Corp. grew its stake in United States Lime & Minerals by 400.0% during the 3rd quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company's stock worth $6,529,000 after buying an additional 53,480 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of United States Lime & Minerals by 422.7% during the third quarter. Geode Capital Management LLC now owns 308,049 shares of the construction company's stock worth $30,089,000 after acquiring an additional 249,115 shares during the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.
United States Lime & Minerals Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider United States Lime & Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United States Lime & Minerals wasn't on the list.
While United States Lime & Minerals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
