United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC reduced its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 1.2% during the fourth quarter, HoldingsChannel reports. The firm owned 8,116 shares of the construction company’s stock after selling 102 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in United States Lime & Minerals were worth $1,870,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in United States Lime & Minerals in the third quarter valued at $102,000. SG Americas Securities LLC bought a new stake in United States Lime & Minerals during the fourth quarter valued at $123,000. WINTON GROUP Ltd bought a new stake in United States Lime & Minerals during the third quarter valued at $228,000. Navellier & Associates Inc. bought a new stake in United States Lime & Minerals during the third quarter valued at $247,000. Finally, Alps Advisors Inc. bought a new stake in United States Lime & Minerals during the third quarter valued at $310,000. 27.12% of the stock is owned by institutional investors and hedge funds.

United States Lime & Minerals Stock Up 1.1 %

USLM stock traded up $3.16 during trading on Tuesday, hitting $303.52. 18,750 shares of the company’s stock traded hands, compared to its average volume of 23,022. United States Lime & Minerals, Inc. has a 52 week low of $151.53 and a 52 week high of $308.00. The stock has a fifty day moving average price of $282.49 and a two-hundred day moving average price of $242.62. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 23.00 and a beta of 0.80.

United States Lime & Minerals (NASDAQ:USLM) last released its earnings results on Friday, February 2nd. The construction company reported $2.98 earnings per share for the quarter. The firm had revenue of $65.69 million during the quarter. United States Lime & Minerals had a net margin of 26.50% and a return on equity of 20.34%.

United States Lime & Minerals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.00 annualized dividend and a dividend yield of 0.33%. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.20. United States Lime & Minerals’s dividend payout ratio is currently 7.66%.

Insider Transactions at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 427 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $291.02, for a total transaction of $124,265.54. Following the completion of the transaction, the director now owns 457 shares in the company, valued at $132,996.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Sandra C. Duhe sold 427 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $291.02, for a total value of $124,265.54. Following the completion of the transaction, the director now owns 457 shares in the company, valued at approximately $132,996.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Timothy W. Byrne sold 5,979 shares of the company’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the completion of the sale, the chief executive officer now directly owns 31,638 shares of the company’s stock, valued at $8,202,784.26. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

United States Lime & Minerals 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.