United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Sells $3,155,051.53 in Stock

United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction 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 directly owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. The trade was a 15.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

United States Lime & Minerals Price Performance

United States Lime & Minerals stock opened at $149.73 on Friday. United States Lime & Minerals, Inc. has a 12-month low of $41.91 and a 12-month high of $151.47. The stock has a market capitalization of $4.28 billion, a PE ratio of 43.40 and a beta of 0.82. The firm has a 50 day simple moving average of $110.66 and a 200-day simple moving average of $87.17.

United States Lime & Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals’s dividend payout ratio is presently 5.80%.

Analyst Ratings Changes

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

Institutional Trading of United States Lime & Minerals

Several institutional investors have recently modified their holdings of USLM. State Board of Administration of Florida Retirement System bought a new stake in United States Lime & Minerals in the first quarter worth about $607,000. Vanguard Group Inc. grew its stake in shares of United States Lime & Minerals by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 114,041 shares of the construction company’s stock worth $34,000,000 after purchasing an additional 2,526 shares during the last quarter. Advisors Asset Management Inc. bought a new stake in shares of United States Lime & Minerals in the 1st quarter worth approximately $473,000. Janus Henderson Group PLC lifted its stake in United States Lime & Minerals by 958.4% during the first quarter. Janus Henderson Group PLC now owns 10,489 shares of the construction company’s stock valued at $3,127,000 after purchasing an additional 9,498 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in United States Lime & Minerals in the second quarter worth approximately $342,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

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.