United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne Sells 3,000 Shares

United States Lime & Minerals, Inc. (NASDAQ:USLM – Get Rating) CEO Timothy W. Byrne sold 3,000 shares of United States Lime & Minerals stock in a transaction on Friday, May 19th. The stock was sold at an average price of $187.33, for a total transaction of $561,990.00. Following the sale, the chief executive officer now owns 36,070 shares in the company, valued at approximately $6,756,993.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

United States Lime & Minerals Stock Down 0.5 %

Shares of NASDAQ USLM opened at $185.51 on Wednesday. The firm’s 50-day simple moving average is $160.01 and its 200 day simple moving average is $151.16. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 19.59 and a beta of 0.71. United States Lime & Minerals, Inc. has a 12-month low of $102.12 and a 12-month high of $192.00.

United States Lime & Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Investors of record on Friday, May 26th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, May 25th. This represents a $0.80 annualized dividend and a yield of 0.43%. United States Lime & Minerals’s dividend payout ratio (DPR) is 8.45%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of United States Lime & Minerals from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 16th.

Institutional Trading of United States Lime & Minerals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its holdings in United States Lime & Minerals by 3.3% during the 1st quarter. Thrivent Financial for Lutherans now owns 370,709 shares of the construction company’s stock worth $56,604,000 after purchasing an additional 11,912 shares during the last quarter. State Street Corp raised its holdings in United States Lime & Minerals by 1.0% during the 1st quarter. State Street Corp now owns 40,290 shares of the construction company’s stock worth $6,152,000 after buying an additional 381 shares during the period. Geode Capital Management LLC raised its holdings in United States Lime & Minerals by 3.8% during the 1st quarter. Geode Capital Management LLC now owns 41,879 shares of the construction company’s stock worth $6,395,000 after buying an additional 1,533 shares during the period. Two Sigma Investments LP raised its holdings in United States Lime & Minerals by 5.0% during the 1st quarter. Two Sigma Investments LP now owns 1,880 shares of the construction company’s stock worth $287,000 after buying an additional 90 shares during the period. Finally, Deutsche Bank AG raised its holdings in United States Lime & Minerals by 46.4% during the 1st quarter. Deutsche Bank AG now owns 1,296 shares of the construction company’s stock worth $198,000 after buying an additional 411 shares during the period. 26.07% of the stock is owned by institutional investors.

About United States Lime & Minerals

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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.