United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne Sells 22,261 Shares

United States Lime & Minerals, Inc. (NASDAQ:USLM) CEO Timothy W. Byrne sold 22,261 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now owns 125,004 shares in the company, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

United States Lime & Minerals Stock Down 2.1 %

NASDAQ USLM traded down $3.12 on Friday, hitting $147.16. The stock had a trading volume of 20,331 shares, compared to its average volume of 98,468. The company’s 50-day moving average is $109.36 and its two-hundred day moving average is $86.63. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 43.57 and a beta of 0.82. United States Lime & Minerals, Inc. has a one year low of $41.91 and a one year high of $151.47.

United States Lime & Minerals Dividend Announcement

The business also recently declared 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 0.14%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals’s dividend payout ratio is currently 5.80%.

Analyst Ratings Changes

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

Institutional Trading of United States Lime & Minerals

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC lifted its stake in United States Lime & Minerals by 1,104.8% during the second quarter. CWM LLC now owns 253 shares of the construction company’s stock valued at $92,000 after purchasing an additional 232 shares during the last quarter. Farther Finance Advisors LLC lifted its stake 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 valued at $30,000 after purchasing an additional 279 shares during the last quarter. Quest Partners LLC acquired a new stake in United States Lime & Minerals during the second quarter valued at approximately $125,000. Amalgamated Bank lifted its stake in United States Lime & Minerals by 400.0% during the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after purchasing an additional 288 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of United States Lime & Minerals in the 3rd quarter valued at approximately $49,000. 27.12% of the stock is owned by institutional investors and hedge funds.

About United States Lime & Minerals

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.