United States Lime & Minerals (NASDAQ:USLM) Shares Pass Above Two Hundred Day Moving Average of $269.91

United States Lime & Minerals, Inc. (NASDAQ:USLMGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $269.91 and traded as high as $351.06. United States Lime & Minerals shares last traded at $345.78, with a volume of 14,028 shares traded.

United States Lime & Minerals Stock Up 1.8 %

The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.73 and a beta of 0.79. The stock’s fifty day moving average is $324.12 and its two-hundred day moving average is $269.91.

United States Lime & Minerals’s stock is set to split on Monday, July 15th. The 5-1 split was announced on Monday, July 15th. The newly issued shares will be payable to shareholders after the closing bell on Monday, July 15th.

United States Lime & Minerals (NASDAQ:USLMGet Free Report) last released its quarterly earnings data on Tuesday, April 30th. The construction company reported $3.92 EPS for the quarter. United States Lime & Minerals had a net margin of 27.91% and a return on equity of 20.70%. The firm had revenue of $71.69 million during the quarter.

United States Lime & Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, May 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.29%. United States Lime & Minerals’s dividend payout ratio (DPR) is 7.15%.

Insider Activity

In other news, Director Sandra C. Duhe sold 427 shares of the business’s 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 sale, the director now owns 457 shares of the company’s stock, valued at $132,996.14. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.16% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On United States Lime & Minerals

Several institutional investors and hedge funds have recently bought and sold shares of USLM. Quest Partners LLC acquired a new position in United States Lime & Minerals during the fourth quarter worth about $91,000. Quantbot Technologies LP acquired a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $102,000. SG Americas Securities LLC acquired a new position in shares of United States Lime & Minerals in the fourth quarter valued at approximately $123,000. Boyar Asset Management Inc. acquired a new position in shares of United States Lime & Minerals in the fourth quarter valued at approximately $206,000. Finally, WINTON GROUP Ltd acquired a new position in shares of United States Lime & Minerals in the third quarter valued at approximately $228,000. Institutional investors own 27.12% of the company’s stock.

About United States Lime & Minerals

(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.

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