United States Lime & Minerals (NASDAQ:USLM) Share Price Passes Above 200 Day Moving Average of $279.34

United States Lime & Minerals, Inc. (NASDAQ:USLM)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $279.34 and traded as high as $342.47. United States Lime & Minerals shares last traded at $342.31, with a volume of 18,694 shares traded.

United States Lime & Minerals Stock Up 1.7 %

The business has a 50-day moving average price of $332.25 and a 200-day moving average price of $279.34. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 24.49 and a beta of 0.82.

Shares of United States Lime & Minerals are set to split on Monday, July 15th. The 5-1 split was announced on Monday, July 15th. The newly minted shares will be payable to shareholders after the closing bell on Monday, July 15th.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Tuesday, April 30th. The construction company reported $3.92 earnings per share for the quarter. The firm had revenue of $71.69 million for the quarter. United States Lime & Minerals had a return on equity of 20.70% and a net margin of 27.91%.

United States Lime & Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 24th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.29%. The ex-dividend date was Thursday, May 23rd. United States Lime & Minerals’s payout ratio is 7.15%.

Insider Activity at United States Lime & Minerals

In related news, CEO Timothy W. Byrne sold 200 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $330.32, for a total transaction of $66,064.00. Following the transaction, the chief executive officer now directly owns 29,543 shares of the company’s stock, valued at $9,758,643.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 200 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $330.32, for a total value of $66,064.00. Following the transaction, the chief executive officer now directly owns 29,543 shares of the company’s stock, valued at approximately $9,758,643.76. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Timothy W. Byrne sold 7,389 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $336.68, for a total value of $2,487,728.52. Following the completion of the transaction, the chief executive officer now directly owns 30,380 shares in the company, valued at $10,228,338.40. The disclosure for this sale can be found here. 2.16% of the stock is owned by insiders.

Institutional Trading of United States Lime & Minerals

Large investors have recently made changes to their positions in the stock. Quest Partners LLC bought a new stake in shares of United States Lime & Minerals during the 4th quarter worth about $91,000. SG Americas Securities LLC bought a new stake in shares of United States Lime & Minerals during the 4th quarter worth about $123,000. Boyar Asset Management Inc. bought a new stake in shares of United States Lime & Minerals during the 4th quarter worth about $206,000. WINTON GROUP Ltd bought a new stake in shares of United States Lime & Minerals during the 3rd quarter worth about $228,000. Finally, Principal Financial Group Inc. bought a new stake in shares of United States Lime & Minerals during the 1st quarter worth about $249,000. Institutional investors 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.