United States Lime & Minerals (NASDAQ:USLM) Shares Pass Above 200 Day Moving Average of $287.23

United States Lime & Minerals, Inc. (NASDAQ:USLM) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $287.23 and traded as high as $361.52. United States Lime & Minerals shares last traded at $359.46, with a volume of 12,787 shares.

United States Lime & Minerals Trading Up 1.0 %

The stock has a 50 day simple moving average of $341.07 and a 200 day simple moving average of $287.23. The stock has a market cap of $2.05 billion, a P/E ratio of 25.71 and a beta of 0.82.

United States Lime & Minerals shares are scheduled to split on Monday, July 15th. The 5-1 split was announced on Monday, July 15th. The newly minted shares will be distributed to shareholders after the market closes on Monday, July 15th.

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

United States Lime & Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 24th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend was Thursday, May 23rd. United States Lime & Minerals’s dividend payout ratio (DPR) is 7.15%.

Insider Activity at United States Lime & Minerals

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in shares of United States Lime & Minerals by 1.7% in the 4th quarter. BNP Paribas Financial Markets now owns 2,454 shares of the construction company’s stock worth $565,000 after acquiring an additional 42 shares in the last quarter. Swiss National Bank raised its position in shares of United States Lime & Minerals by 2.0% in the 3rd quarter. Swiss National Bank now owns 5,000 shares of the construction company’s stock worth $1,005,000 after acquiring an additional 100 shares in the last quarter. Quest Partners LLC bought a new position in shares of United States Lime & Minerals in the 4th quarter worth about $91,000. Jump Financial LLC increased its position in United States Lime & Minerals by 23.2% in the 4th quarter. Jump Financial LLC now owns 2,300 shares of the construction company’s stock valued at $530,000 after buying an additional 433 shares in the last quarter. Finally, Navellier & Associates Inc. increased its position in United States Lime & Minerals by 38.0% in the 4th quarter. Navellier & Associates Inc. now owns 1,698 shares of the construction company’s stock valued at $391,000 after buying an additional 468 shares in the last quarter. 27.12% of the stock is owned by institutional investors.

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.