United States Lime & Minerals (NASDAQ:USLM) Shares Cross Above Two Hundred Day Moving Average of $264.18

Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $264.18 and traded as high as $361.73. United States Lime & Minerals shares last traded at $358.60, with a volume of 12,183 shares trading hands.

United States Lime & Minerals Stock Performance

The company has a market capitalization of $2.01 billion, a PE ratio of 25.65 and a beta of 0.79. The stock's 50 day moving average is $318.09 and its 200 day moving average is $264.18.

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

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its 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 net margin of 27.91% and a return on equity of 20.70%. The business had revenue of $71.69 million for the quarter.

United States Lime & Minerals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.28%. The ex-dividend date is Thursday, May 23rd. United States Lime & Minerals's dividend payout ratio is presently 7.15%.

Insiders Place Their Bets

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 427 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $291.02, for a total value of $124,265.54. Following the sale, the director now directly owns 457 shares in the company, valued at approximately $132,996.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.62% of the company's stock.

Hedge Funds Weigh In On United States Lime & Minerals

Institutional investors have recently made changes to their positions in the stock. Quest Partners LLC bought a new position in shares of United States Lime & Minerals in the 4th quarter worth $91,000. Quantbot Technologies LP bought a new stake in United States Lime & Minerals in the 3rd quarter worth $102,000. SG Americas Securities LLC bought a new stake in United States Lime & Minerals in the 4th quarter worth $123,000. Boyar Asset Management Inc. purchased a new stake in shares of United States Lime & Minerals in the 4th quarter worth about $206,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of United States Lime & Minerals in the 3rd quarter worth about $228,000. Institutional investors own 27.12% of the company's stock.

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.