United States Lime & Minerals (NASDAQ:USLM) Sets New 12-Month High at $378.78

Shares of United States Lime & Minerals, Inc. (NASDAQ:USLMGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $378.78 and last traded at $377.42, with a volume of 3104 shares changing hands. The stock had previously closed at $375.07.

United States Lime & Minerals Stock Performance

The stock has a market cap of $2.13 billion, a PE ratio of 26.69 and a beta of 0.79. The company’s 50-day moving average price is $308.70 and its 200 day moving average price is $257.61.

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

United States Lime & Minerals Announces Dividend

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 given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Thursday, May 23rd. United States Lime & Minerals’s payout ratio is 7.15%.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, Director Sandra C. Duhe sold 427 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $291.02, for a total value of $124,265.54. Following the sale, the director now owns 457 shares of the company’s stock, valued at $132,996.14. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.62% of the stock is owned by corporate insiders.

Institutional Trading of United States Lime & Minerals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USLM. BNP Paribas Financial Markets grew its stake in shares of United States Lime & Minerals by 1.7% in the fourth 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 grew its stake in shares of United States Lime & Minerals by 2.0% during the third quarter. Swiss National Bank now owns 5,000 shares of the construction company’s stock worth $1,005,000 after purchasing an additional 100 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of United States Lime & Minerals by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 21,669 shares of the construction company’s stock worth $4,355,000 after purchasing an additional 149 shares in the last quarter. Quest Partners LLC acquired a new position in shares of United States Lime & Minerals during the fourth quarter worth $91,000. Finally, Jump Financial LLC grew its stake in shares of United States Lime & Minerals by 23.2% during the fourth quarter. Jump Financial LLC now owns 2,300 shares of the construction company’s stock worth $530,000 after purchasing an additional 433 shares in the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Company Profile

(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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