United States Lime & Minerals (NASDAQ:USLM) Shares Pass Above 200 Day Moving Average of $0.00

Shares of United States Lime & Minerals Inc (NASDAQ:USLM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $82.15. United States Lime & Minerals shares last traded at $82.15, with a volume of 12 shares.

Separately, BidaskClub raised shares of United States Lime & Minerals from a “sell” rating to a “hold” rating in a research note on Tuesday, July 16th.

The company has a market capitalization of $466.03 million, a P/E ratio of 23.45 and a beta of 0.57. The stock has a 50 day moving average price of $82.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 11.68 and a quick ratio of 9.37.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 23rd will be paid a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Thursday, August 22nd.

A number of hedge funds have recently added to or reduced their stakes in USLM. Dimensional Fund Advisors LP increased its stake in shares of United States Lime & Minerals by 0.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 263,843 shares of the construction company’s stock valued at $18,733,000 after purchasing an additional 1,739 shares in the last quarter. BlackRock Inc. increased its stake in shares of United States Lime & Minerals by 1.0% during the fourth quarter. BlackRock Inc. now owns 173,970 shares of the construction company’s stock valued at $12,351,000 after purchasing an additional 1,678 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of United States Lime & Minerals by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 24,265 shares of the construction company’s stock valued at $1,722,000 after purchasing an additional 765 shares in the last quarter. Cardinal Capital Management increased its stake in shares of United States Lime & Minerals by 24.2% during the first quarter. Cardinal Capital Management now owns 16,251 shares of the construction company’s stock valued at $1,253,000 after purchasing an additional 3,165 shares in the last quarter. Finally, Granite Investment Partners LLC increased its stake in shares of United States Lime & Minerals by 87.8% during the first quarter. Granite Investment Partners LLC now owns 8,859 shares of the construction company’s stock valued at $684,000 after purchasing an additional 4,143 shares in the last quarter. 26.88% of the stock is owned by institutional investors.

About United States Lime & Minerals (NASDAQ:USLM)

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It operates through two segments, Lime and Limestone Operations, and Natural Gas Interests. The Lime and Limestone Operations segment extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry.

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