United States Lime & Minerals (USLM) Downgraded by BidaskClub to Strong Sell

United States Lime & Minerals (NASDAQ:USLM) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Wednesday.

United States Lime & Minerals (NASDAQ USLM) opened at $83.38 on Wednesday. United States Lime & Minerals has a 12 month low of $71.61 and a 12 month high of $101.40. The stock has a market cap of $464.98, a price-to-earnings ratio of 24.03 and a beta of 1.05.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Thursday, October 26th. The construction company reported $1.01 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 13.55% and a return on equity of 10.44%. The firm had revenue of $36.93 million during the quarter.

In related news, Director Richard W. Cardin sold 800 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $87.48, for a total value of $69,984.00. Following the completion of the transaction, the director now directly owns 4,966 shares in the company, valued at approximately $434,425.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.57% of the company’s stock.

Large investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its position in United States Lime & Minerals by 9.2% during the second quarter. Wells Fargo & Company MN now owns 1,283 shares of the construction company’s stock worth $101,000 after acquiring an additional 108 shares during the period. JPMorgan Chase & Co. raised its position in United States Lime & Minerals by 171.7% during the third quarter. JPMorgan Chase & Co. now owns 1,421 shares of the construction company’s stock worth $119,000 after acquiring an additional 898 shares during the period. Citigroup Inc. raised its position in United States Lime & Minerals by 130.6% during the second quarter. Citigroup Inc. now owns 1,524 shares of the construction company’s stock worth $120,000 after acquiring an additional 863 shares during the period. Acrospire Investment Management LLC raised its position in United States Lime & Minerals by 284.3% during the second quarter. Acrospire Investment Management LLC now owns 1,591 shares of the construction company’s stock worth $125,000 after acquiring an additional 1,177 shares during the period. Finally, Strs Ohio raised its position in United States Lime & Minerals by 750.0% during the third quarter. Strs Ohio now owns 1,700 shares of the construction company’s stock worth $142,000 after acquiring an additional 1,500 shares during the period. Institutional investors own 24.32% of the company’s stock.

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United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc is a manufacturer of lime and limestone products. The Company’s segments include Lime and Limestone operations, and Natural gas interests. The Company, through its Lime and Limestone Operations, is a manufacturer of lime and limestone products, supplying primarily the construction, environmental (including municipal sanitation and water treatment facilities, and flue gas treatment processes), industrial, metals (including steel producers), roof shingle, oil and gas services, and agriculture (including poultry and cattle feed producers) industries.

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