Thrivent Financial for Lutherans Has $12.10 Million Stake in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Thrivent Financial for Lutherans lowered its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 81.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,146 shares of the construction company’s stock after selling 398,763 shares during the period. Thrivent Financial for Lutherans owned 0.32% of United States Lime & Minerals worth $12,098,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new position in United States Lime & Minerals in the fourth quarter worth approximately $25,000. FMR LLC increased its holdings in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after buying an additional 403 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in United States Lime & Minerals by 136.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock worth $117,000 after buying an additional 510 shares during the last quarter. AlphaQuest LLC acquired a new position in United States Lime & Minerals in the fourth quarter worth approximately $146,000. Finally, Jones Financial Companies Lllp increased its holdings in United States Lime & Minerals by 114.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock worth $158,000 after buying an additional 633 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the sale, the director now directly owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.16% of the company’s stock.

United States Lime & Minerals Stock Down 1.4 %

Shares of USLM stock opened at $93.02 on Friday. United States Lime & Minerals, Inc. has a 12 month low of $57.32 and a 12 month high of $159.53. The business’s 50 day moving average is $103.86 and its two-hundred day moving average is $113.47. The company has a market cap of $2.66 billion, a PE ratio of 24.52 and a beta of 0.90.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 EPS for the quarter. United States Lime & Minerals had a return on equity of 24.55% and a net margin of 34.27%.

United States Lime & Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.26%. The ex-dividend date was Friday, February 21st. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

Analyst Ratings Changes

Separately, StockNews.com downgraded United States Lime & Minerals from a “buy” rating to a “hold” rating in a report on Friday, March 14th.

United States Lime & Minerals Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.