United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) by 202.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,909 shares of the construction company’s stock after purchasing an additional 327,983 shares during the period. Thrivent Financial for Lutherans owned about 1.71% of United States Lime & Minerals worth $47,845,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of USLM. State Board of Administration of Florida Retirement System purchased a new position in shares of United States Lime & Minerals during the 1st quarter worth approximately $607,000. Vanguard Group Inc. increased its stake in shares of United States Lime & Minerals by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 114,041 shares of the construction company’s stock worth $34,000,000 after purchasing an additional 2,526 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in shares of United States Lime & Minerals during the 1st quarter worth approximately $473,000. Janus Henderson Group PLC grew its stake in United States Lime & Minerals by 958.4% in the 1st quarter. Janus Henderson Group PLC now owns 10,489 shares of the construction company’s stock worth $3,127,000 after acquiring an additional 9,498 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in United States Lime & Minerals in the 2nd quarter worth approximately $342,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

United States Lime & Minerals Stock Performance

USLM stock opened at $143.14 on Tuesday. The stock has a market capitalization of $4.09 billion, a P/E ratio of 41.49 and a beta of 0.82. United States Lime & Minerals, Inc. has a one year low of $41.21 and a one year high of $146.70. The company has a 50 day moving average price of $104.17 and a two-hundred day moving average price of $84.74.

United States Lime & Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.14%. United States Lime & Minerals’s dividend payout ratio is presently 5.80%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Insider Activity

In other news, Director Richard W. Cardin sold 12,000 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the completion of the sale, the director now directly owns 14,300 shares of the company’s stock, valued at $1,113,684. The trade was a 45.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Nathan O’neill sold 1,750 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company’s stock.

United States Lime & Minerals Company Profile

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.