Thrivent Financial for Lutherans Sells 398,763 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

Thrivent Financial for Lutherans reduced its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 81.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,146 shares of the construction company’s stock after selling 398,763 shares during the quarter. Thrivent Financial for Lutherans’ holdings in United States Lime & Minerals were worth $12,098,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of USLM. Global Retirement Partners LLC bought a new position in shares of United States Lime & Minerals during the fourth quarter valued at $25,000. FMR LLC lifted its holdings in shares of United States Lime & Minerals by 403.0% during the third quarter. FMR LLC now owns 503 shares of the construction company’s stock valued at $49,000 after acquiring an additional 403 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of United States Lime & Minerals by 136.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock valued at $117,000 after acquiring an additional 510 shares during the period. AlphaQuest LLC bought a new position in shares of United States Lime & Minerals during the fourth quarter valued at $146,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of United States Lime & Minerals by 114.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,188 shares of the construction company’s stock valued at $158,000 after acquiring an additional 633 shares during the period. 27.12% of the stock is owned by institutional investors.

United States Lime & Minerals Stock Performance

Shares of NASDAQ:USLM opened at $93.02 on Friday. United States Lime & Minerals, Inc. has a twelve month low of $57.32 and a twelve month high of $159.53. The firm has a market cap of $2.66 billion, a PE ratio of 24.52 and a beta of 0.90. The business has a fifty day moving average of $103.86 and a 200-day moving average of $113.47.

United States Lime & Minerals (NASDAQ:USLM) last announced its earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share 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 firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were paid a $0.06 dividend. The ex-dividend date was Friday, February 21st. This is a positive change from United States Lime & Minerals’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.26%. United States Lime & Minerals’s dividend payout ratio (DPR) is 6.33%.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, Director Sandra C. Duhe sold 3,157 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $201,330.08. This trade represents a 59.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 2.16% of the stock is currently owned by corporate insiders.

About United States Lime & Minerals

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.