Thrivent Financial for Lutherans cut its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 81.4% during the fourth quarter, according to the company in 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 quarter. Thrivent Financial for Lutherans owned about 0.32% of United States Lime & Minerals worth $12,098,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at approximately $25,000. Sound View Wealth Advisors Group LLC boosted its position in shares of United States Lime & Minerals by 3.8% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 5,525 shares of the construction company's stock worth $733,000 after purchasing an additional 200 shares in the last quarter. FMR LLC grew its holdings in shares of United States Lime & Minerals by 403.0% in the 3rd quarter. FMR LLC now owns 503 shares of the construction company's stock valued at $49,000 after buying an additional 403 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of United States Lime & Minerals by 136.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock valued at $117,000 after buying an additional 510 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in United States Lime & Minerals by 9.3% during the 4th quarter. Principal Financial Group Inc. now owns 6,390 shares of the construction company's stock worth $848,000 after buying an additional 546 shares during the period. Institutional investors and hedge funds own 27.12% of the company's stock.
Insider Activity at United States Lime & Minerals
In other United States Lime & Minerals news, Director Sandra C. Duhe sold 3,157 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $94.61, for a total transaction of $298,683.77. Following the transaction, the director now owns 2,128 shares of the company's stock, valued at $201,330.08. The trade was a 59.74 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.16% of the stock is owned by insiders.
United States Lime & Minerals Stock Performance
NASDAQ USLM traded down $1.86 during trading hours on Wednesday, reaching $91.02. 61,249 shares of the company's stock were exchanged, compared to its average volume of 101,028. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 23.99 and a beta of 0.90. United States Lime & Minerals, Inc. has a one year low of $57.32 and a one year high of $159.53. The company's 50-day moving average is $102.80 and its two-hundred day moving average is $113.99.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings data 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. Investors of record on Friday, February 21st were issued a dividend of $0.06 per share. This is a boost from United States Lime & Minerals's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.24 annualized dividend and a yield of 0.26%. United States Lime & Minerals's dividend payout ratio is presently 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 research note on Friday, March 14th.
Read Our Latest Analysis on United States Lime & Minerals
United States Lime & Minerals Profile
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Free Report)
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.
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