Thrivent Financial for Lutherans boosted its position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 202.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 489,909 shares of the construction company's stock after purchasing an additional 327,983 shares during the quarter. Thrivent Financial for Lutherans owned about 1.71% of United States Lime & Minerals worth $47,845,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in USLM. CWM LLC raised its holdings in shares of United States Lime & Minerals by 1,104.8% in the 2nd quarter. CWM LLC now owns 253 shares of the construction company's stock valued at $92,000 after purchasing an additional 232 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company's stock worth $30,000 after buying an additional 279 shares during the period. Quest Partners LLC bought a new stake in United States Lime & Minerals during the 2nd quarter valued at $125,000. Amalgamated Bank increased its holdings in shares of United States Lime & Minerals by 400.0% in the 3rd quarter. Amalgamated Bank now owns 360 shares of the construction company's stock valued at $35,000 after acquiring an additional 288 shares during the period. Finally, nVerses Capital LLC bought a new position in shares of United States Lime & Minerals in the 3rd quarter worth $49,000. Hedge funds and other institutional investors own 27.12% of the company's stock.
United States Lime & Minerals Stock Performance
USLM stock traded down $2.07 during trading on Tuesday, reaching $141.07. 52,898 shares of the company traded hands, compared to its average volume of 98,294. The business has a 50 day simple moving average of $105.50 and a 200 day simple moving average of $85.29. United States Lime & Minerals, Inc. has a 12 month low of $41.21 and a 12 month high of $146.70. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 41.49 and a beta of 0.82.
United States Lime & Minerals Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date of this dividend is Friday, November 22nd. United States Lime & Minerals's dividend payout ratio (DPR) is presently 5.80%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Tuesday, October 22nd.
View Our Latest Stock Report on United States Lime & Minerals
Insider Buying and Selling at United States Lime & Minerals
In other United States Lime & Minerals news, Director Richard W. Cardin sold 12,000 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total value of $934,560.00. Following the completion of the sale, the director now directly owns 14,300 shares in the company, valued at approximately $1,113,684. This trade represents a 45.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Nathan O'neill sold 1,750 shares of the firm's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now owns 7,880 shares of the company's stock, valued at approximately $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by company insiders.
United States Lime & Minerals Profile
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Free Report)
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.
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