United States Lime & Minerals, Inc. (NASDAQ:USLM) Shares Acquired 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% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 489,909 shares of the construction company’s stock after acquiring an additional 327,983 shares during the quarter. Thrivent Financial for Lutherans’ holdings in United States Lime & Minerals were worth $47,845,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Royce & Associates LP lifted its holdings in United States Lime & Minerals by 322.3% in the 3rd quarter. Royce & Associates LP now owns 352,200 shares of the construction company’s stock worth $34,396,000 after buying an additional 268,800 shares in the last quarter. Victory Capital Management Inc. bought a new stake in shares of United States Lime & Minerals in the 3rd quarter worth about $1,791,000. Aptus Capital Advisors LLC increased its position in shares of United States Lime & Minerals by 627.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 33,672 shares of the construction company’s stock worth $3,288,000 after purchasing an additional 29,045 shares during the last quarter. GSA Capital Partners LLP increased its position in shares of United States Lime & Minerals by 355.4% in the 3rd quarter. GSA Capital Partners LLP now owns 12,683 shares of the construction company’s stock worth $1,239,000 after purchasing an additional 9,898 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. grew its position in shares of United States Lime & Minerals by 352.0% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock valued at $10,062,000 after buying an additional 80,237 shares during the last quarter. Institutional investors and hedge funds own 27.12% of the company’s stock.

Insider Activity at United States Lime & Minerals

In other news, Director Richard W. Cardin sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The shares were 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 of the company’s stock, valued at approximately $1,113,684. This represents a 45.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at approximately $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. Insiders own 2.16% of the company’s stock.

Analyst Ratings Changes

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

United States Lime & Minerals Stock Up 1.4 %

Shares of NASDAQ:USLM opened at $143.14 on Tuesday. United States Lime & Minerals, Inc. has a fifty-two week low of $41.21 and a fifty-two week high of $146.70. The firm has a 50-day simple moving average of $104.17 and a 200 day simple moving average of $84.74. The company has a market cap of $4.09 billion, a PE ratio of 41.49 and a beta of 0.82.

United States Lime & Minerals Announces Dividend

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

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.