GSA Capital Partners LLP Has $1.24 Million Stock Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

GSA Capital Partners LLP grew its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 355.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 12,683 shares of the construction company’s stock after purchasing an additional 9,898 shares during the period. GSA Capital Partners LLP’s holdings in United States Lime & Minerals were worth $1,239,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Diamond Hill Capital Management Inc. boosted its holdings in shares of United States Lime & Minerals by 352.0% in the third quarter. Diamond Hill Capital Management Inc. now owns 103,033 shares of the construction company’s stock worth $10,062,000 after buying an additional 80,237 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of United States Lime & Minerals by 537.3% in the third quarter. Principal Financial Group Inc. now owns 5,844 shares of the construction company’s stock worth $571,000 after buying an additional 4,927 shares during the period. North Star Investment Management Corp. boosted its holdings in shares of United States Lime & Minerals by 400.0% in the third quarter. North Star Investment Management Corp. now owns 66,850 shares of the construction company’s stock worth $6,529,000 after buying an additional 53,480 shares during the period. Heritage Investors Management Corp boosted its holdings in shares of United States Lime & Minerals by 398.7% in the third quarter. Heritage Investors Management Corp now owns 31,245 shares of the construction company’s stock worth $3,051,000 after buying an additional 24,980 shares during the period. Finally, Amalgamated Bank boosted its holdings in shares of United States Lime & Minerals by 400.0% in the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock worth $35,000 after buying an additional 288 shares during the period. 27.12% of the stock is currently owned by institutional investors and hedge funds.

United States Lime & Minerals Stock Performance

USLM stock opened at $141.01 on Friday. The stock has a market cap of $4.03 billion, a P/E ratio of 40.87 and a beta of 0.82. The firm has a 50 day simple moving average of $101.59 and a 200 day simple moving average of $83.49. United States Lime & Minerals, Inc. has a 52 week low of $40.66 and a 52 week high of $146.70.

United States Lime & Minerals Dividend Announcement

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the sale, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard W. Cardin sold 12,000 shares of United States Lime & Minerals stock in a transaction that occurred 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 owns 14,300 shares of the company’s stock, valued at $1,113,684. This trade represents a 45.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.16% of the stock is currently owned by corporate insiders.

United States Lime & Minerals 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.