GSA Capital Partners LLP Increases Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

GSA Capital Partners LLP grew its holdings in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 355.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,683 shares of the construction company's stock after buying an additional 9,898 shares during the quarter. GSA Capital Partners LLP's holdings in United States Lime & Minerals were worth $1,239,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. 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 valued at $10,062,000 after purchasing 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 valued at $571,000 after purchasing 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 valued at $6,529,000 after purchasing 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 valued at $3,051,000 after purchasing 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 valued at $35,000 after purchasing an additional 288 shares during the period. Institutional investors own 27.12% of the company's stock.

Insiders Place Their Bets

In other news, Director Richard W. Cardin sold 12,000 shares of the business's stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total transaction of $934,560.00. Following the transaction, the director now directly owns 14,300 shares in the company, valued at $1,113,684. The trade was a 45.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan O'neill sold 1,750 shares of the business'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 value of $244,527.50. Following the transaction, the vice president now owns 7,880 shares in the company, 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. 2.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

United States Lime & Minerals Trading Up 0.1 %

Shares of USLM traded up $0.20 during midday trading on Friday, hitting $141.21. 56,339 shares of the company's stock traded hands, compared to its average volume of 98,644. United States Lime & Minerals, Inc. has a 1 year low of $40.66 and a 1 year high of $146.70. The firm's fifty day moving average is $102.88 and its 200-day moving average is $83.89. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 40.99 and a beta of 0.82.

United States Lime & Minerals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend 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 is currently 5.80%.

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.