GSA Capital Partners LLP boosted its position in United States Lime & Minerals, Inc. (NASDAQ:USLM – Free Report) by 355.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,683 shares of the construction company’s stock after purchasing 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 quarter.
Other hedge funds have also recently bought and sold shares of the company. CWM LLC lifted its position in 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 during the last quarter. Farther Finance Advisors LLC lifted its position in United States Lime & Minerals by 900.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after purchasing an additional 279 shares during the last quarter. Quest Partners LLC bought a new stake in United States Lime & Minerals in the 2nd quarter valued at about $125,000. Amalgamated Bank lifted its position in 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 purchasing an additional 288 shares during the last quarter. Finally, nVerses Capital LLC bought a new stake in United States Lime & Minerals in the 3rd quarter valued at about $49,000. 27.12% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com upgraded 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 Trading Down 1.1 %
United States Lime & Minerals stock opened at $141.01 on Friday. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 40.87 and a beta of 0.82. The company’s 50-day moving average price is $101.59 and its two-hundred day moving average price is $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 Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.14%. United States Lime & Minerals’s payout ratio is 5.80%.
Insider Buying and Selling at United States Lime & Minerals
In other news, 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 value of $934,560.00. Following the transaction, the director now owns 14,300 shares of the company’s stock, 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 accessible through this link. Also, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals 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 transaction, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. 2.16% of the stock is 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.
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