GSA Capital Partners LLP Takes Position in United States Lime & Minerals, Inc. $USLM

GSA Capital Partners LLP purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,188 shares of the construction company’s stock, valued at approximately $543,000.

Several other large investors have also recently bought and sold shares of USLM. Amundi acquired a new stake in United States Lime & Minerals during the 1st quarter worth about $354,000. Millennium Management LLC increased its holdings in shares of United States Lime & Minerals by 202.9% in the 1st quarter. Millennium Management LLC now owns 193,388 shares of the construction company’s stock valued at $17,092,000 after purchasing an additional 129,534 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of United States Lime & Minerals by 33.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock valued at $25,938,000 after purchasing an additional 73,891 shares during the period. Jane Street Group LLC lifted its position in shares of United States Lime & Minerals by 67.3% in the first quarter. Jane Street Group LLC now owns 51,937 shares of the construction company’s stock worth $4,590,000 after purchasing an additional 20,893 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of United States Lime & Minerals by 281.5% in the second quarter. First Trust Advisors LP now owns 192,869 shares of the construction company’s stock worth $19,248,000 after purchasing an additional 142,308 shares in the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of United States Lime & Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, United States Lime & Minerals presently has a consensus rating of “Hold”.

United States Lime & Minerals Trading Up 0.6%

NASDAQ USLM opened at $120.20 on Friday. United States Lime & Minerals, Inc. has a 1-year low of $96.27 and a 1-year high of $141.43. The firm’s fifty day simple moving average is $110.20 and its 200-day simple moving average is $115.00. The company has a market capitalization of $3.45 billion, a PE ratio of 25.74 and a beta of 0.72.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.10). United States Lime & Minerals had a net margin of 35.66% and a return on equity of 20.76%. The firm had revenue of $99.13 million for the quarter, compared to analyst estimates of $108.00 million.

United States Lime & Minerals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. United States Lime & Minerals’s dividend payout ratio (DPR) is 5.14%.

United States Lime & Minerals Profile

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.