Walleye Capital LLC Makes New $863,000 Investment in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Walleye Capital LLC purchased a new stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,504 shares of the construction company’s stock, valued at approximately $863,000.

Other large investors have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in United States Lime & Minerals during the 4th quarter valued at about $25,000. FMR LLC lifted its stake in shares of United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after buying an additional 403 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of United States Lime & Minerals during the fourth quarter valued at approximately $72,000. Steward Partners Investment Advisory LLC increased its position in shares of United States Lime & Minerals by 136.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company’s stock valued at $117,000 after acquiring an additional 510 shares in the last quarter. Finally, AlphaQuest LLC purchased a new position in United States Lime & Minerals in the 4th quarter worth approximately $146,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Insiders Place Their Bets

In related news, Director Sandra C. Duhe sold 3,157 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $94.61, for a total value of $298,683.77. Following the transaction, the director now owns 2,128 shares of the company’s stock, valued at approximately $201,330.08. This trade represents a 59.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.46% of the company’s stock.

United States Lime & Minerals Stock Performance

Shares of NASDAQ:USLM opened at $86.77 on Tuesday. The business has a 50-day simple moving average of $92.71 and a two-hundred day simple moving average of $113.83. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 22.87 and a beta of 0.93. United States Lime & Minerals, Inc. has a fifty-two week low of $59.65 and a fifty-two week high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

United States Lime & Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a $0.06 dividend. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 21st. This represents a $0.24 dividend on an annualized basis and a yield of 0.28%. United States Lime & Minerals’s dividend payout ratio is currently 6.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a report on Wednesday, April 2nd.

United States Lime & Minerals Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.