Walleye Capital LLC Boosts Stock Holdings in United States Lime & Minerals, Inc. $USLM

Key Points

• Walleye Capital LLC has significantly increased its stake in United States Lime & Minerals (USLM) by 405.6%, owning approximately $2.91 million worth of shares after acquiring an additional 26,378 shares.
• The company recently experienced a d downgrade from Wall Street Zen, changing its rating from "buy" to "hold" on August 2nd.
• United States Lime & Minerals announced a quarterly dividend of $0.06 per share, with an ex-dividend date of August 22nd, representing a 0.2% yield.

Walleye Capital LLC grew its holdings in United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 405.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,882 shares of the construction company's stock after purchasing an additional 26,378 shares during the quarter. Walleye Capital LLC owned approximately 0.11% of United States Lime & Minerals worth $2,906,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of USLM. Select Equity Group L.P. grew its position in shares of United States Lime & Minerals by 46.3% in the fourth quarter. Select Equity Group L.P. now owns 328,354 shares of the construction company's stock valued at $43,586,000 after purchasing an additional 103,948 shares during the last quarter. Vanguard Group Inc. grew its position in shares of United States Lime & Minerals by 13.2% in the first quarter. Vanguard Group Inc. now owns 808,373 shares of the construction company's stock valued at $71,444,000 after purchasing an additional 94,149 shares during the last quarter. Millennium Management LLC grew its position in shares of United States Lime & Minerals by 1,631.4% in the fourth quarter. Millennium Management LLC now owns 63,854 shares of the construction company's stock valued at $8,476,000 after purchasing an additional 60,166 shares during the last quarter. Algert Global LLC grew its position in shares of United States Lime & Minerals by 425.0% in the fourth quarter. Algert Global LLC now owns 40,160 shares of the construction company's stock valued at $5,331,000 after purchasing an additional 32,510 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of United States Lime & Minerals by 6.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 507,541 shares of the construction company's stock valued at $67,372,000 after purchasing an additional 28,947 shares during the last quarter. 27.12% of the stock is currently owned by institutional investors and hedge funds.

United States Lime & Minerals Stock Down 0.3%

Shares of USLM traded down $0.37 on Monday, hitting $125.92. 229,021 shares of the stock traded hands, compared to its average volume of 131,911. The firm has a market capitalization of $3.61 billion, a P/E ratio of 28.88 and a beta of 1.02. The stock's 50 day moving average is $108.61 and its two-hundred day moving average is $100.50. United States Lime & Minerals, Inc. has a 1 year low of $74.90 and a 1 year high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The construction company reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.07). The firm had revenue of $91.52 million for the quarter, compared to analysts' expectations of $101.00 million. United States Lime & Minerals had a net margin of 35.57% and a return on equity of 24.24%.

United States Lime & Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 22nd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. United States Lime & Minerals's dividend payout ratio is presently 5.50%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of United States Lime & Minerals from a "buy" rating to a "hold" rating in a research report on Saturday, August 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.