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

Walleye Capital LLC purchased a new position in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,504 shares of the construction company's stock, valued at approximately $863,000.

A number of other institutional investors and hedge funds have also bought and sold shares of USLM. Global Retirement Partners LLC bought a new stake in United States Lime & Minerals in the fourth quarter worth approximately $25,000. FMR LLC grew its holdings in 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 purchasing an additional 403 shares during the period. National Bank of Canada FI bought a new position in shares of United States Lime & Minerals during the 4th quarter worth about $72,000. Steward Partners Investment Advisory LLC boosted its position in shares of United States Lime & Minerals by 136.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 885 shares of the construction company's stock worth $117,000 after purchasing an additional 510 shares in the last quarter. Finally, AlphaQuest LLC acquired a new stake in shares of United States Lime & Minerals in the 4th quarter valued at about $146,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Wednesday, April 2nd.

United States Lime & Minerals Trading Down 2.2 %

NASDAQ USLM traded down $2.04 during mid-day trading on Friday, hitting $92.40. The company's stock had a trading volume of 66,237 shares, compared to its average volume of 100,970. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 24.35 and a beta of 0.93. The company's 50 day simple moving average is $91.67 and its 200 day simple moving average is $113.69. United States Lime & Minerals, Inc. has a twelve month low of $61.08 and a twelve month high of $159.53.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) 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 business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 21st were paid a $0.06 dividend. The ex-dividend date was Friday, February 21st. This is an increase from United States Lime & Minerals's previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.26%. United States Lime & Minerals's dividend payout ratio is 6.33%.

Insider Activity

In related news, Director Sandra C. Duhe sold 3,157 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $94.61, for a total value of $298,683.77. Following the completion of the sale, the director now directly owns 2,128 shares of the company's stock, valued at approximately $201,330.08. This represents a 59.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.46% of the company's stock.

About United States Lime & Minerals

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.