Dynamic Technology Lab Private Ltd bought a new stake in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 40,612 shares of the mining company’s stock, valued at approximately $459,000. Dynamic Technology Lab Private Ltd owned about 0.05% of U.S. Silica as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of SLCA. Graham Capital Management L.P. increased its stake in U.S. Silica by 6.8% in the 3rd quarter. Graham Capital Management L.P. now owns 16,909 shares of the mining company’s stock worth $237,000 after buying an additional 1,078 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of U.S. Silica by 2.1% during the third quarter. Los Angeles Capital Management LLC now owns 59,533 shares of the mining company’s stock valued at $836,000 after acquiring an additional 1,253 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of U.S. Silica by 7.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 19,049 shares of the mining company’s stock valued at $267,000 after purchasing an additional 1,291 shares during the period. Swiss National Bank grew its stake in U.S. Silica by 1.0% in the third quarter. Swiss National Bank now owns 169,400 shares of the mining company’s stock worth $2,378,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in U.S. Silica by 7.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 33,930 shares of the mining company’s stock worth $384,000 after purchasing an additional 2,402 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.
U.S. Silica Stock Performance
Shares of NYSE:SLCA opened at $15.51 on Friday. The firm has a 50 day moving average of $13.97 and a 200 day moving average of $12.06. The company has a quick ratio of 2.74, a current ratio of 3.62 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.55 and a beta of 2.16. U.S. Silica Holdings, Inc. has a 52 week low of $10.09 and a 52 week high of $16.03.
U.S. Silica (NYSE:SLCA – Get Free Report) last released its quarterly earnings results on Friday, April 26th. The mining company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. U.S. Silica had a net margin of 8.08% and a return on equity of 13.77%. The business had revenue of $325.90 million for the quarter, compared to analysts’ expectations of $336.59 million. During the same period last year, the business earned $0.64 EPS. The company’s revenue was down 26.3% compared to the same quarter last year. On average, sell-side analysts predict that U.S. Silica Holdings, Inc. will post 1.02 earnings per share for the current fiscal year.
Insider Buying and Selling
In other U.S. Silica news, EVP Stacy Russell sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $12.00, for a total value of $240,000.00. Following the completion of the sale, the executive vice president now owns 186,752 shares of the company’s stock, valued at $2,241,024. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, EVP Zach Carusona sold 42,605 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $15.55, for a total value of $662,507.75. Following the completion of the transaction, the executive vice president now owns 160,929 shares in the company, valued at approximately $2,502,445.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $12.00, for a total value of $240,000.00. Following the sale, the executive vice president now directly owns 186,752 shares of the company’s stock, valued at approximately $2,241,024. The disclosure for this sale can be found here. Insiders have sold a total of 109,038 shares of company stock worth $1,552,570 in the last ninety days. 3.70% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities research analysts have weighed in on SLCA shares. Citigroup upped their target price on U.S. Silica from $13.50 to $15.50 and gave the stock a “neutral” rating in a report on Wednesday, May 1st. StockNews.com began coverage on shares of U.S. Silica in a research note on Wednesday. They issued a “hold” rating for the company.
Check Out Our Latest Stock Report on U.S. Silica
U.S. Silica Company Profile
(Free Report)
U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.
See Also
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