Versor Investments LP Boosts Stake in U.S. Silica Holdings, Inc. (NYSE:SLCA)

Versor Investments LP lifted its stake in shares of U.S. Silica Holdings, Inc. (NYSE:SLCAGet Rating) by 42.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,570 shares of the mining company’s stock after acquiring an additional 9,098 shares during the quarter. Versor Investments LP’s holdings in U.S. Silica were worth $335,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SLCA. Vanguard Group Inc. boosted its stake in U.S. Silica by 2.8% in the first quarter. Vanguard Group Inc. now owns 5,123,161 shares of the mining company’s stock valued at $95,598,000 after acquiring an additional 140,656 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of U.S. Silica by 9.9% in the second quarter. Renaissance Technologies LLC now owns 4,349,108 shares of the mining company’s stock worth $49,667,000 after buying an additional 392,100 shares during the last quarter. State Street Corp raised its holdings in shares of U.S. Silica by 7.6% in the second quarter. State Street Corp now owns 3,825,633 shares of the mining company’s stock worth $43,689,000 after buying an additional 269,677 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of U.S. Silica by 10.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,262,638 shares of the mining company’s stock worth $60,878,000 after buying an additional 318,136 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of U.S. Silica by 52.4% in the first quarter. Invesco Ltd. now owns 1,478,513 shares of the mining company’s stock worth $27,589,000 after buying an additional 508,648 shares during the last quarter. 82.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SLCA. TheStreet raised shares of U.S. Silica from a “d+” rating to a “c” rating in a report on Monday, October 24th. Morgan Stanley reduced their target price on shares of U.S. Silica from $18.00 to $15.00 and set an “equal weight” rating for the company in a report on Wednesday, January 4th. Finally, StockNews.com raised shares of U.S. Silica from a “hold” rating to a “buy” rating in a report on Saturday.

U.S. Silica Price Performance

U.S. Silica stock opened at $11.36 on Monday. The company’s 50 day simple moving average is $12.81 and its 200-day simple moving average is $12.65. The company has a market capitalization of $860.05 million, a price-to-earnings ratio of 33.41 and a beta of 2.66. U.S. Silica Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $21.54. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.88 and a current ratio of 2.39.

U.S. Silica (NYSE:SLCAGet Rating) last announced its earnings results on Friday, October 28th. The mining company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.05. U.S. Silica had a net margin of 1.97% and a return on equity of 6.40%. The firm had revenue of $418.81 million for the quarter, compared to the consensus estimate of $415.17 million. As a group, equities research analysts expect that U.S. Silica Holdings, Inc. will post 1.07 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Diane K. Duren sold 16,089 shares of the company’s stock in a transaction on Friday, December 16th. The shares were sold at an average price of $11.43, for a total value of $183,897.27. Following the completion of the transaction, the director now owns 81,273 shares in the company, valued at approximately $928,950.39. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Diane K. Duren sold 16,089 shares of the stock in a transaction on Friday, December 16th. The shares were sold at an average price of $11.43, for a total transaction of $183,897.27. Following the completion of the sale, the director now owns 81,273 shares in the company, valued at approximately $928,950.39. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Donald A. Merril sold 35,879 shares of the stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $14.44, for a total transaction of $518,092.76. Following the sale, the chief financial officer now owns 200,197 shares of the company’s stock, valued at approximately $2,890,844.68. The disclosure for this sale can be found here. 3.20% of the stock is currently owned by company insiders.

U.S. Silica Profile

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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 fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for the manufacturing of glass products.

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Institutional Ownership by Quarter for U.S. Silica (NYSE:SLCA)

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