Quadrature Capital Ltd Increases Stock Holdings in U.S. Silica Holdings, Inc. (NYSE:SLCA)

Quadrature Capital Ltd grew its position in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 68.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,665 shares of the mining company’s stock after buying an additional 7,580 shares during the quarter. Quadrature Capital Ltd’s holdings in U.S. Silica were worth $211,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. GAMMA Investing LLC purchased a new position in shares of U.S. Silica in the fourth quarter valued at $41,000. Callahan Advisors LLC purchased a new stake in U.S. Silica during the 4th quarter worth about $124,000. Victory Capital Management Inc. increased its position in U.S. Silica by 26.3% during the 4th quarter. Victory Capital Management Inc. now owns 16,235 shares of the mining company’s stock worth $184,000 after purchasing an additional 3,378 shares in the last quarter. Graham Capital Management L.P. increased its position in U.S. Silica by 6.8% during the 3rd quarter. Graham Capital Management L.P. now owns 16,909 shares of the mining company’s stock worth $237,000 after purchasing an additional 1,078 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in U.S. Silica by 19.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 17,659 shares of the mining company’s stock worth $248,000 after purchasing an additional 2,900 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

SLCA has been the subject of a number of recent research reports. Citigroup lifted their price objective on U.S. Silica from $13.50 to $15.50 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. StockNews.com initiated coverage on U.S. Silica in a research report on Sunday, June 23rd. They set a “hold” rating for the company.

U.S. Silica Stock Up 0.1 %

SLCA opened at $15.44 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.62 and a quick ratio of 2.74. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.50 and a beta of 2.03. The business has a 50-day moving average of $15.22 and a two-hundred day moving average of $12.78. U.S. Silica Holdings, Inc. has a 12 month low of $10.09 and a 12 month high of $16.03.

U.S. Silica (NYSE:SLCA) last posted its quarterly earnings results on Friday, April 26th. The mining company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $325.90 million during the quarter, compared to analysts’ expectations of $336.59 million. U.S. Silica had a return on equity of 13.77% and a net margin of 8.08%. The firm’s revenue was down 26.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. On average, research analysts expect that U.S. Silica Holdings, Inc. will post 1.02 earnings per share for the current year.

Insider Buying and Selling at U.S. Silica

In other news, EVP Zach Carusona sold 42,605 shares of U.S. Silica stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $15.55, for a total value of $662,507.75. Following the transaction, the executive vice president now directly owns 160,929 shares of the company’s stock, valued at approximately $2,502,445.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Zach Carusona sold 42,605 shares of U.S. Silica stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $15.55, for a total value of $662,507.75. Following the transaction, the executive vice president now directly owns 160,929 shares of the company’s stock, valued at approximately $2,502,445.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James Derek Ussery sold 46,433 shares of U.S. Silica stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the completion of the transaction, the executive vice president now directly owns 174,772 shares in the company, valued at $2,446,808. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

About U.S. Silica

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.