U.S. Silica Holdings Inc (SLCA) Position Lifted by Zeke Capital Advisors LLC

Zeke Capital Advisors LLC increased its stake in U.S. Silica Holdings Inc (NYSE:SLCA) by 52.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 22,612 shares of the mining company’s stock after acquiring an additional 7,761 shares during the quarter. Zeke Capital Advisors LLC’s holdings in U.S. Silica were worth $393,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its stake in U.S. Silica by 44.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 33,269 shares of the mining company’s stock worth $339,000 after buying an additional 10,290 shares during the period. Texas Permanent School Fund increased its stake in U.S. Silica by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 50,722 shares of the mining company’s stock worth $516,000 after buying an additional 1,973 shares during the period. Macquarie Group Ltd. increased its stake in U.S. Silica by 10.4% in the 4th quarter. Macquarie Group Ltd. now owns 1,396,691 shares of the mining company’s stock worth $14,218,000 after buying an additional 131,383 shares during the period. MetLife Investment Advisors LLC increased its stake in U.S. Silica by 41.9% in the 3rd quarter. MetLife Investment Advisors LLC now owns 54,451 shares of the mining company’s stock worth $1,025,000 after buying an additional 16,090 shares during the period. Finally, Welch & Forbes LLC purchased a new position in U.S. Silica in the 4th quarter worth about $742,000.

SLCA has been the topic of several recent analyst reports. B. Riley set a $19.00 price target on shares of U.S. Silica and gave the stock a “buy” rating in a research note on Friday, February 22nd. Seaport Global Securities set a $21.00 price target on shares of U.S. Silica and gave the stock a “buy” rating in a research note on Thursday, April 4th. Stifel Nicolaus set a $18.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a report on Wednesday, February 20th. TheStreet cut shares of U.S. Silica from a “c” rating to a “d+” rating in a report on Monday, March 4th. Finally, Barclays cut shares of U.S. Silica from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $20.00 to $15.00 in a report on Tuesday, January 15th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $22.53.

Shares of U.S. Silica stock opened at $14.54 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.68 and a debt-to-equity ratio of 1.35. U.S. Silica Holdings Inc has a 1 year low of $9.30 and a 1 year high of $34.34. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 15.15 and a beta of 2.34.

U.S. Silica (NYSE:SLCA) last issued its earnings results on Wednesday, May 1st. The mining company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.06. U.S. Silica had a negative net margin of 15.85% and a positive return on equity of 9.28%. The company had revenue of $378.75 million for the quarter, compared to analysts’ expectations of $354.83 million. During the same period in the prior year, the business earned $0.54 EPS. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. As a group, equities research analysts forecast that U.S. Silica Holdings Inc will post -0.08 earnings per share for the current fiscal year.

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U.S. Silica Profile

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It 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 manufacturing glass products.

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

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