U.S. Silica Holdings Inc (NYSE:SLCA) SVP Donna Lynnette Crowder purchased 10,000 shares of the stock in a transaction dated Wednesday, March 25th. The stock was acquired at an average cost of $1.46 per share, with a total value of $14,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
NYSE:SLCA traded up $0.29 during midday trading on Thursday, reaching $1.75. 2,141,813 shares of the stock traded hands, compared to its average volume of 3,184,179. U.S. Silica Holdings Inc has a 12-month low of $0.79 and a 12-month high of $18.72. The business has a 50-day moving average of $3.89 and a two-hundred day moving average of $5.96. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.15 and a current ratio of 1.52. The stock has a market capitalization of $92.19 million, a PE ratio of -0.39 and a beta of 2.44.
U.S. Silica (NYSE:SLCA) last posted its earnings results on Tuesday, February 25th. The mining company reported ($0.53) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.56) by $0.03. U.S. Silica had a negative net margin of 22.32% and a negative return on equity of 4.98%. The company had revenue of $339.06 million during the quarter, compared to analysts’ expectations of $294.72 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. U.S. Silica’s revenue for the quarter was down 5.1% compared to the same quarter last year. Research analysts anticipate that U.S. Silica Holdings Inc will post -1.69 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Friday, March 13th will be paid a dividend of $0.02 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.08 dividend on an annualized basis and a yield of 4.57%. U.S. Silica’s payout ratio is -12.50%.
A number of institutional investors have recently modified their holdings of the business. ProShare Advisors LLC increased its stake in U.S. Silica by 17.1% during the 4th quarter. ProShare Advisors LLC now owns 11,961 shares of the mining company’s stock valued at $74,000 after purchasing an additional 1,748 shares in the last quarter. Swiss National Bank increased its stake in U.S. Silica by 2.5% during the 4th quarter. Swiss National Bank now owns 133,850 shares of the mining company’s stock valued at $823,000 after purchasing an additional 3,300 shares in the last quarter. FMR LLC increased its stake in U.S. Silica by 624.3% during the 1st quarter. FMR LLC now owns 4,230 shares of the mining company’s stock valued at $73,000 after purchasing an additional 3,646 shares in the last quarter. M&T Bank Corp increased its stake in U.S. Silica by 33.1% during the 4th quarter. M&T Bank Corp now owns 18,521 shares of the mining company’s stock valued at $113,000 after purchasing an additional 4,602 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in U.S. Silica by 7.9% during the 4th quarter. UBS Asset Management Americas Inc. now owns 73,753 shares of the mining company’s stock valued at $454,000 after purchasing an additional 5,389 shares in the last quarter. Institutional investors and hedge funds own 93.42% of the company’s stock.
Several equities research analysts have recently weighed in on the stock. Stephens cut shares of U.S. Silica to a “sell” rating in a research report on Friday, March 20th. Zacks Investment Research cut shares of U.S. Silica from a “hold” rating to a “strong sell” rating and set a $5.75 price target for the company. in a research report on Monday, December 9th. ValuEngine cut shares of U.S. Silica from a “buy” rating to a “hold” rating in a research report on Tuesday, March 17th. Citigroup cut shares of U.S. Silica to a “sell” rating in a research report on Friday, March 13th. Finally, Evercore ISI cut shares of U.S. Silica to a “sell” rating in a research report on Tuesday, March 17th. Six investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $9.80.
About U.S. Silica
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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