U.S. Silica Holdings, Inc. (SLCA) Shares Bought by Advisor Group Inc.

Advisor Group Inc. lifted its position in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 79.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,738 shares of the mining company’s stock after buying an additional 5,621 shares during the period. Advisor Group Inc.’s holdings in U.S. Silica were worth $396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Stanley Capital Management LLC boosted its stake in shares of U.S. Silica by 14.5% during the 3rd quarter. Stanley Capital Management LLC now owns 94,106 shares of the mining company’s stock worth $2,924,000 after buying an additional 11,900 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in U.S. Silica by 77.5% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 30,570 shares of the mining company’s stock valued at $950,000 after purchasing an additional 13,350 shares during the last quarter. Sei Investments Co. lifted its stake in U.S. Silica by 54.5% in the 3rd quarter. Sei Investments Co. now owns 178,822 shares of the mining company’s stock valued at $5,556,000 after purchasing an additional 63,092 shares during the last quarter. Community Trust & Investment Co. lifted its stake in U.S. Silica by 134.0% in the 3rd quarter. Community Trust & Investment Co. now owns 303,283 shares of the mining company’s stock valued at $9,423,000 after purchasing an additional 173,692 shares during the last quarter. Finally, Tygh Capital Management Inc. lifted its stake in U.S. Silica by 359.0% in the 3rd quarter. Tygh Capital Management Inc. now owns 173,137 shares of the mining company’s stock valued at $5,379,000 after purchasing an additional 135,417 shares during the last quarter.

Several equities research analysts recently issued reports on SLCA shares. Piper Jaffray Companies reiterated a “buy” rating and issued a $36.00 target price on shares of U.S. Silica in a research note on Thursday, October 19th. Jefferies Group set a $40.00 price target on shares of U.S. Silica and gave the company a “buy” rating in a report on Monday, August 28th. BidaskClub raised shares of U.S. Silica from a “sell” rating to a “hold” rating in a report on Saturday, September 2nd. Zacks Investment Research raised shares of U.S. Silica from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Tuesday, October 24th. Finally, ValuEngine cut shares of U.S. Silica from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $48.05.

Shares of U.S. Silica Holdings, Inc. (NYSE SLCA) traded down $1.69 during trading on Wednesday, reaching $31.26. 827,717 shares of the company’s stock were exchanged, compared to its average volume of 2,500,229. The firm has a market capitalization of $2,770.70, a price-to-earnings ratio of 37.48 and a beta of 2.32. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.67 and a quick ratio of 3.26. U.S. Silica Holdings, Inc. has a 1 year low of $24.26 and a 1 year high of $61.49.

U.S. Silica (NYSE:SLCA) last issued its quarterly earnings results on Monday, November 6th. The mining company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.02. The company had revenue of $345.00 million for the quarter, compared to analyst estimates of $328.91 million. U.S. Silica had a net margin of 6.24% and a return on equity of 5.73%. U.S. Silica’s revenue was up 150.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share. research analysts expect that U.S. Silica Holdings, Inc. will post 1.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.063 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.81%. U.S. Silica’s dividend payout ratio (DPR) is presently 31.25%.

U.S. Silica declared that its Board of Directors has approved a share repurchase program on Monday, November 6th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the mining company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

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About U.S. Silica

U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.

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

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