U.S. Silica Holdings, Inc. (SLCA) Holdings Held by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky maintained its position in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,700 shares of the mining company’s stock at the end of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in U.S. Silica Holdings were worth $841,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SLCA. First Trust Advisors LP lifted its holdings in U.S. Silica Holdings by 18.0% in the first quarter. First Trust Advisors LP now owns 36,499 shares of the mining company’s stock worth $1,752,000 after purchasing an additional 5,556 shares during the period. US Bancorp DE lifted its holdings in U.S. Silica Holdings by 144.2% in the first quarter. US Bancorp DE now owns 5,203 shares of the mining company’s stock worth $250,000 after purchasing an additional 3,072 shares during the period. Karp Capital Management Corp acquired a new stake in U.S. Silica Holdings in the first quarter worth about $785,000. Parametric Portfolio Associates LLC lifted its holdings in U.S. Silica Holdings by 14.2% in the first quarter. Parametric Portfolio Associates LLC now owns 136,342 shares of the mining company’s stock worth $6,543,000 after purchasing an additional 16,934 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in U.S. Silica Holdings by 75.1% in the first quarter. JPMorgan Chase & Co. now owns 124,970 shares of the mining company’s stock worth $5,997,000 after purchasing an additional 53,593 shares during the period.

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U.S. Silica Holdings, Inc. (NYSE SLCA) opened at 29.68 on Friday. The firm has a market cap of $2.41 billion, a P/E ratio of 169.60 and a beta of 2.32. The stock has a 50 day moving average price of $29.40 and a 200-day moving average price of $34.42. U.S. Silica Holdings, Inc. has a one year low of $24.26 and a one year high of $61.49.

U.S. Silica Holdings (NYSE:SLCA) last released its quarterly earnings results on Monday, July 31st. The mining company reported $0.38 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.01. The company had revenue of $290.50 million for the quarter, compared to analyst estimates of $316.43 million. U.S. Silica Holdings had a return on equity of 1.92% and a net margin of 1.60%. U.S. Silica Holdings’s revenue was up 148.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.17) earnings per share. Analysts predict that U.S. Silica Holdings, Inc. will post $1.55 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Friday, September 15th were given a dividend of $0.063 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.85%. This is a positive change from U.S. Silica Holdings’s previous quarterly dividend of $0.06. U.S. Silica Holdings’s dividend payout ratio (DPR) is currently 192.31%.

Several equities research analysts have commented on the stock. Royal Bank Of Canada set a $60.00 price target on shares of U.S. Silica Holdings and gave the stock a “buy” rating in a research report on Saturday, July 1st. BidaskClub cut shares of U.S. Silica Holdings from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Barclays PLC reiterated an “equal weight” rating and issued a $45.00 price target on shares of U.S. Silica Holdings in a research report on Wednesday, August 2nd. Zacks Investment Research upgraded shares of U.S. Silica Holdings from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Thursday, July 27th. Finally, Cowen and Company dropped their price target on shares of U.S. Silica Holdings from $60.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 2nd. Three research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $49.66.

About U.S. Silica Holdings

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.

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

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