Diversified Trust Co Makes New Investment in U.S. Silica Holdings, Inc. (NYSE:SLCA)

Diversified Trust Co purchased a new position in U.S. Silica Holdings, Inc. (NYSE:SLCA) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 15,020 shares of the mining company’s stock, valued at approximately $186,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Qube Research & Technologies Ltd lifted its position in U.S. Silica by 649.2% during the third quarter. Qube Research & Technologies Ltd now owns 155,812 shares of the mining company’s stock valued at $2,188,000 after purchasing an additional 135,016 shares in the last quarter. Graham Capital Management L.P. lifted its position in U.S. Silica by 6.8% during the third quarter. Graham Capital Management L.P. now owns 16,909 shares of the mining company’s stock valued at $237,000 after purchasing an additional 1,078 shares in the last quarter. American Century Companies Inc. lifted its position in U.S. Silica by 12.4% during the third quarter. American Century Companies Inc. now owns 1,040,426 shares of the mining company’s stock valued at $14,608,000 after purchasing an additional 114,579 shares in the last quarter. Wellington Management Group LLP lifted its position in U.S. Silica by 3.7% during the third quarter. Wellington Management Group LLP now owns 777,361 shares of the mining company’s stock valued at $10,914,000 after purchasing an additional 27,700 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its position in U.S. Silica by 39.6% during the fourth quarter. North Star Investment Management Corp. now owns 447,870 shares of the mining company’s stock valued at $5,065,000 after purchasing an additional 127,045 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

U.S. Silica Stock Performance

Shares of NYSE SLCA opened at $15.44 on Friday. The business’s 50 day moving average is $15.47 and its two-hundred day moving average is $12.96. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.62 and a quick ratio of 2.74. U.S. Silica Holdings, Inc. has a 1-year low of $10.09 and a 1-year high of $16.03. The stock has a market capitalization of $1.21 billion, a P/E ratio of 10.50 and a beta of 1.99.

U.S. Silica (NYSE:SLCA) last issued its quarterly earnings data on Friday, April 26th. The mining company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $325.90 million for 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 for the quarter was down 26.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 earnings per share. As a group, research analysts expect that U.S. Silica Holdings, Inc. will post 1.02 EPS for the current year.

Insiders Place Their Bets

In other U.S. Silica news, EVP Zach Carusona sold 42,605 shares of the company’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $15.55, for a total transaction of $662,507.75. Following the completion of the sale, the executive vice president now owns 160,929 shares in the company, valued at $2,502,445.95. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. StockNews.com assumed coverage on U.S. Silica in a research report on Monday, July 1st. They set a “hold” rating on the stock. Citigroup boosted their price objective on U.S. Silica from $13.50 to $15.50 and gave the company a “neutral” rating in a research report on Wednesday, May 1st.

U.S. Silica Company Profile

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.