U.S. Silica Holdings Inc (NYSE:SLCA) EVP Bradford B. Casper sold 8,700 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $34.21, for a total transaction of $297,627.00. Following the transaction, the executive vice president now directly owns 18,593 shares in the company, valued at $636,066.53. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

U.S. Silica Holdings Inc (NYSE:SLCA) traded down $2.18 during mid-day trading on Wednesday, reaching $31.74. 3,376,800 shares of the company’s stock were exchanged, compared to its average volume of 2,498,726. 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 one year low of $24.26 and a one year high of $61.49. The company has a market capitalization of $2,755.26, a PE ratio of 37.28 and a beta of 2.32.

U.S. Silica (NYSE:SLCA) last released its earnings results on Monday, November 6th. The mining company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.02. U.S. Silica had a net margin of 6.24% and a return on equity of 5.73%. The business had revenue of $345.00 million during the quarter, compared to analysts’ expectations of $328.91 million. During the same quarter last year, the company earned ($0.13) earnings per share. The firm’s revenue was up 150.5% on a year-over-year basis. equities analysts forecast that U.S. Silica Holdings Inc will post 1.54 earnings per share for the current fiscal year.

U.S. Silica announced that its board has authorized a stock buyback plan on Monday, November 6th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the mining company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 15th will be paid a $0.063 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, December 14th. U.S. Silica’s payout ratio is presently 31.25%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLCA. Winch Advisory Services LLC lifted its stake in shares of U.S. Silica by 109.0% in the second quarter. Winch Advisory Services LLC now owns 4,127 shares of the mining company’s stock valued at $146,000 after buying an additional 2,152 shares during the period. Riverhead Capital Management LLC lifted its stake in shares of U.S. Silica by 69.0% in the second quarter. Riverhead Capital Management LLC now owns 4,226 shares of the mining company’s stock valued at $150,000 after buying an additional 1,726 shares during the period. Verde Servicos Internacionais S.A. bought a new stake in shares of U.S. Silica in the third quarter valued at about $201,000. Everence Capital Management Inc. lifted its stake in shares of U.S. Silica by 20.5% in the second quarter. Everence Capital Management Inc. now owns 6,050 shares of the mining company’s stock valued at $215,000 after buying an additional 1,030 shares during the period. Finally, QS Investors LLC lifted its stake in shares of U.S. Silica by 0.3% in the second quarter. QS Investors LLC now owns 6,128 shares of the mining company’s stock valued at $217,000 after buying an additional 18 shares during the period.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of U.S. Silica from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 11th. Seaport Global Securities began coverage on shares of U.S. Silica in a report on Friday, December 8th. They set a “buy” rating and a $59.00 price target for the company. B. Riley began coverage on shares of U.S. Silica in a report on Wednesday, December 6th. They set a “buy” rating and a $40.00 price target for the company. ValuEngine upgraded shares of U.S. Silica from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Finally, Barclays upgraded shares of U.S. Silica from an “equal weight” rating to an “overweight” rating and set a $39.00 price target for the company in a report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nineteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $48.50.

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U.S. Silica Company Profile

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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