Everence Capital Management Inc. Purchases New Position in U.S. Silica Holdings, Inc. (NYSE:SLCA)

Everence Capital Management Inc. purchased a new stake in U.S. Silica Holdings, Inc. (NYSE:SLCA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 18,970 shares of the mining company’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. grew its stake in U.S. Silica by 3.9% in the 2nd quarter. BlackRock Inc. now owns 14,569,371 shares of the mining company’s stock valued at $176,726,000 after buying an additional 549,710 shares during the last quarter. Vanguard Group Inc. grew its position in shares of U.S. Silica by 7.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,443,977 shares of the mining company’s stock worth $70,562,000 after purchasing an additional 422,719 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of U.S. Silica by 13.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,437,247 shares of the mining company’s stock worth $52,980,000 after purchasing an additional 529,894 shares in the last quarter. State Street Corp grew its position in shares of U.S. Silica by 7.6% during the 2nd quarter. State Street Corp now owns 3,825,633 shares of the mining company’s stock worth $43,689,000 after purchasing an additional 269,677 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in shares of U.S. Silica by 90.4% during the 4th quarter. Pacer Advisors Inc. now owns 3,817,279 shares of the mining company’s stock worth $43,173,000 after purchasing an additional 1,811,951 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

U.S. Silica Stock Performance

Shares of NYSE:SLCA opened at $12.82 on Friday. The company’s 50 day moving average price is $12.06 and its two-hundred day moving average price is $11.66. U.S. Silica Holdings, Inc. has a 12-month low of $10.09 and a 12-month high of $14.64. The firm has a market cap of $1.00 billion, a PE ratio of 6.86 and a beta of 2.23. The company has a quick ratio of 2.43, a current ratio of 3.23 and a debt-to-equity ratio of 0.96.

U.S. Silica (NYSE:SLCA) last announced its earnings results on Tuesday, February 27th. The mining company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The firm had revenue of $336.00 million for the quarter, compared to analyst estimates of $343.72 million. During the same quarter in the prior year, the business posted $0.43 EPS. The business’s revenue was down 18.6% compared to the same quarter last year. Equities research analysts predict that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Stacy Russell sold 20,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $12.00, for a total transaction of $240,000.00. Following the sale, the executive vice president now owns 186,752 shares in the company, valued at approximately $2,241,024. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Stacy Russell sold 20,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $12.00, for a total transaction of $240,000.00. Following the sale, the executive vice president now owns 186,752 shares in the company, valued at approximately $2,241,024. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP James Derek Ussery sold 46,433 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $14.00, for a total transaction of $650,062.00. Following the sale, the executive vice president now owns 174,772 shares in the company, valued at approximately $2,446,808. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

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.