Mackenzie Financial Corp Has $124,000 Position in U.S. Silica Holdings, Inc. (NYSE:SLCA)

Mackenzie Financial Corp cut its holdings in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 36.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,969 shares of the mining company’s stock after selling 6,293 shares during the quarter. Mackenzie Financial Corp’s holdings in U.S. Silica were worth $124,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. C M Bidwell & Associates Ltd. bought a new stake in shares of U.S. Silica in the third quarter valued at about $109,000. Perfromance Wealth Partners LLC bought a new stake in U.S. Silica in the 3rd quarter valued at approximately $140,000. Callahan Advisors LLC acquired a new position in U.S. Silica during the 4th quarter worth approximately $124,000. Aigen Investment Management LP bought a new position in shares of U.S. Silica during the 3rd quarter worth approximately $187,000. Finally, WINTON GROUP Ltd acquired a new stake in shares of U.S. Silica in the third quarter valued at approximately $198,000. 87.77% of the stock is owned by institutional investors.

U.S. Silica Stock Performance

Shares of SLCA stock opened at $15.56 on Tuesday. U.S. Silica Holdings, Inc. has a 12 month low of $10.09 and a 12 month high of $16.03. The company’s fifty day simple moving average is $12.35 and its 200-day simple moving average is $11.66. The firm has a market cap of $1.22 billion, a PE ratio of 10.59 and a beta of 2.23. The company has a quick ratio of 2.74, a current ratio of 3.62 and a debt-to-equity ratio of 0.92.

U.S. Silica (NYSE:SLCA) last issued its quarterly earnings results on Friday, April 26th. The mining company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $325.90 million for the quarter, compared to analysts’ expectations of $336.59 million. U.S. Silica had a net margin of 8.08% and a return on equity of 13.77%. The company’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 EPS. Equities research analysts expect that U.S. Silica Holdings, Inc. will post 1.17 EPS for the current fiscal year.

Insider Activity at U.S. Silica

In other U.S. Silica news, EVP Stacy Russell sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $12.00, for a total transaction of $240,000.00. Following the transaction, the executive vice president now owns 186,752 shares of the company’s stock, valued at approximately $2,241,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the completion of the sale, the executive vice president now directly owns 174,772 shares in the company, valued at approximately $2,446,808. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stacy Russell sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $12.00, for a total value of $240,000.00. Following the transaction, the executive vice president now directly owns 186,752 shares in the company, valued at approximately $2,241,024. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 109,038 shares of company stock valued at $1,552,570. Insiders own 3.60% of the company’s stock.

About U.S. Silica

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.