Co. Reduces Position in US Silica Holdings, Inc. (NYSE:SLCA)

Lloyd Doyle
December 7, 2017

(NYSE:SLCA) has seen its stock price gain 22.57, or -39.82%, so far in 2017. The number of shares now owned by investors are 174.62 mln. U.S. Silica Holdings's dividend payout ratio (DPR) is presently -29.41%. Co.'s portfolio, making the stock its 17th biggest position. Co. owned about 0.50% of U.S. Silica worth $12,521,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company.

Tracking other technical indicators, the 14-day RSI is presently standing at 44.96, the 7-day sits at 34.30, and the 3-day is resting at 18.24 for U.S. Silica Holdings Inc (SLCA).

International, Ltd. (CTRP) stock price tumbled -0.37% to finalize at $45.95 throughout previous buying and selling session. U.S. Silica has $70 highest and $14 lowest target. Public Employees Retirement System of OH now owns 48,908 shares of the mining company's stock worth $1,520,000 after purchasing an additional 14,546 shares in the last quarter. Chicago Partners Investment Group LLC now owns 15,285 shares of the mining company's stock valued at $475,000 after purchasing an additional 15,007 shares during the last quarter.

Shares of U.S. Silica (SLCA) traded down $1.16 during trading hours on Wednesday, hitting $32.95. Tortoise Capital Advisors L.L.C. now owns 180,710 shares of the mining company's stock worth $5,615,000 after purchasing an additional 58,412 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in U.S. Silica by 78.0% during the 2nd quarter. Municipal Employees Retirement System of MI now owns 17,220 shares of the mining company's stock worth $611,000 after purchasing an additional 890 shares in the last quarter.

U.S. Silica Holdings, Inc. That puts the market capitalization at $2.77 bln. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.26 and a current ratio of 3.67. U.S. Silica Holdings, Inc. has a 52 week low of $24.26 and a 52 week high of $61.49.

U.S. Silica (NYSE:SLCA) last issued its earnings results on Monday, November 6th. They expect $0.57 earnings per share, up 733.33% or $0.66 from last year's $-0.09 per share. The company had revenue of $244.80 million during the quarter, compared to analyst estimates of $236.88 million. U.S. Silica had a net margin of 6.24% and a return on equity of 5.73%. The firm's quarterly revenue was up 150.5% compared to the same quarter a year ago.

We can also take a look at the Average Directional Index or ADX of U.S. Silica Holdings Inc (SLCA).

The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. In general, and ADX value from 0-25 would represent an absent or weak trend. The ex-dividend date is Tuesday, June 13th. GSA Capital Partners LLP acquired a new stake in shares of U.S. Silica in the 3rd quarter worth $632,000.

U.S. Silica announced that its Board of Directors has approved a share repurchase program on Monday, November 6th that authorizes the company to repurchase $100.00 million in shares. Discovery Capital Management Llc sold 780,700 shares as U S Silica Hldgs Inc (SLCA)'s stock declined 29.01%. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

The stock price volatility prevailed at 4.36% in recent month and negotiated volatility at 4.61% for the week. $38.43's average target is 20.85% above currents $31.8 stock price.

Among 6 analysts covering Cable One Inc (NYSE:CABO), 2 have Buy rating, 3 Sell and 1 Hold. The firm has "Buy" rating given on Wednesday, April 12 by Jefferies. SunTrust Banks reissued a "buy" rating and issued a $43.00 price objective (up previously from $35.00) on shares of U.S. Silica in a research note on Thursday, September 28th. ValuEngine downgraded U.S. Silica from a "hold" rating to a "sell" rating in a research note on Friday, September 1st. The firm has chose to set a "Buy" rating along with a $40, adding 23.57 % to the target.

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