California State Teachers Retirement System Has $1.12 Million Position in U.S. Silica Holdings, Inc. (NYSE:SLCA)

California State Teachers Retirement System lowered its holdings in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) by 1.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,066 shares of the mining company’s stock after selling 1,270 shares during the period. California State Teachers Retirement System owned about 0.12% of U.S. Silica worth $1,123,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SLCA. Counterpoint Mutual Funds LLC acquired a new stake in shares of U.S. Silica in the 1st quarter valued at $112,000. Point72 Hong Kong Ltd acquired a new stake in shares of U.S. Silica in the 2nd quarter valued at $118,000. Captrust Financial Advisors lifted its position in U.S. Silica by 60.4% during the 1st quarter. Captrust Financial Advisors now owns 6,737 shares of the mining company’s stock worth $126,000 after buying an additional 2,538 shares in the last quarter. SG Americas Securities LLC acquired a new position in U.S. Silica during the 1st quarter worth about $127,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in U.S. Silica by 25.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,373 shares of the mining company’s stock worth $130,000 after buying an additional 2,334 shares in the last quarter. Institutional investors and hedge funds own 85.94% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Barclays reduced their price target on shares of U.S. Silica from $18.00 to $15.00 in a research report on Monday, July 17th. StockNews.com assumed coverage on shares of U.S. Silica in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, U.S. Silica has a consensus rating of “Hold” and a consensus target price of $15.00.

U.S. Silica Stock Performance

Shares of NYSE:SLCA opened at $13.00 on Friday. The stock has a market capitalization of $1.00 billion, a P/E ratio of 6.60 and a beta of 2.58. U.S. Silica Holdings, Inc. has a 1-year low of $10.36 and a 1-year high of $14.90. The company has a current ratio of 2.81, a quick ratio of 1.99 and a debt-to-equity ratio of 1.10. The business has a 50-day moving average price of $12.62 and a two-hundred day moving average price of $12.35.

U.S. Silica (NYSE:SLCA) last announced its quarterly earnings data on Thursday, July 27th. The mining company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.06. The firm had revenue of $406.78 million during the quarter, compared to analysts’ expectations of $434.79 million. U.S. Silica had a return on equity of 22.65% and a net margin of 9.20%. Equities analysts predict that U.S. Silica Holdings, Inc. will post 1.9 earnings per share for the current year.

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 fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for the manufacturing of glass products.