U.S. Silica Holdings, Inc. (NYSE:SLCA) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,930 shares of the mining company’s stock after acquiring an additional 2,402 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in U.S. Silica were worth $384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in SLCA. Pacer Advisors Inc. boosted its stake in U.S. Silica by 90.4% during the fourth quarter. Pacer Advisors Inc. now owns 3,817,279 shares of the mining company’s stock worth $43,173,000 after buying an additional 1,811,951 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in U.S. Silica by 103.7% during the third quarter. Assenagon Asset Management S.A. now owns 810,506 shares of the mining company’s stock worth $11,380,000 after buying an additional 412,583 shares during the last quarter. One Fin Capital Management LP boosted its stake in U.S. Silica by 35.0% during the third quarter. One Fin Capital Management LP now owns 607,282 shares of the mining company’s stock worth $8,526,000 after buying an additional 157,282 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in U.S. Silica by 649.2% during the third quarter. Qube Research & Technologies Ltd now owns 155,812 shares of the mining company’s stock worth $2,188,000 after buying an additional 135,016 shares during the last quarter. Finally, North Star Investment Management Corp. boosted its stake in U.S. Silica by 39.6% during the fourth quarter. North Star Investment Management Corp. now owns 447,870 shares of the mining company’s stock worth $5,065,000 after buying an additional 127,045 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

U.S. Silica Stock Performance

NYSE SLCA opened at $15.89 on Friday. The stock’s fifty day moving average is $12.25 and its two-hundred day moving average is $11.66. The firm has a market capitalization of $1.24 billion, a P/E ratio of 8.50 and a beta of 2.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.43 and a current ratio of 3.23. U.S. Silica Holdings, Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $16.03.

U.S. Silica (NYSE:SLCA) last announced its quarterly earnings results on Tuesday, February 27th. The mining company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. U.S. Silica had a return on equity of 18.56% and a net margin of 9.47%. The business 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 company posted $0.43 EPS. The company’s quarterly revenue was down 18.6% on a year-over-year basis. On average, research analysts anticipate that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current year.

Insider Activity

In other news, EVP Stacy Russell sold 20,000 shares of the company’s stock in a transaction 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 owns 186,752 shares of the company’s stock, valued at approximately $2,241,024. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP James Derek Ussery sold 46,433 shares of the business’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $14.00, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Stacy Russell sold 20,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $12.00, for a total value of $240,000.00. Following the completion of the sale, the executive vice president now owns 186,752 shares in the company, valued at approximately $2,241,024. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

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.