California Public Employees Retirement System Has $5.28 Million Holdings in U.S. Silica Holdings, Inc. (SLCA)

California Public Employees Retirement System trimmed its stake in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 4.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 148,800 shares of the mining company’s stock after selling 7,000 shares during the period. California Public Employees Retirement System owned 0.18% of U.S. Silica Holdings worth $5,281,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SLCA. Somerset Trust Co lifted its position in U.S. Silica Holdings by 0.7% during the 2nd quarter. Somerset Trust Co now owns 6,502 shares of the mining company’s stock valued at $231,000 after acquiring an additional 43 shares during the period. Covenant Asset Management LLC increased its stake in U.S. Silica Holdings by 0.5% during the 2nd quarter. Covenant Asset Management LLC now owns 20,240 shares of the mining company’s stock valued at $718,000 after purchasing an additional 100 shares in the last quarter. Texas Permanent School Fund increased its stake in U.S. Silica Holdings by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 53,265 shares of the mining company’s stock valued at $1,890,000 after purchasing an additional 445 shares in the last quarter. Prudential Financial Inc. increased its stake in U.S. Silica Holdings by 0.5% during the 1st quarter. Prudential Financial Inc. now owns 123,520 shares of the mining company’s stock valued at $5,928,000 after purchasing an additional 620 shares in the last quarter. Finally, Symphony Asset Management LLC increased its stake in U.S. Silica Holdings by 2.9% during the 2nd quarter. Symphony Asset Management LLC now owns 30,405 shares of the mining company’s stock valued at $1,079,000 after purchasing an additional 863 shares in the last quarter.

A number of analysts have weighed in on SLCA shares. BidaskClub upgraded shares of U.S. Silica Holdings from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Royal Bank Of Canada set a $60.00 price target on shares of U.S. Silica Holdings and gave the stock a “buy” rating in a research note on Saturday, July 1st. Jefferies Group LLC restated a “buy” rating and set a $65.00 target price on shares of U.S. Silica Holdings in a research report on Thursday, July 6th. Zacks Investment Research lowered shares of U.S. Silica Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $42.00 price target (down previously from $65.00) on shares of U.S. Silica Holdings in a report on Thursday, July 20th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $49.03.

U.S. Silica Holdings, Inc. (SLCA) traded down 0.89% during mid-day trading on Friday, reaching $27.94. 55,251 shares of the company were exchanged. U.S. Silica Holdings, Inc. has a 1-year low of $24.26 and a 1-year high of $61.49. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 159.66 and a beta of 2.32. The stock’s 50-day moving average price is $29.67 and its 200-day moving average price is $33.07.

U.S. Silica Holdings (NYSE:SLCA) last posted its earnings results on Monday, July 31st. The mining company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. U.S. Silica Holdings had a return on equity of 1.92% and a net margin of 1.60%. The business had revenue of $290.50 million during the quarter, compared to analyst estimates of $316.43 million. During the same quarter last year, the firm earned ($0.17) earnings per share. The company’s revenue for the quarter was up 148.3% compared to the same quarter last year. On average, equities research analysts anticipate that U.S. Silica Holdings, Inc. will post $1.53 EPS for the current fiscal year.

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U.S. Silica Holdings Profile

U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.

Institutional Ownership by Quarter for U.S. Silica Holdings (NYSE:SLCA)

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