U.S. Silica Holdings, Inc. (NYSE:SLCA) Shares Bought by Boston Partners

Boston Partners grew its holdings in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) by 49.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,027,823 shares of the mining company’s stock after buying an additional 669,534 shares during the period. Boston Partners owned 2.60% of U.S. Silica worth $26,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in shares of U.S. Silica in the 4th quarter valued at $41,000. Callahan Advisors LLC acquired a new position in U.S. Silica in the fourth quarter valued at about $124,000. Cutter & CO Brokerage Inc. acquired a new position in shares of U.S. Silica during the first quarter worth approximately $148,000. Bayesian Capital Management LP acquired a new position in shares of U.S. Silica during the first quarter worth approximately $159,000. Finally, Victory Capital Management Inc. lifted its position in shares of U.S. Silica by 26.3% during the fourth quarter. Victory Capital Management Inc. now owns 16,235 shares of the mining company’s stock worth $184,000 after purchasing an additional 3,378 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

U.S. Silica Price Performance

Shares of SLCA traded down $0.01 during mid-day trading on Friday, reaching $15.49. The company had a trading volume of 4,767,680 shares, compared to its average volume of 2,065,190. The company’s 50 day simple moving average is $15.45 and its 200 day simple moving average is $13.59. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.74 and a current ratio of 3.62. U.S. Silica Holdings, Inc. has a 1-year low of $10.09 and a 1-year high of $16.03. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.54 and a beta of 1.99.

Analyst Upgrades and Downgrades

Several brokerages have commented on SLCA. StockNews.com began coverage on shares of U.S. Silica in a research note on Friday. They issued a “hold” rating for the company. Citigroup raised their target price on shares of U.S. Silica from $13.50 to $15.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st.

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.