U.S. Silica (NYSE:SLCA) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of U.S. Silica (NYSE:SLCA) in a research note released on Saturday. The firm issued a hold rating on the mining company’s stock.

Separately, Citigroup upped their price target on 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 Price Performance

Shares of U.S. Silica stock traded down $0.01 during trading hours on Friday, reaching $15.49. The company’s stock had a trading volume of 4,767,600 shares, compared to its average volume of 1,414,049. The stock has a market cap of $1.21 billion, a P/E ratio of 10.54 and a beta of 1.99. U.S. Silica has a one year low of $10.09 and a one year high of $16.03. The firm has a 50 day moving average price of $15.45 and a 200-day moving average price of $13.76. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.62 and a quick ratio of 2.74.

Institutional Trading of U.S. Silica

Several large investors have recently modified their holdings of SLCA. Dimensional Fund Advisors LP grew its holdings in shares of U.S. Silica by 3.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,115,616 shares of the mining company’s stock worth $57,858,000 after buying an additional 184,449 shares in the last quarter. Van ECK Associates Corp grew its stake in U.S. Silica by 198.3% in the 1st quarter. Van ECK Associates Corp now owns 4,720,901 shares of the mining company’s stock worth $57,839,000 after acquiring an additional 3,138,425 shares during the period. Boston Partners lifted its stake in shares of U.S. Silica by 49.3% during the 1st quarter. Boston Partners now owns 2,027,823 shares of the mining company’s stock worth $26,034,000 after purchasing an additional 669,534 shares during the period. American Century Companies Inc. boosted its holdings in shares of U.S. Silica by 28.4% during the second quarter. American Century Companies Inc. now owns 1,841,717 shares of the mining company’s stock worth $28,455,000 after purchasing an additional 406,928 shares during the last quarter. Finally, Trium Capital LLP purchased a new stake in shares of U.S. Silica in the second quarter valued at $16,093,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

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 frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.