UBS Oconnor LLC increased its position in U.S. Silica Holdings, Inc. (NYSE:SLCA) by 62.6% during the third quarter, according to its most recent filing with the SEC. The fund owned 213,422 shares of the mining company’s stock after buying an additional 82,145 shares during the period. UBS Oconnor LLC’s holdings in U.S. Silica Holdings were worth $9,937,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SLCA. MCF Advisors LLC boosted its stake in U.S. Silica Holdings by 73.5% in the second quarter. MCF Advisors LLC now owns 2,997 shares of the mining company’s stock worth $103,000 after buying an additional 1,270 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of U.S. Silica Holdings by 103.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,399 shares of the mining company’s stock valued at $112,000 after buying an additional 1,218 shares in the last quarter. Panagora Asset Management Inc. acquired a new stake in shares of U.S. Silica Holdings during the second quarter valued at $153,000. Bank of Montreal Can boosted its stake in shares of U.S. Silica Holdings by 23.6% in the third quarter. Bank of Montreal Can now owns 3,305 shares of the mining company’s stock valued at $154,000 after buying an additional 631 shares in the last quarter. Finally, SevenBridge Financial Group LLC acquired a new stake in shares of U.S. Silica Holdings during the second quarter valued at $195,000. 83.03% of the stock is currently owned by hedge funds and other institutional investors.

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

U.S. Silica Holdings, Inc. (NYSE:SLCA) opened at 56.82 on Friday. The firm’s market cap is $4.01 billion. U.S. Silica Holdings, Inc. has a one year low of $13.54 and a one year high of $58.92. The stock’s 50 day moving average is $53.86 and its 200 day moving average is $44.53.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 5th. Investors of record on Thursday, December 15th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Tuesday, December 13th. U.S. Silica Holdings’s payout ratio is presently -29.41%.

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SLCA has been the topic of several analyst reports. Royal Bank Of Canada boosted their price objective on shares of U.S. Silica Holdings from $44.00 to $56.00 and gave the stock an “outperform” rating in a research note on Friday, September 23rd. RBC Capital Markets reissued a “buy” rating and issued a $56.00 price objective (up previously from $44.00) on shares of U.S. Silica Holdings in a research note on Friday, September 23rd. Raymond James Financial, Inc. boosted their price objective on shares of U.S. Silica Holdings from $44.00 to $56.00 and gave the stock an “outperform” rating in a research note on Friday, September 23rd. Johnson Rice initiated coverage on shares of U.S. Silica Holdings in a research note on Monday, October 10th. They issued an “accumulate” rating and a $56.00 price objective on the stock. Finally, Cowen and Company boosted their price objective on shares of U.S. Silica Holdings from $42.00 to $52.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $43.69.

In related news, SVP David D. Murry sold 5,971 shares of U.S. Silica Holdings stock in a transaction on Wednesday, December 7th. The shares were sold at an average price of $55.00, for a total value of $328,405.00. Following the transaction, the senior vice president now owns 14,458 shares in the company, valued at approximately $795,190. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP David D. Murry sold 6,353 shares of U.S. Silica Holdings stock in a transaction on Wednesday, October 19th. The stock was sold at an average price of $50.00, for a total transaction of $317,650.00. Following the completion of the transaction, the senior vice president now owns 14,840 shares in the company, valued at approximately $742,000. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.

U.S. Silica Holdings Company Profile

U.S. Silica Holdings, Inc (U.S. Silica) 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, the Company serves the oil and gas recovery market providing fracturing sand, or frac sand.

5 Day Chart for NYSE:SLCA

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