U.S. Silica Holdings Inc (NYSE:SLCA) has been assigned an average rating of “Buy” from the twenty-three analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and nineteen have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $45.53.

SLCA has been the subject of a number of recent research reports. Jefferies Group set a $43.00 price objective on shares of U.S. Silica and gave the stock a “buy” rating in a report on Monday, November 13th. Seaport Global Securities initiated coverage on shares of U.S. Silica in a report on Friday, December 8th. They issued a “buy” rating and a $59.00 price objective for the company. B. Riley initiated coverage on shares of U.S. Silica in a report on Wednesday, December 6th. They issued a “buy” rating and a $40.00 price objective for the company. SunTrust Banks decreased their price objective on shares of U.S. Silica to $38.00 and set a “buy” rating for the company in a report on Thursday, February 22nd. They noted that the move was a valuation call. Finally, R. F. Lafferty initiated coverage on shares of U.S. Silica in a report on Wednesday, January 17th. They issued a “buy” rating and a $52.00 price objective for the company.

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In other news, Director William Jennings Kacal purchased 20,300 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was bought at an average cost of $25.78 per share, for a total transaction of $523,334.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Diane K. Duren acquired 10,000 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were bought at an average cost of $25.96 per share, with a total value of $259,600.00. Following the transaction, the director now directly owns 12,168 shares of the company’s stock, valued at approximately $315,881.28. The disclosure for this purchase can be found here. Insiders have acquired 38,200 shares of company stock valued at $1,038,997 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in SLCA. Aperio Group LLC raised its position in shares of U.S. Silica by 45.4% during the third quarter. Aperio Group LLC now owns 38,833 shares of the mining company’s stock valued at $1,207,000 after buying an additional 12,126 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in U.S. Silica in the third quarter worth about $283,000. Crossmark Global Holdings Inc. acquired a new position in U.S. Silica in the third quarter worth about $456,000. Victory Capital Management Inc. raised its position in U.S. Silica by 49.0% in the third quarter. Victory Capital Management Inc. now owns 1,431,606 shares of the mining company’s stock worth $44,480,000 after purchasing an additional 470,743 shares in the last quarter. Finally, New York State Teachers Retirement System raised its position in U.S. Silica by 2.6% in the third quarter. New York State Teachers Retirement System now owns 116,357 shares of the mining company’s stock worth $3,615,000 after purchasing an additional 3,000 shares in the last quarter. 99.30% of the stock is owned by institutional investors and hedge funds.

Shares of U.S. Silica (NYSE:SLCA) traded down $0.18 during trading hours on Wednesday, reaching $27.01. 1,558,326 shares of the company were exchanged, compared to its average volume of 2,708,801. The company has a market capitalization of $2,160.00, a PE ratio of 20.14 and a beta of 2.28. U.S. Silica has a 12-month low of $24.26 and a 12-month high of $50.39. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.29 and a quick ratio of 2.86.

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Thursday, March 15th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Wednesday, March 14th. U.S. Silica’s dividend payout ratio (DPR) is 18.66%.

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U.S. Silica Company 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.

Analyst Recommendations for U.S. Silica (NYSE:SLCA)

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