U.S. Silica Holdings, Inc. (NYSE:SLCA) Shares Sold by Oxinas Partners Wealth Management LLC

Oxinas Partners Wealth Management LLC lowered its holdings in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) by 8.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,125 shares of the mining company’s stock after selling 1,336 shares during the period. Oxinas Partners Wealth Management LLC’s holdings in U.S. Silica were worth $188,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Deutsche Bank AG boosted its holdings in shares of U.S. Silica by 15.6% in the third quarter. Deutsche Bank AG now owns 32,779 shares of the mining company’s stock valued at $460,000 after acquiring an additional 4,427 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in U.S. Silica by 19.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 17,659 shares of the mining company’s stock valued at $248,000 after purchasing an additional 2,900 shares in the last quarter. Invesco Ltd. increased its position in shares of U.S. Silica by 7.2% during the 3rd quarter. Invesco Ltd. now owns 1,138,152 shares of the mining company’s stock valued at $15,980,000 after purchasing an additional 76,477 shares during the period. Qube Research & Technologies Ltd raised its stake in shares of U.S. Silica by 649.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 155,812 shares of the mining company’s stock worth $2,188,000 after buying an additional 135,016 shares in the last quarter. Finally, Gotham Asset Management LLC lifted its holdings in shares of U.S. Silica by 3.7% in the third quarter. Gotham Asset Management LLC now owns 124,612 shares of the mining company’s stock valued at $1,750,000 after buying an additional 4,427 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analysts Set New Price Targets

SLCA has been the topic of a number of research analyst reports. StockNews.com assumed coverage on U.S. Silica in a report on Monday. They set a “hold” rating on the stock. Citigroup lifted their price objective 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.

Insider Transactions at U.S. Silica

In other U.S. Silica news, EVP Zach Carusona sold 42,605 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $15.55, for a total transaction of $662,507.75. Following the sale, the executive vice president now directly owns 160,929 shares of the company’s stock, valued at approximately $2,502,445.95. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, EVP Zach Carusona sold 42,605 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $15.55, for a total value of $662,507.75. Following the transaction, the executive vice president now owns 160,929 shares in the company, valued at approximately $2,502,445.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $14.00, for a total transaction of $650,062.00. Following the sale, the executive vice president now owns 174,772 shares of the company’s stock, valued at $2,446,808. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by insiders.

U.S. Silica Price Performance

Shares of NYSE:SLCA traded up $0.01 on Tuesday, reaching $15.44. 2,315,318 shares of the company traded hands, compared to its average volume of 1,305,362. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.62 and a quick ratio of 2.74. The stock has a market capitalization of $1.21 billion, a PE ratio of 10.50 and a beta of 1.99. The company’s 50 day moving average is $15.37 and its 200-day moving average is $12.90. U.S. Silica Holdings, Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $16.03.

U.S. Silica (NYSE:SLCA) last released its quarterly earnings results on Friday, April 26th. The mining company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. U.S. Silica had a return on equity of 13.77% and a net margin of 8.08%. The business had revenue of $325.90 million during the quarter, compared to analyst estimates of $336.59 million. During the same quarter last year, the company posted $0.64 EPS. U.S. Silica’s revenue for the quarter was down 26.3% on a year-over-year basis. As a group, analysts anticipate that U.S. Silica Holdings, Inc. will post 1.02 earnings per share for the current fiscal year.

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.