From MarketBeat:
Advisors Preferred LLC purchased a new stake in U.S. Silica Holdings, Inc. (NYSE:SLCA), in the third quarter, buying 55,101 shares valued at $729,000. This makes up 0.07% of the total shares. Other large investors have also shifted their positions in SLCA, with Tower Research Capital LLC TRC raising its position by 262.4% in the second quarter, and several others making significant new acquisitions in the first and second quarters. Institutional investors and hedge funds now own 85.94% of the company’s stock.
U.S. Silica stock traded at $10.81 on Wednesday and has a market capitalization of $833.99 million. The company has a 12 month low of $10.18 and a high of $14.64. Its 50-day and 200-day moving averages are $11.02 and $12.17 respectively. U.S. Silica has a debt-to-equity ratio of 1.03 and a quick ratio of 2.07. Analysts expect the company to post 1.89 EPS for the fiscal year.
U.S. Silica last posted its earnings results on Friday, November 3rd, reporting $0.38 earnings per share (EPS) for the quarter. This was just below analysts’ consensus estimate of $0.39 per share. The company had a net margin of 9.17% and a return on equity of 21.03%. It generated $367.00 million in revenue during the quarter, down 12.4% from the same period last year. StockNews.com started coverage on shares of U.S. Silica on October 5th, issuing a “hold” rating for the company.
U.S. Silica Holdings, Inc produces and sells commercial silica in the United States, serving the oil & gas proppants and industrial & specialty products segments. The stock is not among the five stocks believed to be the best buys by top-rated analysts. U.S. Silica wasn’t on the list recommended by MarketBeat, but a “Hold” rating still applies to the company.
Read more: Advisors Preferred LLC Purchases Shares of 55,101 U.S. Silica Holdings, Inc. (NYSE:SLCA)
