U.S. Silica Holdings Inc (SLCA) : Windward Capital Management Co Ca added new position in U.S. Silica Holdings Inc during the most recent quarter end. The investment management firm now holds 4,420 shares of U.S. Silica Holdings Inc which is valued at $210,525 , the company said in a statement filed on Oct 14, 2016 with the SEC.U.S. Silica Holdings Inc makes up approximately 0.04% of Windward Capital Management Co Ca’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in SLCA by selling 86 shares or 4.58% in the most recent quarter. The Hedge Fund company now holds 1,793 shares of SLCA which is valued at $87,283.Viking Fund Management reduced its stake in SLCA by selling 90,000 shares or 12.16% in the most recent quarter. The Hedge Fund company now holds 650,000 shares of SLCA which is valued at $31,642,000. U.S. Silica Holdings Inc makes up approx 5.09% of Viking Fund Management’s portfolio.Eagle Asset Management Inc reduced its stake in SLCA by selling 37,469 shares or 16.61% in the most recent quarter. The Hedge Fund company now holds 188,138 shares of SLCA which is valued at $9,209,355. U.S. Silica Holdings Inc makes up approx 0.06% of Eagle Asset Management Inc’s portfolio.Creative Planning reduced its stake in SLCA by selling 100 shares or 2.89% in the most recent quarter. The Hedge Fund company now holds 3,360 shares of SLCA which is valued at $164,472.
U.S. Silica Holdings Inc closed down -1.05 points or -2.16% at $47.63 with 18,06,393 shares getting traded on Friday. Post opening the session at $49.03, the shares hit an intraday low of $47.325 and an intraday high of $49.27 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, U.S. Silica Holdings Inc reported $-0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $-0.21. The company had revenue of $117.00 million for the quarter, compared to analysts expectations of $115.59 million. The company’s revenue was down -20.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.08 EPS.
Many Wall Street Analysts have commented on U.S. Silica Holdings Inc. Company shares were Reiterated by Cowen on Oct 11, 2016 to “Outperform”, Firm has raised the Price Target to $ 52 from a previous price target of $42 .Company shares were Reiterated by RBC Capital Mkts on Sep 23, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $44 .Barclays Initiated U.S. Silica Holdings Inc on Aug 10, 2016 to “Overweight”, Price Target of the shares are set at $50.
U.S. Silica Holdings Inc. (U.S. Silica) is a domestic producer of commercial silica a specialized mineral that is a critical input into a variety 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. The Industrial & Specialty Products segment consists of over 250 products and materials. The Company operates approximately 17 production facilities across the United States and controlled 363 million tons of reserves including approximately 179 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Company produces a range of frac sand sizes and delivers API grade frac sand to the United States shale basins.