Lincoln National Corp bought a new stake in U.S. Silica Holdings, Inc. (NYSE:SLCA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,254 shares of the mining company’s stock, valued at approximately $412,000.
Other institutional investors have also recently bought and sold shares of the company. Winch Advisory Services LLC lifted its position in shares of U.S. Silica Holdings by 109.0% in the second quarter. Winch Advisory Services LLC now owns 4,127 shares of the mining company’s stock valued at $146,000 after acquiring an additional 2,152 shares in the last quarter. Riverhead Capital Management LLC lifted its position in shares of U.S. Silica Holdings by 69.0% in the second quarter. Riverhead Capital Management LLC now owns 4,226 shares of the mining company’s stock valued at $150,000 after acquiring an additional 1,726 shares in the last quarter. Verde Servicos Internacionais S.A. purchased a new stake in shares of U.S. Silica Holdings in the third quarter valued at $201,000. First Heartland Consultants Inc. purchased a new stake in shares of U.S. Silica Holdings in the second quarter valued at $213,000. Finally, Everence Capital Management Inc. lifted its position in shares of U.S. Silica Holdings by 20.5% in the second quarter. Everence Capital Management Inc. now owns 6,050 shares of the mining company’s stock valued at $215,000 after acquiring an additional 1,030 shares in the last quarter.
U.S. Silica Holdings, Inc. (NYSE:SLCA) traded down $0.23 during trading on Monday, hitting $30.21. The stock had a trading volume of 55,747 shares, compared to its average volume of 2,130,000. The stock has a market cap of $2,460.00, a P/E ratio of 121.76 and a beta of 2.29. The company has a current ratio of 5.35, a quick ratio of 4.88 and a debt-to-equity ratio of 0.40. U.S. Silica Holdings, Inc. has a 52 week low of $24.26 and a 52 week high of $61.49.
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Several analysts have recently issued reports on the company. BidaskClub upgraded U.S. Silica Holdings from a “hold” rating to a “buy” rating in a research report on Friday. Zacks Investment Research downgraded U.S. Silica Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Piper Jaffray Companies restated a “buy” rating and issued a $36.00 price objective on shares of U.S. Silica Holdings in a research report on Thursday, October 19th. Royal Bank Of Canada set a $55.00 price objective on U.S. Silica Holdings and gave the company a “buy” rating in a research report on Saturday, October 7th. Finally, KeyCorp restated an “overweight” rating and issued a $40.00 price objective on shares of U.S. Silica Holdings in a research report on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eighteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $49.03.
About U.S. Silica Holdings
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.
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