KLCM Advisors Inc. Invests $444,000 in U.S. Silica Holdings, Inc. (NYSE:SLCA)

KLCM Advisors Inc. purchased a new position in shares of U.S. Silica Holdings, Inc. (NYSE:SLCA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 39,250 shares of the mining company’s stock, valued at approximately $444,000. KLCM Advisors Inc. owned about 0.05% of U.S. Silica as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of SLCA. JPMorgan Chase & Co. lifted its holdings in U.S. Silica by 228.9% in the first quarter. JPMorgan Chase & Co. now owns 240,339 shares of the mining company’s stock worth $4,485,000 after acquiring an additional 167,257 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in U.S. Silica by 1.3% in the first quarter. Bank of New York Mellon Corp now owns 721,779 shares of the mining company’s stock worth $13,468,000 after acquiring an additional 9,241 shares during the last quarter. Citigroup Inc. lifted its holdings in U.S. Silica by 5.8% in the first quarter. Citigroup Inc. now owns 73,258 shares of the mining company’s stock worth $1,367,000 after acquiring an additional 4,027 shares during the last quarter. Bank of Montreal Can lifted its holdings in U.S. Silica by 5.4% in the first quarter. Bank of Montreal Can now owns 20,911 shares of the mining company’s stock worth $379,000 after acquiring an additional 1,076 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in U.S. Silica by 54.5% in the first quarter. MetLife Investment Management LLC now owns 39,396 shares of the mining company’s stock worth $735,000 after acquiring an additional 13,892 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Insider Activity at U.S. Silica

In other U.S. Silica news, EVP James Derek Ussery sold 46,433 shares of U.S. Silica stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the transaction, the executive vice president now owns 174,772 shares in the company, valued at $2,446,808. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other U.S. Silica news, EVP James Derek Ussery sold 46,433 shares of U.S. Silica stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the transaction, the executive vice president now owns 174,772 shares in the company, valued at $2,446,808. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $12.00, for a total transaction of $240,000.00. Following the transaction, the executive vice president now owns 186,752 shares in the company, valued at $2,241,024. The disclosure for this sale can be found here. Company insiders own 3.60% of the company’s stock.

U.S. Silica Stock Performance

Shares of SLCA traded down $0.29 during mid-day trading on Wednesday, reaching $12.77. 581,112 shares of the company’s stock traded hands, compared to its average volume of 726,316. The business’s 50-day moving average price is $11.92 and its 200-day moving average price is $11.65. The stock has a market capitalization of $997.21 million, a P/E ratio of 6.83 and a beta of 2.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.43 and a current ratio of 3.23. U.S. Silica Holdings, Inc. has a 12 month low of $10.09 and a 12 month high of $14.64.

U.S. Silica (NYSE:SLCA) last released its quarterly earnings results on Tuesday, February 27th. The mining company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. U.S. Silica had a return on equity of 18.56% and a net margin of 9.47%. The company had revenue of $336.00 million for the quarter, compared to analysts’ expectations of $343.72 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The business’s revenue for the quarter was down 18.6% compared to the same quarter last year. Equities analysts predict that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current 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.