As Crown Castle Intl New (CCI) Market Valuation Rose, Sandler Capital Management Has Upped Its Position by $7.44 Million; U S Silica Hldgs (SLCA) Holder Wexford Capital LP Decreased Its Stake as Market Value Declined

May 22, 2018 - By Ash

U.S. Silica Holdings, Inc. (NYSE:SLCA) Logo

Charles Davidson decreased its stake in U S Silica Hldgs Inc (SLCA) by 58.67% based on its latest 2017Q4 regulatory filing with the SEC. Wexford Capital Lp sold 41,069 shares as the company’s stock declined 23.14% with the market. The hedge fund run by Charles Davidson held 28,931 shares of the basic industries company at the end of 2017Q4, valued at $942,000, down from 70,000 at the end of the previous reported quarter. Wexford Capital Lp who had been investing in U S Silica Hldgs Inc for a number of months, seems to be less bullish one the $2.59B market cap company. The stock decreased 1.34% or $0.45 during the last trading session, reaching $33.2. About 1.79M shares traded. U.S. Silica Holdings, Inc. (NYSE:SLCA) has declined 43.79% since May 22, 2017 and is downtrending. It has underperformed by 55.34% the S&P500.

Andrew Sandler increased its stake in Crown Castle Intl Corp New (CCI) by 712.77% based on its latest 2017Q4 regulatory filing with the SEC. Sandler Capital Management bought 67,000 shares as the company’s stock rose 1.95% while stock markets declined. The hedge fund run by Andrew Sandler held 76,400 shares of the real estate investment trusts company at the end of 2017Q4, valued at $8.48 million, up from 9,400 at the end of the previous reported quarter. Sandler Capital Management who had been investing in Crown Castle Intl Corp New for a number of months, seems to be bullish on the $42.20B market cap company. The stock decreased 0.37% or $0.38 during the last trading session, reaching $101.72. About 2.56M shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since May 22, 2017 and is uptrending. It has outperformed by 6.23% the S&P500.

Among 28 analysts covering U.S. Silica (NYSE:SLCA), 22 have Buy rating, 1 Sell and 5 Hold. Therefore 79% are positive. U.S. Silica had 106 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Ladenburg Thalmann on Thursday, April 28. The stock has “Buy” rating by Jefferies on Monday, November 13. The firm has “Buy” rating given on Thursday, February 22 by Wells Fargo. The firm earned “Buy” rating on Thursday, January 11 by Cowen & Co. The rating was maintained by Cowen & Co with “Buy” on Wednesday, June 21. The firm earned “Outperform” rating on Thursday, February 22 by Cowen & Co. As per Wednesday, March 28, the company rating was maintained by FBR Capital. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Buy”. The firm earned “Outperform” rating on Tuesday, October 11 by Cowen & Co. The stock has “Buy” rating by Piper Jaffray on Thursday, April 5.

Analysts await U.S. Silica Holdings, Inc. (NYSE:SLCA) to report earnings on July, 30. They expect $0.69 earnings per share, up 81.58% or $0.31 from last year’s $0.38 per share. SLCA’s profit will be $53.79 million for 12.03 P/E if the $0.69 EPS becomes a reality. After $0.54 actual earnings per share reported by U.S. Silica Holdings, Inc. for the previous quarter, Wall Street now forecasts 27.78% EPS growth.

Wexford Capital Lp, which manages about $6.34 billion and $1.17B US Long portfolio, upped its stake in Ishares Tr (LQD) by 4,711 shares to 14,163 shares, valued at $1.72M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (TLT) by 4,319 shares in the quarter, for a total of 14,207 shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

More recent U.S. Silica Holdings, Inc. (NYSE:SLCA) news were published by: Seekingalpha.com which released: “US Silica Holdings: Wait For A Pullback” on May 17, 2018. Also Seekingalpha.com published the news titled: “US Silica’s (SLCA) CEO, Bryan Shinn on Q1 2018 Results – Earnings Call Transcript” on April 24, 2018. Benzinga.com‘s news article titled: “US Silica Announces Timing of Earnings Release and Investor Call” with publication date: May 22, 2018 was also an interesting one.

Since February 21, 2018, it had 1 buy, and 2 insider sales for $1.83 million activity. $199,988 worth of Crown Castle International Corp. (NYSE:REIT) was bought by Melone Anthony J.. Shares for $1.95M were sold by Brown Jay A..

Sandler Capital Management, which manages about $3.75 billion and $710.56M US Long portfolio, decreased its stake in Snap Inc (Put) by 175,500 shares to 174,500 shares, valued at $2.55M in 2017Q4, according to the filing. It also reduced its holding in United Rentals Inc (NYSE:URI) by 56,450 shares in the quarter, leaving it with 23,000 shares, and cut its stake in Bio Techne Corp (NASDAQ:TECH).

Among 21 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Crown Castle International Corp had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wells Fargo given on Wednesday, March 8. Jefferies maintained the shares of CCI in report on Friday, October 20 with “Buy” rating. The stock has “Buy” rating by Suntrust Robinson on Thursday, February 25. The rating was maintained by RBC Capital Markets with “Buy” on Friday, October 20. The stock has “Buy” rating by Bank of America on Friday, September 8. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, August 26. On Wednesday, July 19 the stock rating was maintained by Macquarie Research with “Buy”. The stock of Crown Castle International Corp. (NYSE:REIT) earned “Buy” rating by RBC Capital Markets on Monday, October 2. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 26 report. The stock has “Equal-Weight” rating by Barclays Capital on Friday, October 20.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.34, from 1.58 in 2017Q3. It fall, as 43 investors sold CCI shares while 214 reduced holdings. 84 funds opened positions while 235 raised stakes. 368.81 million shares or 2.36% less from 377.71 million shares in 2017Q3 were reported. Balyasny Asset Mngmt Ltd Liability Corporation holds 0.03% or 85,896 shares. Old National Bank In reported 0.59% of its portfolio in Crown Castle International Corp. (NYSE:REIT). 13.14 million were reported by Cohen Steers. Jefferies Gp Limited Liability Com holds 25,011 shares. Tokio Marine Asset Management Ltd holds 0.05% or 2,941 shares in its portfolio. Goldman Sachs Group Incorporated, a New York-based fund reported 3.26 million shares. Argent Trust Communications, a Tennessee-based fund reported 2,678 shares. Moore Capital Management Ltd Partnership has 1.72% invested in Crown Castle International Corp. (NYSE:REIT). Natl Inv Service Inc Wi accumulated 20,307 shares. Waddell And Reed Finance accumulated 198,100 shares. Exxonmobil Investment Tx stated it has 64,598 shares or 0.2% of all its holdings. Cue Grp holds 11,521 shares or 0.84% of its portfolio. Southport Management Llc reported 1.36% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Somerset Gp Lc has 0.21% invested in Crown Castle International Corp. (NYSE:REIT). Creative Planning invested in 0.01% or 10,469 shares.

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