USG Co. (USG) Insider John M. Reale Sells 7,535 Shares

USG Co. (NYSE:USG) insider John M. Reale sold 7,535 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $37.89, for a total value of $285,501.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

USG Co. (NYSE USG) traded down $0.45 during mid-day trading on Wednesday, reaching $37.71. The company’s stock had a trading volume of 787,100 shares, compared to its average volume of 1,618,204. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The stock has a market cap of $5,398.67, a price-to-earnings ratio of 22.19, a PEG ratio of 1.91 and a beta of 1.21. USG Co. has a 1-year low of $25.60 and a 1-year high of $38.91.

USG (NYSE:USG) last posted its earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.47. The business had revenue of $795.00 million during the quarter, compared to analyst estimates of $790.54 million. USG had a return on equity of 12.90% and a net margin of 14.93%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. sell-side analysts expect that USG Co. will post 1.67 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. Beck Capital Management LLC purchased a new position in USG during the 3rd quarter valued at about $327,000. SG Americas Securities LLC purchased a new position in shares of USG during the third quarter worth about $170,000. New York State Common Retirement Fund grew its holdings in shares of USG by 2.2% during the third quarter. New York State Common Retirement Fund now owns 190,100 shares of the construction company’s stock worth $6,207,000 after purchasing an additional 4,100 shares in the last quarter. Lord Abbett & CO. LLC purchased a new position in shares of USG during the second quarter worth about $5,467,000. Finally, Amalgamated Bank grew its holdings in shares of USG by 27.2% during the second quarter. Amalgamated Bank now owns 15,920 shares of the construction company’s stock worth $462,000 after purchasing an additional 3,404 shares in the last quarter. 85.80% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on USG. Stifel Nicolaus restated a “hold” rating and issued a $33.00 price objective on shares of USG in a research note on Thursday, October 26th. Bank of America cut USG from a “neutral” rating to an “underperform” rating in a research note on Friday, October 27th. Citigroup boosted their price objective on USG from $34.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Barclays boosted their price objective on USG from $26.00 to $31.00 and gave the company an “equal weight” rating in a research note on Friday, October 27th. Finally, J P Morgan Chase & Co boosted their price objective on USG from $30.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.77.

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USG Company Profile

USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.

Insider Buying and Selling by Quarter for USG (NYSE:USG)

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