USG Co. (USG) CEO Sells $226,929.30 in Stock

USG Co. (NYSE:USG) CEO Jennifer F. Scanlon sold 6,045 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $37.54, for a total value of $226,929.30. Following the completion of the sale, the chief executive officer now owns 85,429 shares in the company, valued at $3,207,004.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of USG Co. (NYSE:USG) traded down $0.40 during midday trading on Thursday, reaching $37.31. The company’s stock had a trading volume of 573,800 shares, compared to its average volume of 1,613,760. The company has a market capitalization of $5,335.00, a PE ratio of 21.92, a P/E/G ratio of 1.88 and a beta of 1.21. USG Co. has a 52 week low of $25.60 and a 52 week high of $38.91. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.

USG (NYSE:USG) last released its earnings results on Thursday, October 26th. The construction company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The firm had revenue of $795.00 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. equities analysts predict that USG Co. will post 1.67 EPS for the current year.

USG has been the topic of several analyst reports. Stifel Nicolaus reissued a “hold” rating and set 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 stock 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 stock 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 stock a “neutral” rating in a research note on Wednesday, November 1st. Three equities research 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. USG has an average rating of “Hold” and a consensus target price of $32.77.

Several institutional investors and hedge funds have recently added to or reduced their stakes in USG. Lord Abbett & CO. LLC bought a new position in shares of USG during the second quarter valued at approximately $5,467,000. LSV Asset Management grew its stake in shares of USG by 5.5% during the second quarter. LSV Asset Management now owns 757,318 shares of the construction company’s stock valued at $21,977,000 after buying an additional 39,500 shares during the last quarter. Beck Capital Management LLC bought a new position in shares of USG during the third quarter valued at approximately $327,000. SG Americas Securities LLC bought a new position in shares of USG during the third quarter valued at approximately $170,000. Finally, Aperio Group LLC grew its stake in shares of USG by 27.8% during the second quarter. Aperio Group LLC now owns 21,619 shares of the construction company’s stock valued at $627,000 after buying an additional 4,697 shares during the last quarter. 85.80% of the stock is currently owned by hedge funds and other institutional investors.

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About USG

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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