Teachers Advisors LLC Sells 2,320 Shares of USG Co. (USG)

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Teachers Advisors LLC cut its position in USG Co. (NYSE:USG) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,954 shares of the construction company’s stock after selling 2,320 shares during the quarter. Teachers Advisors LLC’s holdings in USG were worth $4,026,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of USG. Raymond James & Associates grew its stake in shares of USG by 8.4% during the second quarter. Raymond James & Associates now owns 16,614 shares of the construction company’s stock valued at $716,000 after buying an additional 1,291 shares during the last quarter. FMR LLC bought a new position in shares of USG during the second quarter valued at approximately $120,374,000. First Hawaiian Bank bought a new position in shares of USG during the third quarter valued at approximately $601,000. Kassirer Asset Management Corp grew its stake in shares of USG by 113.0% during the third quarter. Kassirer Asset Management Corp now owns 127,824 shares of the construction company’s stock valued at $5,536,000 after buying an additional 67,824 shares during the last quarter. Finally, Cornerstone Wealth Management LLC bought a new position in shares of USG during the third quarter valued at approximately $670,000. Hedge funds and other institutional investors own 79.54% of the company’s stock.

Shares of NYSE USG opened at $43.09 on Tuesday. The company has a quick ratio of 1.52, a current ratio of 2.10 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $6.02 billion, a P/E ratio of 23.94, a PEG ratio of 0.90 and a beta of 0.75. USG Co. has a 52-week low of $32.37 and a 52-week high of $43.50.

Separately, Zacks Investment Research cut USG from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $43.00.

In related news, EVP Matthew F. Hilzinger sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 27th. The stock was sold at an average price of $43.01, for a total value of $1,075,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brian J. Cook sold 52,063 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $43.04, for a total value of $2,240,791.52. Following the completion of the sale, the insider now owns 66,629 shares of the company’s stock, valued at approximately $2,867,712.16. The disclosure for this sale can be found here. 0.66% of the stock is currently owned by insiders.

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About USG

USG Corporation, through its subsidiaries, manufactures and sells building materials worldwide. The company's Gypsum division manufactures and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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Institutional Ownership by Quarter for USG (NYSE:USG)

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