Telemetry Investments L.L.C. Purchases Shares of 8,854 USG Co. (USG)

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Telemetry Investments L.L.C. purchased a new position in shares of USG Co. (NYSE:USG) in the 4th quarter, Holdings Channel reports. The firm purchased 8,854 shares of the construction company’s stock, valued at approximately $378,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ancora Advisors LLC acquired a new position in USG during the third quarter worth $130,000. People s United Financial Inc. acquired a new position in USG during the third quarter worth $214,000. Gideon Capital Advisors Inc. acquired a new position in USG during the fourth quarter worth $257,000. Maven Securities LTD acquired a new position in USG during the fourth quarter worth $257,000. Finally, Commonwealth Bank of Australia acquired a new position in USG during the third quarter worth $312,000. Hedge funds and other institutional investors own 79.99% of the company’s stock.

In other news, VP Jeanette A. Press sold 3,500 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $43.25, for a total value of $151,375.00. Following the transaction, the vice president now owns 27,769 shares of the company’s stock, valued at approximately $1,201,009.25. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.66% of the company’s stock.

Separately, Zacks Investment Research lowered USG from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. USG currently has an average rating of “Hold” and a consensus price target of $43.43.

NYSE USG traded down $0.08 on Friday, reaching $43.02. 28,220 shares of the company were exchanged, compared to its average volume of 1,204,838. The firm has a market capitalization of $6.04 billion, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 1.26 and a beta of 0.67. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.62 and a current ratio of 2.31. USG Co. has a fifty-two week low of $33.28 and a fifty-two week high of $43.50.

USG (NYSE:USG) last released its quarterly earnings data on Thursday, February 14th. The construction company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.22). USG had a return on equity of 11.65% and a net margin of 5.88%. The company had revenue of $819.00 million for the quarter, compared to analyst estimates of $900.50 million. As a group, sell-side analysts forecast that USG Co. will post 2.1 EPS for the current year.

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USG Company Profile

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.

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Institutional Ownership by Quarter for USG (NYSE:USG)

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