USG Corporation (NYSE:USG) insider Brian J. Cook sold 30,000 shares of USG Corporation stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $34.58, for a total value of $1,037,400.00. Following the transaction, the insider now owns 84,538 shares of the company’s stock, valued at $2,923,324.04. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

USG Corporation (NYSE:USG) last released its earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.47. USG Corporation had a net margin of 14.93% and a return on equity of 12.90%. The firm had revenue of $795.00 million during the quarter, compared to analyst estimates of $790.54 million. During the same period last year, the business earned $0.46 earnings per share. The business’s revenue was up 3.7% on a year-over-year basis.

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Several hedge funds have recently added to or reduced their stakes in USG. Teachers Advisors LLC lifted its holdings in shares of USG Corporation by 9.7% during the first quarter. Teachers Advisors LLC now owns 457,070 shares of the construction company’s stock valued at $14,535,000 after purchasing an additional 40,312 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of USG Corporation by 0.4% during the first quarter. California Public Employees Retirement System now owns 165,300 shares of the construction company’s stock valued at $5,257,000 after purchasing an additional 600 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of USG Corporation by 251.8% during the first quarter. Legal & General Group Plc now owns 29,047 shares of the construction company’s stock valued at $924,000 after purchasing an additional 20,790 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of USG Corporation by 1.1% during the first quarter. Vanguard Group Inc. now owns 6,836,595 shares of the construction company’s stock valued at $217,404,000 after purchasing an additional 76,843 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of USG Corporation by 4.1% during the first quarter. Geode Capital Management LLC now owns 681,611 shares of the construction company’s stock valued at $21,675,000 after purchasing an additional 26,824 shares during the last quarter. Hedge funds and other institutional investors own 85.80% of the company’s stock.

Several research analysts have recently commented on USG shares. Robert W. Baird reiterated a “hold” rating and set a $30.00 target price on shares of USG Corporation in a research note on Monday, August 28th. ValuEngine upgraded USG Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. BidaskClub downgraded USG Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Citigroup Inc. reiterated a “neutral” rating and set a $34.00 target price (up from $31.00) on shares of USG Corporation in a research note on Monday, October 9th. Finally, Barclays PLC upgraded USG Corporation from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock from $28.00 to $26.00 in a research note on Sunday, July 30th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. USG Corporation currently has an average rating of “Hold” and an average price target of $32.07.

USG Corporation 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 Corporation (NYSE:USG)

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