Janney Montgomery Scott LLC grew its position in USG Co. (NYSE:USG) by 19.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,028 shares of the construction company’s stock after buying an additional 1,765 shares during the period. Janney Montgomery Scott LLC’s holdings in USG were worth $476,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale purchased a new stake in shares of USG in the 1st quarter valued at approximately $132,000. Cerebellum GP LLC purchased a new stake in shares of USG in the 2nd quarter valued at approximately $178,000. Mount Yale Investment Advisors LLC purchased a new stake in shares of USG in the 1st quarter valued at approximately $187,000. CIBC Asset Management Inc purchased a new stake in shares of USG in the 1st quarter valued at approximately $205,000. Finally, Parametrica Management Ltd purchased a new stake in shares of USG in the 1st quarter valued at approximately $225,000. 76.52% of the stock is owned by institutional investors and hedge funds.

Shares of USG stock opened at $43.09 on Friday. The company has a current ratio of 2.34, a quick ratio of 1.69 and a debt-to-equity ratio of 0.58. USG Co. has a one year low of $25.60 and a one year high of $43.47. The company has a market capitalization of $6.00 billion, a PE ratio of 23.94, a P/E/G ratio of 0.93 and a beta of 0.99.

USG (NYSE:USG) last issued its quarterly earnings data on Wednesday, July 25th. The construction company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.11). USG had a return on equity of 13.87% and a net margin of 3.01%. The company had revenue of $880.00 million during the quarter, compared to analyst estimates of $876.21 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. equities analysts expect that USG Co. will post 2.12 earnings per share for the current year.

In other news, CEO Jennifer F. Scanlon sold 53,220 shares of the company’s stock in a transaction that occurred on Friday, July 27th. The shares were sold at an average price of $43.06, for a total value of $2,291,653.20. Following the transaction, the chief executive officer now directly owns 106,859 shares in the company, valued at approximately $4,601,348.54. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian J. Cook sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, June 1st. The stock was sold at an average price of $41.35, for a total transaction of $620,250.00. Following the completion of the transaction, the insider now owns 78,925 shares in the company, valued at $3,263,548.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 308,033 shares of company stock worth $13,238,931. Company insiders own 0.66% of the company’s stock.

Several research firms have recently weighed in on USG. Jefferies Financial Group reissued a “hold” rating and issued a $40.00 price target on shares of USG in a research note on Monday, April 23rd. Robert W. Baird cut shares of USG from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 12th. Citigroup increased their price target on shares of USG from $43.00 to $44.00 and gave the company a “$43.10” rating in a research note on Monday, July 23rd. Zacks Investment Research cut shares of USG from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. Finally, ValuEngine raised shares of USG from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, May 1st. Three analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. USG has a consensus rating of “Hold” and a consensus target price of $41.69.

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.

Featured Article: Fundamental Analysis and Individual Investors

Want to see what other hedge funds are holding USG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for USG Co. (NYSE:USG).

Institutional Ownership by Quarter for USG (NYSE:USG)

Receive News & Ratings for USG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USG and related companies with MarketBeat.com's FREE daily email newsletter.