USG Co. (NYSE:USG) insider Gregory D. Salah sold 3,475 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $37.75, for a total value of $131,181.25. Following the completion of the transaction, the insider now owns 39,484 shares of the company’s stock, valued at $1,490,521. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of USG Co. (NYSE USG) traded up $0.51 during mid-day trading on Friday, hitting $37.88. The stock had a trading volume of 792,226 shares, compared to its average volume of 1,013,495. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $5,359.07, a PE ratio of 22.02, a PEG ratio of 1.89 and a beta of 1.21. USG Co. has a 12 month low of $25.60 and a 12 month high of $38.91.

USG (NYSE:USG) last announced its earnings results on Thursday, October 26th. The construction company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The company 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 business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 earnings per share. equities research analysts forecast that USG Co. will post 1.67 earnings per share for the current year.

A number of research analysts recently commented on the company. Robert W. Baird restated a “hold” rating and issued a $30.00 target price on shares of USG in a research note on Monday, August 28th. Citigroup restated a “neutral” rating and issued a $34.00 target price (up from $31.00) on shares of USG in a research note on Monday, October 9th. ValuEngine upgraded USG from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Zacks Investment Research upgraded USG from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, Nomura dropped their price objective on USG from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Monday, September 18th. Three 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’s stock. The company currently has a consensus rating of “Hold” and an average target price of $32.77.

Several hedge funds have recently made changes to their positions in the company. LSV Asset Management grew its holdings 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 worth $21,977,000 after purchasing an additional 39,500 shares during the last quarter. Hosking Partners LLP boosted its holdings in USG by 1.6% in the second quarter. Hosking Partners LLP now owns 228,640 shares of the construction company’s stock valued at $6,635,000 after acquiring an additional 3,681 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in USG by 2.2% in the third quarter. New York State Common Retirement Fund now owns 190,100 shares of the construction company’s stock valued at $6,207,000 after acquiring an additional 4,100 shares during the last quarter. Lord Abbett & CO. LLC bought a new position in USG in the second quarter valued at about $5,467,000. Finally, Aperio Group LLC boosted its holdings in USG by 27.8% in the second quarter. Aperio Group LLC now owns 21,619 shares of the construction company’s stock valued at $627,000 after acquiring an additional 4,697 shares during the last quarter. Institutional investors own 85.80% of the company’s stock.

WARNING: This report was first posted by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.watchlistnews.com/usg-co-usg-insider-sells-131181-25-in-stock/1756013.html.

USG 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 (NYSE:USG)

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