Fmr LLC increased its stake in USG Co. (NYSE:USG) by 81.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,076,945 shares of the construction company’s stock after acquiring an additional 2,285,345 shares during the quarter. Fmr LLC’s holdings in USG were worth $219,883,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in USG. Synovus Financial Corp bought a new stake in shares of USG in the 2nd quarter valued at $129,000. US Bancorp DE increased its stake in USG by 54.8% during the 2nd quarter. US Bancorp DE now owns 4,055 shares of the construction company’s stock valued at $174,000 after purchasing an additional 1,435 shares in the last quarter. Gideon Capital Advisors Inc. bought a new stake in USG during the 2nd quarter valued at $264,000. Bank of Montreal Can bought a new stake in USG during the 2nd quarter valued at $285,000. Finally, Commonwealth Bank of Australia bought a new stake in USG during the 3rd quarter valued at $312,000. Institutional investors own 79.33% of the company’s stock.

Shares of USG stock opened at $43.04 on Thursday. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 23.91, a price-to-earnings-growth ratio of 1.04 and a beta of 0.86. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.10 and a quick ratio of 1.52. USG Co. has a 12 month low of $32.09 and a 12 month high of $43.47.

USG (NYSE:USG) last announced its quarterly earnings results on Thursday, October 25th. The construction company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.12). The business had revenue of $851.00 million for the quarter, compared to the consensus estimate of $850.00 million. USG had a net margin of 2.75% and a return on equity of 13.93%. Analysts forecast that USG Co. will post 1.86 EPS for the current year.

Separately, Zacks Investment Research lowered shares of USG from a “hold” rating to a “sell” rating in a research note on Tuesday, October 30th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. USG presently has an average rating of “Hold” and a consensus target price of $42.17.

In other USG news, insider Brian J. Cook sold 15,000 shares of USG stock in a transaction on Monday, October 15th. The shares were sold at an average price of $42.85, for a total transaction of $642,750.00. Following the transaction, the insider now directly owns 49,070 shares of the company’s stock, valued at approximately $2,102,649.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Brian J. Cook sold 52,063 shares of USG stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $43.04, for a total transaction of $2,240,791.52. Following the transaction, the insider now directly owns 66,629 shares in the company, valued at $2,867,712.16. The disclosure for this sale can be found here. Insiders have sold a total of 124,715 shares of company stock valued at $5,347,155 in the last 90 days. 0.66% of the stock is currently owned by company insiders.

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USG 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.

Read More: Compound Annual Growth Rate (CAGR)

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Institutional Ownership by Quarter for USG (NYSE:USG)

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