USG Co. (USG) Receives Average Rating of “Hold” from Brokerages

USG Co. (NYSE:USG) has been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $44.00.

Separately, ValuEngine downgraded USG from a “buy” rating to a “hold” rating in a research note on Monday, April 1st.

In other USG news, VP Jeanette A. Press sold 3,500 shares of USG 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 completion of the transaction, the vice president now directly owns 27,769 shares of the company’s stock, valued at approximately $1,201,009.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.66% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CNH Partners LLC raised its holdings in USG by 24.3% in the 1st quarter. CNH Partners LLC now owns 4,125,711 shares of the construction company’s stock valued at $178,643,000 after acquiring an additional 807,735 shares in the last quarter. BlackRock Inc. raised its holdings in USG by 0.8% in the 1st quarter. BlackRock Inc. now owns 3,770,303 shares of the construction company’s stock valued at $163,252,000 after acquiring an additional 28,759 shares in the last quarter. Millennium Management LLC raised its holdings in USG by 572.4% in the 4th quarter. Millennium Management LLC now owns 2,177,696 shares of the construction company’s stock valued at $92,901,000 after acquiring an additional 1,853,846 shares in the last quarter. PSquared Asset Management AG acquired a new position in shares of USG during the 4th quarter worth $77,575,000. Finally, Alpine Associates Management Inc. raised its holdings in shares of USG by 12.4% during the 1st quarter. Alpine Associates Management Inc. now owns 1,755,800 shares of the construction company’s stock worth $76,026,000 after buying an additional 194,100 shares in the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

USG remained flat at $$4.80 during trading on Friday. The company had a trading volume of 2,000 shares, compared to its average volume of 1,767,024. The company has a market cap of $672.48 million, a P/E ratio of 3.18 and a beta of 0.67. USG has a twelve month low of $39.73 and a twelve month high of $43.50. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.31 and a quick ratio of 1.62.

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 and ceilings of residential, nonresidential, and institutional buildings; and agricultural and industrial customers.

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Analyst Recommendations for USG (NYSE:USG)

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