Roundview Capital LLC increased its position in USG Co. (NYSE:USG) by 90.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 87,551 shares of the construction company’s stock after acquiring an additional 41,630 shares during the period. Roundview Capital LLC’s holdings in USG were worth $3,376,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USG. SG Americas Securities LLC acquired a new stake in shares of USG in the third quarter valued at $170,000. State of Alaska Department of Revenue purchased a new stake in shares of USG during the fourth quarter valued at $196,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of USG by 45.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,351 shares of the construction company’s stock valued at $206,000 after purchasing an additional 1,681 shares during the last quarter. Creative Planning purchased a new stake in shares of USG during the fourth quarter valued at $235,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of USG during the fourth quarter valued at $304,000. Institutional investors and hedge funds own 85.37% of the company’s stock.

Several equities research analysts have recently commented on USG shares. Zacks Investment Research raised USG from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Saturday, January 6th. Citigroup upped their target price on USG from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Credit Suisse Group reaffirmed an “underperform” rating and set a $36.00 target price (up from $26.00) on shares of USG in a report on Monday, January 22nd. They noted that the move was a valuation call. Barclays upped their target price on USG from $26.00 to $31.00 and gave the company an “equal weight” rating in a report on Friday, October 27th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $36.00 target price on shares of USG in a report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $37.62.

In related news, insider Dominic A. Dannessa sold 6,042 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $37.55, for a total transaction of $226,877.10. Following the transaction, the insider now directly owns 63,255 shares of the company’s stock, valued at $2,375,225.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jennifer F. Scanlon sold 6,045 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $37.54, for a total value of $226,929.30. Following the transaction, the chief executive officer now directly owns 85,429 shares in the company, valued at $3,207,004.66. The disclosure for this sale can be found here. Insiders have sold 28,992 shares of company stock worth $1,093,870 over the last three months. 0.67% of the stock is owned by insiders.

USG Co. (NYSE:USG) opened at $33.23 on Monday. The firm has a market capitalization of $4,683.50, a price-to-earnings ratio of 18.36, a P/E/G ratio of 1.24 and a beta of 1.16. USG Co. has a 52-week low of $25.60 and a 52-week high of $41.18. The company has a current ratio of 2.37, a quick ratio of 1.73 and a debt-to-equity ratio of 0.54.

USG (NYSE:USG) last posted its quarterly earnings results on Thursday, February 1st. The construction company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.14. The firm had revenue of $831.00 million for the quarter, compared to analyst estimates of $757.57 million. USG had a return on equity of 13.36% and a net margin of 2.96%. USG’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. equities analysts predict that USG Co. will post 2.24 EPS for the current fiscal year.

USG declared that its board has authorized a stock repurchase plan on Thursday, February 1st that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the construction company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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About USG

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.

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Institutional Ownership by Quarter for USG (NYSE:USG)

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