California Public Employees Retirement System lowered its stake in USG Co. (NYSE:USG) by 10.5% during the fourth quarter, HoldingsChannel reports. The firm owned 207,183 shares of the construction company’s stock after selling 24,398 shares during the period. California Public Employees Retirement System’s holdings in USG were worth $8,838,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in USG. LPL Financial LLC lifted its position in shares of USG by 7.0% in the fourth quarter. LPL Financial LLC now owns 34,946 shares of the construction company’s stock valued at $1,491,000 after buying an additional 2,274 shares during the last quarter. S. Muoio & CO. LLC bought a new position in shares of USG in the 4th quarter valued at $811,000. Westpac Banking Corp increased its stake in shares of USG by 47.9% in the 4th quarter. Westpac Banking Corp now owns 48,945 shares of the construction company’s stock valued at $2,088,000 after purchasing an additional 15,846 shares during the last quarter. Canada Pension Plan Investment Board grew its position in USG by 48.6% during the 4th quarter. Canada Pension Plan Investment Board now owns 829,900 shares of the construction company’s stock worth $35,401,000 after acquiring an additional 271,300 shares during the last quarter. Finally, Stevens Capital Management LP grew its position in USG by 30.5% during the 4th quarter. Stevens Capital Management LP now owns 200,045 shares of the construction company’s stock worth $8,534,000 after acquiring an additional 46,713 shares during the last quarter. 79.92% of the stock is currently owned by institutional investors.

In other USG news, VP Jeanette A. Press sold 3,500 shares of the firm’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $43.25, for a total value of $151,375.00. Following the completion of the sale, the vice president now directly owns 27,769 shares in the company, valued at $1,201,009.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.66% of the company’s stock.

Separately, Zacks Investment Research downgraded USG from a “hold” rating to a “sell” rating in a report on Tuesday, January 22nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $43.00.

Shares of USG stock opened at $42.94 on Friday. The firm has a market capitalization of $6.02 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 1.26 and a beta of 0.75. The company has a current ratio of 2.31, a quick ratio of 1.62 and a debt-to-equity ratio of 0.56. USG Co. has a 52-week low of $33.28 and a 52-week high of $43.50.

USG (NYSE:USG) last announced its quarterly earnings data on Thursday, February 14th. The construction company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.22). The company had revenue of $819.00 million for the quarter, compared to the consensus estimate of $900.50 million. USG had a net margin of 5.88% and a return on equity of 11.65%. On average, analysts predict that USG Co. will post 2.1 EPS for the current year.

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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, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications.

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Institutional Ownership by Quarter for USG (NYSE:USG)

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