Rockefeller Capital Management L.P. acquired a new stake in USG Co. (NYSE:USG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,850 shares of the construction company’s stock, valued at approximately $167,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Great West Life Assurance Co. Can raised its stake in USG by 16.7% during the 4th quarter. Great West Life Assurance Co. Can now owns 11,289 shares of the construction company’s stock valued at $465,000 after acquiring an additional 1,618 shares during the last quarter. Candriam Luxembourg S.C.A. purchased a new stake in USG during the 4th quarter valued at approximately $4,266,000. Bank of Nova Scotia purchased a new stake in USG during the 4th quarter valued at approximately $3,754,000. Gideon Capital Advisors Inc. purchased a new stake in USG during the 4th quarter valued at approximately $257,000. Finally, Shayne & CO. LLC raised its stake in USG by 2.7% during the 4th quarter. Shayne & CO. LLC now owns 112,745 shares of the construction company’s stock valued at $4,810,000 after acquiring an additional 2,949 shares during the last quarter. 80.74% of the stock is currently owned by institutional investors.
USG opened at $4.80 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.31 and a debt-to-equity ratio of 0.56. The company has a market cap of $672.48 million, a price-to-earnings ratio of 3.18 and a beta of 0.67. USG Co. has a 52 week low of $39.73 and a 52 week high of $43.50.
Separately, ValuEngine downgraded USG from a “buy” rating to a “hold” rating in a research note on Monday, April 1st.
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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 and ceilings of residential, nonresidential, and institutional buildings; and agricultural and industrial customers.
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