Does Usg Corporation (NYSE:USG) Have Gas After Even Less Sellers Involved?

March 14, 2018 - By Nellie Frank

 Does Usg Corporation (NYSE:USG) Have Gas After Even Less Sellers Involved?

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.44, from 0.62 in 2017Q2. It improved, as 25 investors sold USG Corporation shares while 64 reduced holdings. 40 funds opened positions while 54 raised stakes. 119.59 million shares or 28.04% less from 166.18 million shares in 2017Q2 were reported.
Berkshire Hathaway Inc holds 0.72% of its portfolio in USG Corporation (NYSE:USG) for 39.00M shares. Lsv Asset Mgmt, a Illinois-based fund reported 648,000 shares. Swiss National Bank & Trust holds 158,900 shares. Comml Bank Of Mellon Corporation owns 629,088 shares. Cantab Cap Ltd Liability Partnership has invested 0% of its portfolio in USG Corporation (NYSE:USG). Oppenheimer And Incorporated reported 91,572 shares stake. 21,681 were reported by Hap Trading Limited Com. Beck Cap Management Lc has invested 0.16% in USG Corporation (NYSE:USG). Bnp Paribas Arbitrage Sa, a New York-based fund reported 27,000 shares. Fuller And Thaler Asset Management Inc owns 172,810 shares. Wedge Cap Mgmt L Lp Nc stated it has 0.01% in USG Corporation (NYSE:USG). Bluemountain Cap Management Limited Co has invested 0.23% of its portfolio in USG Corporation (NYSE:USG). Principal Financial Gp reported 11,138 shares. Ubs Asset Mgmt Americas Inc accumulated 0% or 66,260 shares. First Mercantile Trust Communication, a Tennessee-based fund reported 4,400 shares.

The stock of Usg Corporation (NYSE:USG) registered a decrease of 12.18% in short interest. USG’s total short interest was 6.17 million shares in March as published by FINRA. Its down 12.18% from 7.03 million shares, reported previously. With 1.71 million shares average volume, it will take short sellers 4 days to cover their USG’s short positions. The short interest to Usg Corporation’s float is 7.53%.

The stock decreased 2.15% or $0.76 during the last trading session, reaching $34.53. About 705,630 shares traded. USG Corporation (NYSE:USG) has risen 0.17% since March 14, 2017 and is uptrending. It has underperformed by 16.53% the S&P500.

USG Corporation, through its subsidiaries, makes and sells building materials worldwide. The company has market cap of $4.87 billion. The company??s Gypsum segment makes 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. It has a 57.65 P/E ratio. This segment offers gypsum panels, as well as joint compounds, corner beads, joint tapes, and plasters for wallboard joints finishing under the Sheetrock brand; cement board under the Durock brand; backerboard that includes abuse-resistant interior wall panels, tile backer boards, and flooring underlayments under the Fiberock brand; poured gypsum flooring systems under the Levelrock brand; roof boards under the Securock brand; and air-water barrier system and industrial gypsum under the ExoAir 430 brand.

USG Corporation (NYSE:USG) Ratings Coverage

Among 23 analysts covering USG Corporation (NYSE:USG), 7 have Buy rating, 3 Sell and 13 Hold. Therefore 30% are positive. USG Corporation had 79 analyst reports since July 29, 2015 according to SRatingsIntel. SunTrust maintained USG Corporation (NYSE:USG) on Thursday, October 26 with “Hold” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, July 19 report. The stock of USG Corporation (NYSE:USG) has “Neutral” rating given on Thursday, October 27 by Wedbush. The firm has “Hold” rating by Stephens given on Tuesday, February 6. The firm has “Hold” rating given on Thursday, October 26 by Stifel Nicolaus. Citigroup maintained the stock with “Neutral” rating in Friday, October 27 report. As per Thursday, July 27, the company rating was upgraded by Barclays Capital. The rating was maintained by Jefferies with “Hold” on Tuesday, January 23. The stock of USG Corporation (NYSE:USG) earned “Hold” rating by Jefferies on Thursday, July 27. The firm has “In-Line” rating by Evercore given on Thursday, September 21.

More recent USG Corporation (NYSE:USG) news were published by: which released: “USG Corporation to Webcast Investor Day Presentations on March 8” on February 26, 2018. Also published the news titled: “USG Corporation Hosts Inaugural Investor Day” on March 08, 2018.‘s news article titled: “Persistent Workforce Shortages Challenge Commercial Construction Industry as …” with publication date: March 06, 2018 was also an interesting one.

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