David Andrew Behring Sells 200 Shares of U S Concrete, Inc. (USCR) Stock

U S Concrete, Inc. (NASDAQ:USCR) VP David Andrew Behring sold 200 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $80.55, for a total transaction of $16,110.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

David Andrew Behring also recently made the following trade(s):

  • On Wednesday, November 1st, David Andrew Behring sold 200 shares of U S Concrete stock. The stock was sold at an average price of $78.30, for a total transaction of $15,660.00.
  • On Monday, October 2nd, David Andrew Behring sold 200 shares of U S Concrete stock. The stock was sold at an average price of $76.15, for a total transaction of $15,230.00.

Shares of U S Concrete, Inc. (NASDAQ:USCR) traded up $0.55 during mid-day trading on Thursday, hitting $82.15. 510,998 shares of the stock traded hands, compared to its average volume of 329,338. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.12 and a current ratio of 2.31. The firm has a market cap of $1,389.39, a PE ratio of 28.10, a price-to-earnings-growth ratio of 2.69 and a beta of 1.31. U S Concrete, Inc. has a 1 year low of $57.95 and a 1 year high of $84.60.

U S Concrete (NASDAQ:USCR) last announced its quarterly earnings results on Friday, November 3rd. The construction company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.47). The firm had revenue of $354.60 million for the quarter, compared to analyst estimates of $364.16 million. U S Concrete had a net margin of 0.99% and a return on equity of 22.33%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 EPS. analysts expect that U S Concrete, Inc. will post 3.11 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in the company. Teachers Advisors LLC lifted its position in U S Concrete by 2.4% in the first quarter. Teachers Advisors LLC now owns 39,172 shares of the construction company’s stock valued at $2,529,000 after buying an additional 929 shares during the last quarter. Vanguard Group Inc. lifted its position in U S Concrete by 9.0% in the first quarter. Vanguard Group Inc. now owns 779,751 shares of the construction company’s stock valued at $50,332,000 after buying an additional 64,092 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in U S Concrete by 10.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 59,651 shares of the construction company’s stock valued at $3,851,000 after buying an additional 5,737 shares during the last quarter. State Street Corp lifted its position in U S Concrete by 7.7% in the first quarter. State Street Corp now owns 326,862 shares of the construction company’s stock valued at $21,096,000 after buying an additional 23,316 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in U S Concrete by 1.7% in the second quarter. Louisiana State Employees Retirement System now owns 6,100 shares of the construction company’s stock valued at $479,000 after buying an additional 100 shares during the last quarter.

A number of research firms have recently issued reports on USCR. BidaskClub raised shares of U S Concrete from a “sell” rating to a “hold” rating in a report on Wednesday. DA Davidson reaffirmed a “buy” rating on shares of U S Concrete in a report on Monday. ValuEngine lowered shares of U S Concrete from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research lowered shares of U S Concrete from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $98.00 price target on shares of U S Concrete in a research report on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. U S Concrete has an average rating of “Hold” and an average target price of $89.00.

WARNING: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://www.dispatchtribunal.com/2017/12/07/david-andrew-behring-sells-200-shares-of-u-s-concrete-inc-uscr-stock.html.

About U S Concrete

U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.

Insider Buying and Selling by Quarter for U S Concrete (NASDAQ:USCR)

Receive News & Ratings for U S Concrete Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U S Concrete Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply