345,516 Shares in Quad Graphics, Inc $QUAD Purchased by Invst LLC

Key Points

• Invst LLC acquired 345,516 shares of Quad Graphics, Inc. for around $1.88 million, representing approximately 0.68% ownership of the company.
• Several institutional investors, including Bank of America Corp DE and Jane Street Group LLC, significantly increased their stakes in Quad Graphics during Q4, indicating growing interest in the company.
• Quad Graphics announced a quarterly dividend of $0.075 per share, yielding 4.5%, while reporting positive earnings of $0.14 per share, surpassing analyst estimates.

Invst LLC acquired a new position in shares of Quad Graphics, Inc (NYSE:QUAD - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 345,516 shares of the business services provider's stock, valued at approximately $1,883,000. Invst LLC owned about 0.68% of Quad Graphics as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAD. Price T Rowe Associates Inc. MD increased its stake in Quad Graphics by 4.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider's stock valued at $260,000 after acquiring an additional 1,629 shares during the period. Northern Trust Corp increased its stake in Quad Graphics by 4.1% during the fourth quarter. Northern Trust Corp now owns 259,433 shares of the business services provider's stock valued at $1,808,000 after acquiring an additional 10,300 shares during the period. Jane Street Group LLC increased its stake in Quad Graphics by 27.8% during the fourth quarter. Jane Street Group LLC now owns 108,775 shares of the business services provider's stock valued at $758,000 after acquiring an additional 23,664 shares during the period. Bank of America Corp DE increased its stake in Quad Graphics by 33.2% during the fourth quarter. Bank of America Corp DE now owns 36,512 shares of the business services provider's stock valued at $254,000 after acquiring an additional 9,109 shares during the period. Finally, Cubist Systematic Strategies LLC increased its stake in Quad Graphics by 17.0% during the fourth quarter. Cubist Systematic Strategies LLC now owns 46,267 shares of the business services provider's stock valued at $322,000 after acquiring an additional 6,708 shares during the period. 39.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Rosenblatt Securities lowered their price target on Quad Graphics from $8.90 to $8.60 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Wall Street Zen lowered Quad Graphics from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Barrington Research restated an "outperform" rating and set a $10.00 price target on shares of Quad Graphics in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Quad Graphics presently has a consensus rating of "Buy" and a consensus price target of $9.30.

Quad Graphics Trading Up 2.9%

QUAD stock opened at $6.67 on Friday. Quad Graphics, Inc has a 1-year low of $4.27 and a 1-year high of $9.13. The firm has a market cap of $336.38 million, a P/E ratio of -20.83 and a beta of 1.44. The business's 50 day moving average is $6.09 and its 200-day moving average is $5.70. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 4.85.

Quad Graphics (NYSE:QUAD - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. Quad Graphics had a positive return on equity of 70.06% and a negative net margin of 0.55%.The company had revenue of $571.90 million for the quarter, compared to analyst estimates of $555.05 million. Equities analysts anticipate that Quad Graphics, Inc will post 1.08 earnings per share for the current fiscal year.

Quad Graphics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, August 18th. Quad Graphics's payout ratio is presently -93.75%.

Quad Graphics Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.

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