Invst LLC Makes New $1.88 Million Investment in Quad Graphics, Inc $QUAD

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 bought a new stake in Quad Graphics, Inc (NYSE:QUAD - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 345,516 shares of the business services provider's stock, valued at approximately $1,883,000. Invst LLC owned approximately 0.68% of Quad Graphics at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. CWM LLC lifted its position in shares of Quad Graphics by 1,730.1% during the first quarter. CWM LLC now owns 5,106 shares of the business services provider's stock worth $28,000 after purchasing an additional 4,827 shares in the last quarter. Algert Global LLC purchased a new stake in Quad Graphics during the 1st quarter worth approximately $66,000. Ieq Capital LLC acquired a new stake in Quad Graphics during the 1st quarter worth approximately $92,000. Jones Financial Companies Lllp boosted its position in Quad Graphics by 1,135.6% in the 1st quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider's stock valued at $103,000 after buying an additional 17,408 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Quad Graphics in the fourth quarter worth $143,000. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad Graphics Stock Up 1.0%

NYSE:QUAD traded up $0.07 during trading hours on Wednesday, hitting $6.92. The company's stock had a trading volume of 77,693 shares, compared to its average volume of 281,198. The stock has a market capitalization of $349.25 million, a P/E ratio of -21.63 and a beta of 1.44. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 4.85. The stock has a fifty day moving average of $6.14 and a 200-day moving average of $5.70. Quad Graphics, Inc has a 52-week low of $4.34 and a 52-week high of $9.13.

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 (EPS) for the quarter, topping 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 business had revenue of $571.90 million during the quarter, compared to analysts' expectations of $555.05 million. On average, equities analysts forecast that Quad Graphics, Inc will post 1.08 earnings per share for the current year.

Quad Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, August 18th. Quad Graphics's payout ratio is currently -93.75%.

Analyst Upgrades and Downgrades

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

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.