GAMMA Investing LLC Boosts Stock Position in Quad Graphics, Inc (NYSE:QUAD)

GAMMA Investing LLC boosted its position in Quad Graphics, Inc (NYSE:QUAD - Free Report) by 442.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,534 shares of the business services provider's stock after buying an additional 54,259 shares during the period. GAMMA Investing LLC owned approximately 0.13% of Quad Graphics worth $363,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC increased its holdings in Quad Graphics by 133.5% during the 4th quarter. Millennium Management LLC now owns 88,352 shares of the business services provider's stock worth $616,000 after purchasing an additional 50,517 shares in the last quarter. Two Sigma Investments LP boosted its stake in shares of Quad Graphics by 15.5% in the 4th quarter. Two Sigma Investments LP now owns 148,470 shares of the business services provider's stock worth $1,035,000 after buying an additional 19,894 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Quad Graphics by 27.8% in the 4th quarter. Jane Street Group LLC now owns 108,775 shares of the business services provider's stock worth $758,000 after buying an additional 23,664 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Quad Graphics by 93.2% in the 4th quarter. Deutsche Bank AG now owns 26,053 shares of the business services provider's stock worth $182,000 after buying an additional 12,568 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Quad Graphics by 4.1% in the 4th quarter. Northern Trust Corp now owns 259,433 shares of the business services provider's stock worth $1,808,000 after buying an additional 10,300 shares during the last quarter. Institutional investors and hedge funds own 39.52% of the company's stock.

Quad Graphics Stock Performance

Quad Graphics stock traded down $0.12 during trading on Friday, hitting $5.37. The stock had a trading volume of 286,798 shares, compared to its average volume of 265,304. Quad Graphics, Inc has a 1 year low of $4.06 and a 1 year high of $9.13. The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 5.03. The stock's 50 day moving average is $5.45 and its two-hundred day moving average is $6.13. The stock has a market cap of $271.54 million, a price-to-earnings ratio of -14.12 and a beta of 1.43.

Quad Graphics (NYSE:QUAD - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $0.20 EPS for the quarter, beating the consensus estimate of $0.07 by $0.13. Quad Graphics had a positive return on equity of 71.23% and a negative net margin of 0.64%. The business had revenue of $629.40 million for the quarter, compared to the consensus estimate of $588.05 million. As a group, analysts predict that Quad Graphics, Inc will post 1.08 EPS for the current year.

Quad Graphics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a $0.075 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.30 annualized dividend and a yield of 5.59%. Quad Graphics's payout ratio is -78.95%.

Analysts Set New Price Targets

QUAD has been the topic of a number of research analyst reports. Barrington Research restated an "outperform" rating and issued a $10.00 target price on shares of Quad Graphics in a research note on Friday, May 2nd. Rosenblatt Securities restated a "buy" rating and issued a $8.90 target price on shares of Quad Graphics in a research note on Friday, June 6th. Finally, Wall Street Zen upgraded Quad Graphics from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, April 2nd.

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.