Inspire Investing LLC Buys 165,275 Shares of Quad Graphics, Inc $QUAD

Key Points

• Inspire Investing LLC increased its ownership in Quad Graphics, Inc. by 259.2%, acquiring an additional 165,275 shares for a total of 229,027 shares, valued at approximately $1.29 million.
• Quad Graphics recently reported quarterly earnings of $0.14 per share, exceeding analyst expectations of $0.12, with total revenue of $571.90 million for the quarter.
• Quad Graphics announced a quarterly dividend of $0.075 per share, translating to an annualized yield of 5.3%, despite a negative dividend payout ratio of -93.75%.

Inspire Investing LLC raised its stake in Quad Graphics, Inc (NYSE:QUAD - Free Report) by 259.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 229,027 shares of the business services provider's stock after purchasing an additional 165,275 shares during the quarter. Inspire Investing LLC owned 0.45% of Quad Graphics worth $1,294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC raised its position in Quad Graphics by 1,730.1% during the 1st quarter. CWM LLC now owns 5,106 shares of the business services provider's stock valued at $28,000 after purchasing an additional 4,827 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Quad Graphics by 6.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 88,705 shares of the business services provider's stock valued at $483,000 after purchasing an additional 5,000 shares during the last quarter. Brandywine Global Investment Management LLC raised its position in Quad Graphics by 28.4% during the 1st quarter. Brandywine Global Investment Management LLC now owns 29,630 shares of the business services provider's stock valued at $161,000 after purchasing an additional 6,550 shares during the last quarter. Trexquant Investment LP raised its position in Quad Graphics by 11.8% during the 1st quarter. Trexquant Investment LP now owns 66,162 shares of the business services provider's stock valued at $361,000 after purchasing an additional 6,958 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Quad Graphics by 33.2% during the 4th quarter. Bank of America Corp DE now owns 36,512 shares of the business services provider's stock valued at $254,000 after purchasing an additional 9,109 shares during the last quarter. Institutional investors own 39.52% of the company's stock.

Quad Graphics Stock Performance

Quad Graphics stock opened at $5.62 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.92 and a debt-to-equity ratio of 4.85. The company has a market capitalization of $283.64 million, a P/E ratio of -17.56 and a beta of 1.38. The stock's 50 day moving average is $6.38 and its 200 day moving average is $5.78. Quad Graphics, Inc has a twelve month low of $4.50 and a twelve month high of $9.13.

Quad Graphics (NYSE:QUAD - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $0.14 earnings per share 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 company had revenue of $571.90 million for the quarter, compared to the consensus estimate of $555.05 million. On average, equities research analysts predict 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. Shareholders of record on Monday, August 18th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, August 18th. Quad Graphics's dividend payout ratio (DPR) is currently -93.75%.

Analyst Ratings Changes

A number of research analysts have commented on QUAD shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Quad Graphics in a research report on Saturday, September 27th. Rosenblatt Securities reduced their target price on Quad Graphics from $8.90 to $8.60 and set a "buy" rating on the stock in a report on Thursday, July 31st. Barrington Research reiterated an "outperform" rating and set a $10.00 target price on shares of Quad Graphics in a report on Tuesday, July 29th. Wall Street Zen downgraded Quad Graphics from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Zacks Research downgraded Quad Graphics from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Quad Graphics has a consensus rating of "Hold" and a consensus target price 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.

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