Inspire Investing LLC Sells 101,237 Shares of Quad Graphics, Inc $QUAD

Key Points

• Inspire Investing LLC has significantly reduced its stake in Quad Graphics, Inc, selling 101,237 shares, which is a 61.4% decrease, leaving them with a position valued at $347,000.
• Quad Graphics recently announced a quarterly dividend of $0.075 per share, resulting in a 4.5% yield for investors.
• In terms of stock performance, Quad Graphics, Inc has a twelve month low of $4.27 and is currently priced at $6.60 with an estimated earnings per share of 1.08 for the current year.

Inspire Investing LLC lowered its stake in shares of Quad Graphics, Inc (NYSE:QUAD - Free Report) by 61.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,752 shares of the business services provider's stock after selling 101,237 shares during the quarter. Inspire Investing LLC owned about 0.13% of Quad Graphics worth $347,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Invst LLC bought a new stake in Quad Graphics during the first quarter worth approximately $1,883,000. Strs Ohio acquired a new position in shares of Quad Graphics during the first quarter worth approximately $475,000. Focus Partners Wealth acquired a new position in shares of Quad Graphics during the first quarter worth approximately $144,000. Empowered Funds LLC lifted its holdings in shares of Quad Graphics by 7.3% during the first quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider's stock worth $1,718,000 after buying an additional 21,448 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Quad Graphics by 1,135.6% during the first quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider's stock worth $103,000 after buying an additional 17,408 shares during the last quarter. Institutional investors own 39.52% of the company's stock.

Analyst Upgrades and Downgrades

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

Quad Graphics Price Performance

NYSE:QUAD traded down $0.14 during trading hours on Friday, reaching $6.58. The company had a trading volume of 240,537 shares, compared to its average volume of 215,382. The stock has a 50-day moving average of $6.20 and a two-hundred day moving average of $5.72. Quad Graphics, Inc has a one year low of $4.34 and a one year high of $9.13. The firm has a market capitalization of $332.09 million, a PE ratio of -20.56 and a beta of 1.44. The company has a quick ratio of 0.64, a current ratio of 0.92 and a debt-to-equity ratio of 4.85.

Quad Graphics (NYSE:QUAD - Get Free Report) last announced its earnings results on Tuesday, July 29th. The business services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $571.90 million for the quarter, compared to analysts' expectations of $555.05 million. Quad Graphics had a positive return on equity of 70.06% and a negative net margin of 0.55%. Analysts forecast that Quad Graphics, Inc will post 1.08 earnings per share for the current year.

Quad Graphics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, August 18th. Quad Graphics's payout ratio is -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.