Massachusetts Financial Services Co. MA Raises Position in Quad Graphics, Inc (NYSE:QUAD)

Massachusetts Financial Services Co. MA boosted its holdings in Quad Graphics, Inc (NYSE:QUAD - Free Report) by 468.5% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 158,714 shares of the business services provider's stock after acquiring an additional 130,794 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.30% of Quad Graphics worth $865,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. CWM LLC lifted its holdings in Quad Graphics by 1,730.1% in the 1st quarter. CWM LLC now owns 5,106 shares of the business services provider's stock worth $28,000 after buying an additional 4,827 shares during the period. Marshall Wace LLP bought a new position in shares of Quad Graphics in the 4th quarter worth approximately $97,000. Corton Capital Inc. bought a new position in shares of Quad Graphics in the 4th quarter worth approximately $103,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Quad Graphics in the 4th quarter worth approximately $112,000. Finally, Virtu Financial LLC bought a new position in Quad Graphics during the 4th quarter valued at approximately $116,000. 39.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on QUAD shares. Wall Street Zen upgraded Quad Graphics from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, April 2nd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $8.90 target price on shares of Quad Graphics in a report on Friday, June 6th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $10.00 target price on shares of Quad Graphics in a report on Friday, May 2nd.

Quad Graphics Stock Performance

Shares of NYSE QUAD traded up $0.06 during mid-day trading on Monday, hitting $5.48. The stock had a trading volume of 133,031 shares, compared to its average volume of 265,486. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.66 and a current ratio of 0.96. The company has a 50 day moving average of $5.61 and a two-hundred day moving average of $5.85. Quad Graphics, Inc has a twelve month low of $4.06 and a twelve month high of $9.13. The firm has a market cap of $277.09 million, a PE ratio of -14.41 and a beta of 1.40.

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

Quad Graphics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were issued a $0.075 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 5.48%. Quad Graphics's payout ratio is -78.95%.

About Quad Graphics

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.