Cubist Systematic Strategies LLC Has $720,000 Position in Quad Graphics, Inc $QUAD

Key Points

• Cubist Systematic Strategies LLC significantly increased its stake in Quad Graphics, Inc by 185.4% in the first quarter, now owning approximately 0.25% of the company valued at $720,000.
• Recent analyst ratings show a mixed outlook for Quad Graphics, with Barrington Research maintaining an "outperform" rating and a price target of $10, while Rosenblatt Securities lowered its target to $8.60.
• Quad Graphics recently declared a quarterly dividend of $0.075 per share, providing an annualized yield of 4.6%, despite a negative net margin of 0.55% reported in their last earnings release.

Cubist Systematic Strategies LLC boosted its position in Quad Graphics, Inc (NYSE:QUAD - Free Report) by 185.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,063 shares of the business services provider's stock after purchasing an additional 85,796 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.25% of Quad Graphics worth $720,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of QUAD. Nuveen LLC bought a new stake in shares of Quad Graphics during the 1st quarter valued at $714,000. Massachusetts Financial Services Co. MA lifted its position in shares of Quad Graphics by 468.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 158,714 shares of the business services provider's stock valued at $865,000 after acquiring an additional 130,794 shares during the period. PharVision Advisers LLC bought a new stake in shares of Quad Graphics during the 4th quarter valued at $732,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Quad Graphics during the 4th quarter valued at $545,000. Finally, GAMMA Investing LLC lifted its position in shares of Quad Graphics by 442.0% during the 1st quarter. GAMMA Investing LLC now owns 66,534 shares of the business services provider's stock valued at $363,000 after acquiring an additional 54,259 shares during the period. 39.52% of the stock is currently owned by institutional investors.

Quad Graphics Price Performance

Shares of Quad Graphics stock traded down $0.05 during trading on Friday, reaching $6.60. 146,122 shares of the company's stock were exchanged, compared to its average volume of 227,866. The company has a debt-to-equity ratio of 4.85, a quick ratio of 0.64 and a current ratio of 0.92. Quad Graphics, Inc has a 1-year low of $4.27 and a 1-year high of $9.13. The company has a market cap of $333.10 million, a P/E ratio of -20.63 and a beta of 1.44. The firm's 50-day moving average price is $6.10 and its 200 day moving average price is $5.70.

Quad Graphics (NYSE:QUAD - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $0.14 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $555.05 million. As a group, research analysts anticipate that Quad Graphics, Inc will post 1.08 earnings per share for the current year.

Quad Graphics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, August 18th. Quad Graphics's dividend payout ratio is presently -93.75%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Rosenblatt Securities cut their target price on Quad Graphics from $8.90 to $8.60 and set a "buy" rating for the company in a research 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 research report on Tuesday, July 29th. Finally, Wall Street Zen downgraded Quad Graphics from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $9.30.

Quad Graphics Company 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.