Cubist Systematic Strategies LLC Grows Stock Holdings 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 lifted its holdings in shares of Quad Graphics, Inc (NYSE:QUAD - Free Report) by 185.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 132,063 shares of the business services provider's stock after purchasing an additional 85,796 shares during the period. Cubist Systematic Strategies LLC owned about 0.25% of Quad Graphics worth $720,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in QUAD. CWM LLC grew 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 acquiring an additional 4,827 shares during the last quarter. Algert Global LLC purchased a new position in Quad Graphics during the 1st quarter valued at about $66,000. Ieq Capital LLC purchased a new position in Quad Graphics during the 1st quarter valued at about $92,000. Cambridge Investment Research Advisors Inc. purchased a new position in Quad Graphics during the 1st quarter valued at about $132,000. Finally, Lazard Asset Management LLC purchased a new position in Quad Graphics during the 4th quarter valued at about $143,000. Institutional investors own 39.52% of the company's stock.

Wall Street Analyst Weigh In

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

Quad Graphics Price Performance

Shares of QUAD stock traded up $0.12 during mid-day trading on Monday, hitting $6.72. The company had a trading volume of 121,707 shares, compared to its average volume of 219,834. Quad Graphics, Inc has a 52-week low of $4.31 and a 52-week high of $9.13. The stock's 50 day moving average price is $6.12 and its 200-day moving average price is $5.70. The company has a debt-to-equity ratio of 4.85, a current ratio of 0.92 and a quick ratio of 0.64. The company has a market capitalization of $338.91 million, a P/E ratio of -20.98 and a beta of 1.44.

Quad Graphics (NYSE:QUAD - Get Free Report) last released 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. Quad Graphics had a negative net margin of 0.55% and a positive return on equity of 70.06%. The firm had revenue of $571.90 million for the quarter, compared to the consensus estimate of $555.05 million. Equities research analysts forecast that Quad Graphics, Inc will post 1.08 earnings per share for the current year.

Quad Graphics Dividend Announcement

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

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.