JPMorgan Chase & Co. grew its stake in Quad/Graphics, Inc. (NYSE:QUAD - Free Report) by 467.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 80,250 shares of the business services provider's stock after acquiring an additional 66,111 shares during the period. JPMorgan Chase & Co. owned about 0.15% of Quad/Graphics worth $559,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in QUAD. SG Americas Securities LLC boosted its position in shares of Quad/Graphics by 16.1% during the fourth quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider's stock worth $97,000 after buying an additional 1,922 shares during the period. Virtu Financial LLC acquired a new position in Quad/Graphics in the 4th quarter valued at about $116,000. EMC Capital Management increased its stake in Quad/Graphics by 835.7% during the fourth quarter. EMC Capital Management now owns 25,020 shares of the business services provider's stock worth $174,000 after purchasing an additional 22,346 shares during the period. Barclays PLC lifted its position in shares of Quad/Graphics by 323.3% during the third quarter. Barclays PLC now owns 42,763 shares of the business services provider's stock worth $195,000 after purchasing an additional 32,661 shares in the last quarter. Finally, Semanteon Capital Management LP purchased a new position in shares of Quad/Graphics in the fourth quarter valued at approximately $249,000. Hedge funds and other institutional investors own 39.52% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have issued reports on QUAD. StockNews.com upgraded shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a report on Wednesday, April 2nd. Rosenblatt Securities decreased their target price on Quad/Graphics from $10.30 to $8.90 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, Barrington Research reissued an "outperform" rating and set a $10.00 target price on shares of Quad/Graphics in a research note on Friday.
Check Out Our Latest Stock Analysis on Quad/Graphics
Quad/Graphics Stock Down 2.5 %
Quad/Graphics stock traded down $0.14 during mid-day trading on Tuesday, hitting $5.35. The company had a trading volume of 317,034 shares, compared to its average volume of 243,127. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics, Inc. has a 1 year low of $4.06 and a 1 year high of $9.13. The business has a fifty day moving average of $5.34 and a 200 day moving average of $6.44. The stock has a market cap of $280.27 million, a price-to-earnings ratio of -4.91 and a beta of 1.30.
Quad/Graphics (NYSE:QUAD - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $629.40 million for the quarter, compared to analyst estimates of $588.05 million. Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. On average, sell-side analysts expect that Quad/Graphics, Inc. will post 1.08 earnings per share for the current fiscal year.
Quad/Graphics Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be given a $0.075 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.30 annualized dividend and a yield of 5.60%. Quad/Graphics's dividend payout ratio (DPR) is -78.95%.
About Quad/Graphics
(
Free Report)
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.
Featured Stories
Before you consider Quad/Graphics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quad/Graphics wasn't on the list.
While Quad/Graphics currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
