Miller Value Partners LLC Has $17.55 Million Stock Holdings in Quad/Graphics, Inc. (NYSE:QUAD)

Miller Value Partners LLC raised its position in Quad/Graphics, Inc. (NYSE:QUAD - Free Report) by 33.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,518,130 shares of the business services provider's stock after purchasing an additional 634,315 shares during the quarter. Quad/Graphics accounts for about 7.5% of Miller Value Partners LLC's holdings, making the stock its 2nd biggest holding. Miller Value Partners LLC owned about 4.83% of Quad/Graphics worth $17,551,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Quad/Graphics by 4.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider's stock valued at $260,000 after buying an additional 1,629 shares during the period. MetLife Investment Management LLC acquired a new stake in Quad/Graphics during the fourth quarter worth approximately $134,000. Marshall Wace LLP acquired a new stake in Quad/Graphics during the fourth quarter worth approximately $97,000. EAM Investors LLC acquired a new stake in Quad/Graphics during the fourth quarter worth approximately $819,000. Finally, Jump Financial LLC acquired a new stake in Quad/Graphics in the fourth quarter valued at approximately $255,000. 39.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

QUAD has been the subject of a number of research reports. Rosenblatt Securities reissued a "buy" rating and issued a $10.30 price objective on shares of Quad/Graphics in a research note on Tuesday, February 18th. StockNews.com upgraded shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, April 2nd. Finally, Barrington Research restated an "outperform" rating and set a $10.00 price target on shares of Quad/Graphics in a research report on Friday, February 21st.

Quad/Graphics Price Performance

Shares of QUAD stock traded down $0.44 during trading hours on Wednesday, reaching $4.74. The stock had a trading volume of 401,822 shares, compared to its average volume of 234,294. The stock's fifty day simple moving average is $5.44 and its 200 day simple moving average is $6.45. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. Quad/Graphics, Inc. has a 12 month low of $4.06 and a 12 month high of $9.13. The firm has a market capitalization of $248.13 million, a PE ratio of -4.35 and a beta of 1.52.

Quad/Graphics (NYSE:QUAD - Get Free Report) last issued 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 1.90% and a positive return on equity of 58.44%. The firm had revenue of $629.40 million for the quarter, compared to analysts' expectations of $588.05 million. On average, equities research analysts predict that Quad/Graphics, Inc. will post 1.08 EPS for the current year.

Quad/Graphics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be issued a $0.075 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.30 annualized dividend and a yield of 6.33%. Quad/Graphics's dividend payout ratio (DPR) is presently -27.52%.

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.