Quad Graphics, Inc (NYSE:QUAD) Declares $0.08 Quarterly Dividend

Quad Graphics, Inc (NYSE:QUAD - Get Free Report) declared a quarterly dividend on Tuesday, July 22nd, RTT News reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.075 per share by the business services provider on Friday, September 5th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.26%.

Quad Graphics has a dividend payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings.

Quad Graphics Stock Performance

Quad Graphics stock traded up $0.23 during mid-day trading on Tuesday, reaching $5.71. 149,967 shares of the stock traded hands, compared to its average volume of 265,025. The stock has a market capitalization of $288.75 million, a PE ratio of -15.01 and a beta of 1.40. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.96 and a quick ratio of 0.66. Quad Graphics has a 12-month low of $4.06 and a 12-month high of $9.13. The business's 50-day moving average is $5.60 and its 200-day moving average is $5.84.

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

Wall Street Analyst Weigh In

QUAD has been the topic of several research analyst reports. Barrington Research restated an "outperform" rating and set a $10.00 target price on shares of Quad Graphics in a research note on Friday, May 2nd. Wall Street Zen upgraded Quad Graphics from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, April 2nd. Finally, Rosenblatt Securities restated a "buy" rating and set a $8.90 target price on shares of Quad Graphics in a research note on Friday, June 6th.

Hedge Funds Weigh In On Quad Graphics

Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of Quad Graphics during the 1st quarter valued at approximately $2,101,000. Focus Partners Wealth purchased a new stake in Quad Graphics during the 1st quarter worth $144,000. Empowered Funds LLC boosted its position in Quad Graphics by 7.3% during the 1st quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider's stock worth $1,718,000 after purchasing an additional 21,448 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in Quad Graphics by 1,135.6% in the 1st quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider's stock worth $103,000 after buying an additional 17,408 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company's stock.

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.

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