Arrowstreet Capital Limited Partnership Buys 85,565 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Arrowstreet Capital Limited Partnership boosted its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD - Free Report) by 50.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 254,479 shares of the business services provider's stock after acquiring an additional 85,565 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.49% of Quad/Graphics worth $1,774,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Inspire Investing LLC bought a new stake in shares of Quad/Graphics during the fourth quarter worth $1,150,000. State Street Corp increased its holdings in Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider's stock worth $2,447,000 after purchasing an additional 10,431 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Quad/Graphics by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider's stock valued at $3,038,000 after purchasing an additional 15,220 shares during the period. FMR LLC lifted its holdings in shares of Quad/Graphics by 1,103.6% in the third quarter. FMR LLC now owns 22,050 shares of the business services provider's stock valued at $100,000 after purchasing an additional 20,218 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Quad/Graphics by 450.4% during the third quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider's stock worth $214,000 after buying an additional 38,588 shares during the period. 39.52% of the stock is currently owned by institutional investors.

Quad/Graphics Stock Performance

NYSE QUAD traded down $0.01 on Wednesday, hitting $5.16. 19,414 shares of the stock were exchanged, compared to its average volume of 229,587. The company has a market capitalization of $269.85 million, a PE ratio of -4.73 and a beta of 1.52. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. The business's fifty day moving average is $5.85 and its 200 day moving average is $6.44. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13.

Quad/Graphics (NYSE:QUAD - Get Free Report) last issued its earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by ($0.02). Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The firm had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Research analysts anticipate that Quad/Graphics, Inc. will post 1.08 EPS for the current fiscal year.

Quad/Graphics Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.82%. This is a boost from Quad/Graphics's previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 28th. Quad/Graphics's dividend payout ratio (DPR) is presently -27.52%.

Analyst Ratings Changes

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

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.