American Century Companies Inc. Has $381,000 Position in Quad/Graphics, Inc. (NYSE:QUAD)

American Century Companies Inc. trimmed its stake in shares of Quad/Graphics, Inc. (NYSE:QUAD - Free Report) by 57.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,608 shares of the business services provider's stock after selling 74,233 shares during the quarter. American Century Companies Inc. owned about 0.10% of Quad/Graphics worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. SG Americas Securities LLC raised its holdings 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 valued at $97,000 after buying an additional 1,922 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Quad/Graphics by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 83,705 shares of the business services provider's stock worth $583,000 after purchasing an additional 2,234 shares in the last quarter. State Street Corp increased its holdings in shares of Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider's stock valued at $2,447,000 after purchasing an additional 10,431 shares during the period. Stifel Financial Corp raised its stake in shares of Quad/Graphics by 61.9% during the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider's stock valued at $141,000 after purchasing an additional 11,874 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in Quad/Graphics by 5.1% in the fourth quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider's stock worth $2,048,000 after purchasing an additional 14,275 shares during the period. Institutional investors own 39.52% of the company's stock.

Quad/Graphics Price Performance

Shares of NYSE QUAD traded up $0.07 during midday trading on Friday, reaching $5.20. The company's stock had a trading volume of 226,510 shares, compared to its average volume of 230,437. The company has a market cap of $271.95 million, a price-to-earnings ratio of -4.77 and a beta of 1.52. Quad/Graphics, Inc. has a one year low of $4.06 and a one year high of $9.13. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The company has a 50 day moving average price of $5.75 and a 200 day moving average price of $6.44.

Quad/Graphics (NYSE:QUAD - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. The company had revenue of $708.40 million for the quarter, compared to the consensus estimate of $726.70 million. On average, equities research analysts expect that Quad/Graphics, Inc. will post 1.08 EPS for the current year.

Quad/Graphics Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 5.77%. This is a boost from Quad/Graphics's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 28th. Quad/Graphics's dividend payout ratio (DPR) is presently -27.52%.

Analysts Set New Price Targets

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

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.