Quad/Graphics (NYSE:QUAD) Shares Pass Above 50-Day Moving Average of $4.82

Quad/Graphics, Inc. (NYSE:QUAD) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.82 and traded as high as $5.51. Quad/Graphics shares last traded at $5.37, with a volume of 334,397 shares changing hands.

Analyst Ratings Changes

Several research firms have issued reports on QUAD. StockNews.com cut Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 7th. Barrington Research boosted their price objective on shares of Quad/Graphics from $8.00 to $8.50 and gave the company an “outperform” rating in a report on Friday, May 3rd. Finally, Rosenblatt Securities started coverage on shares of Quad/Graphics in a research note on Friday, May 31st. They set a “buy” rating and a $7.50 target price for the company.

Quad/Graphics Stock Performance

The company has a quick ratio of 0.58, a current ratio of 0.87 and a debt-to-equity ratio of 5.38. The firm has a market capitalization of $278.91 million, a PE ratio of -4.30 and a beta of 1.56. The firm has a 50-day moving average price of $4.82 and a 200 day moving average price of $5.18.

Quad/Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, April 30th. The business services provider reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.08. The company had revenue of $654.80 million during the quarter, compared to analysts’ expectations of $648.30 million. Quad/Graphics had a positive return on equity of 18.67% and a negative net margin of 2.07%. Research analysts expect that Quad/Graphics, Inc. will post 0.74 earnings per share for the current year.

Quad/Graphics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Wednesday, May 22nd were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend was Tuesday, May 21st. Quad/Graphics’s payout ratio is currently -16.00%.

Hedge Funds Weigh In On Quad/Graphics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QUAD. Mackenzie Financial Corp acquired a new stake in shares of Quad/Graphics in the fourth quarter valued at $72,000. Brandywine Global Investment Management LLC raised its position in Quad/Graphics by 17.9% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 17,850 shares of the business services provider’s stock valued at $90,000 after purchasing an additional 2,710 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in Quad/Graphics in the 1st quarter valued at about $104,000. D Orazio & Associates Inc. boosted its stake in shares of Quad/Graphics by 47.1% in the 4th quarter. D Orazio & Associates Inc. now owns 21,642 shares of the business services provider’s stock valued at $117,000 after buying an additional 6,933 shares during the period. Finally, EMC Capital Management grew its position in shares of Quad/Graphics by 11.7% during the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after buying an additional 2,623 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

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.