Inspire Investing LLC Invests $850,000 in Quad/Graphics, Inc. (NYSE:QUAD)

Inspire Investing LLC bought a new stake in Quad/Graphics, Inc. (NYSE:QUAD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 155,994 shares of the business services provider’s stock, valued at approximately $850,000. Inspire Investing LLC owned approximately 0.30% of Quad/Graphics as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in shares of Quad/Graphics by 17.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 81,834 shares of the business services provider’s stock worth $444,000 after acquiring an additional 11,970 shares during the period. Crescent Grove Advisors LLC increased its stake in shares of Quad/Graphics by 19.8% in the first quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 10,000 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Quad/Graphics by 20.8% during the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after buying an additional 7,947 shares during the last quarter. LSV Asset Management boosted its position in shares of Quad/Graphics by 5.8% during the first quarter. LSV Asset Management now owns 1,118,383 shares of the business services provider’s stock worth $5,939,000 after buying an additional 61,431 shares during the period. Finally, Empowered Funds LLC grew its holdings in Quad/Graphics by 8.1% in the 1st quarter. Empowered Funds LLC now owns 246,202 shares of the business services provider’s stock worth $1,307,000 after buying an additional 18,550 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on QUAD. Rosenblatt Securities boosted their price target on Quad/Graphics from $7.50 to $7.60 and gave the stock a “buy” rating in a research report on Thursday, August 1st. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 16th. Finally, Barrington Research reissued an “outperform” rating and set a $8.50 target price on shares of Quad/Graphics in a research note on Friday.

Quad/Graphics Stock Performance

Shares of NYSE QUAD opened at $4.46 on Friday. Quad/Graphics, Inc. has a 1 year low of $3.96 and a 1 year high of $6.75. The firm has a market cap of $232.63 million, a P/E ratio of -3.57 and a beta of 1.60. The stock has a fifty day moving average price of $4.83 and a two-hundred day moving average price of $4.98. The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.56 and a current ratio of 0.85.

Quad/Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, July 30th. The business services provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. The business had revenue of $634.20 million during the quarter, compared to analysts’ expectations of $645.70 million. During the same quarter last year, the business posted $0.02 earnings per share. Research analysts forecast that Quad/Graphics, Inc. will post 0.76 EPS for the current fiscal year.

Quad/Graphics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 19th were paid a $0.05 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.20 annualized dividend and a dividend yield of 4.48%. Quad/Graphics’s dividend payout ratio is currently -16.00%.

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.