11,929 Shares in Quad/Graphics, Inc. (NYSE:QUAD) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in shares of Quad/Graphics, Inc. (NYSE:QUAD) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,929 shares of the business services provider’s stock, valued at approximately $54,000.

Other large investors also recently added to or reduced their stakes in the company. Inspire Investing LLC bought a new stake in shares of Quad/Graphics during the second quarter worth approximately $850,000. Bank of Montreal Can bought a new stake in shares of Quad/Graphics during the 2nd quarter valued at $408,000. LSV Asset Management lifted its stake in shares of Quad/Graphics by 5.8% in the 1st quarter. LSV Asset Management now owns 1,118,383 shares of the business services provider’s stock valued at $5,939,000 after purchasing an additional 61,431 shares during the period. Privium Fund Management UK Ltd bought a new position in shares of Quad/Graphics in the 2nd quarter worth $262,000. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Quad/Graphics by 8,613.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock worth $154,000 after purchasing an additional 27,907 shares during the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad/Graphics Price Performance

QUAD opened at $5.24 on Tuesday. The stock has a market cap of $273.32 million, a P/E ratio of -4.40 and a beta of 1.60. Quad/Graphics, Inc. has a 12 month low of $3.96 and a 12 month high of $6.75. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 5.83. The company has a fifty day simple moving average of $4.81 and a 200 day simple moving average of $4.96.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, topping 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 company had revenue of $634.20 million during the quarter, compared to the consensus estimate of $645.70 million. During the same period in the prior year, the company earned $0.02 earnings per share. On average, research analysts expect that Quad/Graphics, Inc. will post 0.76 EPS for the current year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Monday, November 18th. Quad/Graphics’s payout ratio is currently -16.81%.

Analyst Ratings Changes

QUAD has been the subject of a number of recent analyst reports. Barrington Research reissued an “outperform” rating and issued a $8.50 target price on shares of Quad/Graphics in a research note on Friday, September 20th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $7.60 price target on shares of Quad/Graphics in a research note on Friday. Finally, StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday.

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.