Jane Street Group LLC Purchases 41,786 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Jane Street Group LLC grew its position in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 96.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,111 shares of the business services provider’s stock after buying an additional 41,786 shares during the quarter. Jane Street Group LLC owned 0.16% of Quad/Graphics worth $386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of QUAD. LSV Asset Management lifted its holdings in shares of Quad/Graphics by 4.2% during the 2nd quarter. LSV Asset Management now owns 1,165,265 shares of the business services provider’s stock valued at $6,351,000 after buying an additional 46,882 shares during the period. PFG Investments LLC raised its holdings in Quad/Graphics by 33.4% in the 2nd quarter. PFG Investments LLC now owns 52,228 shares of the business services provider’s stock worth $285,000 after purchasing an additional 13,075 shares during the period. Renaissance Technologies LLC raised its holdings in Quad/Graphics by 1.7% in the 2nd quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock worth $4,236,000 after purchasing an additional 13,200 shares during the period. Inspire Investing LLC bought a new position in Quad/Graphics in the 2nd quarter worth $850,000. Finally, Heron Bay Capital Management bought a new position in Quad/Graphics in the 2nd quarter worth $124,000. 39.52% of the stock is owned by institutional investors.

Quad/Graphics Trading Up 2.0 %

Shares of QUAD stock opened at $6.49 on Thursday. Quad/Graphics, Inc. has a 12-month low of $4.06 and a 12-month 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 stock’s 50-day moving average price is $7.39 and its 200-day moving average price is $5.88. The stock has a market capitalization of $338.25 million, a price-to-earnings ratio of -3.93 and a beta of 1.59.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. The company had revenue of $674.80 million for the quarter, compared to analysts’ expectations of $654.90 million. During the same period in the previous year, the firm posted $0.11 earnings per share. Equities research analysts predict that Quad/Graphics, Inc. will post 0.84 EPS for the current fiscal year.

Quad/Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 3.08%. Quad/Graphics’s payout ratio is currently -12.12%.

Wall Street Analyst Weigh In

QUAD has been the topic of a number of recent research reports. Rosenblatt Securities raised their target price on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 4th. Finally, Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th.

Quad/Graphics 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.