Quad/Graphics (NYSE:QUAD) Given Buy Rating at Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of Quad/Graphics (NYSE:QUAD) in a research report released on Tuesday,Benzinga reports. Rosenblatt Securities currently has a $10.30 target price on the business services provider’s stock.

QUAD has been the topic of a number of other reports. StockNews.com downgraded Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Quad/Graphics in a report on Tuesday, November 26th.

Quad/Graphics Stock Down 7.5 %

Shares of Quad/Graphics stock opened at $7.04 on Tuesday. The company has a market cap of $366.92 million, a P/E ratio of -4.27 and a beta of 1.57. The firm has a fifty day moving average of $7.12 and a two-hundred day moving average of $6.13. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. Quad/Graphics has a one year low of $4.06 and a one year high of $9.13.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. On average, analysts forecast that Quad/Graphics will post 0.84 earnings per share for the current year.

Quad/Graphics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.075 dividend. This is an increase from Quad/Graphics’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a yield of 4.26%. The ex-dividend date is Friday, February 28th. Quad/Graphics’s dividend payout ratio (DPR) is presently -12.12%.

Institutional Trading of Quad/Graphics

Several large investors have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Quad/Graphics in the 3rd quarter worth about $54,000. Marshall Wace LLP acquired a new position in Quad/Graphics during the fourth quarter worth about $97,000. FMR LLC lifted its holdings in shares of Quad/Graphics by 1,103.6% in the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 20,218 shares in the last quarter. Corton Capital Inc. acquired a new stake in shares of Quad/Graphics in the fourth quarter valued at approximately $103,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Quad/Graphics during the 4th quarter worth approximately $112,000. Institutional investors and hedge funds own 39.52% of the company’s stock.

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.