Virtu Financial LLC Makes New $116,000 Investment in Quad/Graphics, Inc. (NYSE:QUAD)

Virtu Financial LLC bought a new position in shares of Quad/Graphics, Inc. (NYSE:QUAD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,664 shares of the business services provider’s stock, valued at approximately $116,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in shares of Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock worth $3,038,000 after purchasing an additional 15,220 shares during the period. State Street Corp grew its stake in Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after buying an additional 10,431 shares in the last quarter. Empowered Funds LLC increased its holdings in Quad/Graphics by 5.1% in the 4th quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider’s stock valued at $2,048,000 after buying an additional 14,275 shares during the period. Bank of New York Mellon Corp raised its position in shares of Quad/Graphics by 171.3% in the 4th quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider’s stock valued at $2,046,000 after buying an additional 185,344 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Quad/Graphics by 7.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 250,262 shares of the business services provider’s stock worth $1,744,000 after acquiring an additional 17,263 shares during the period. Institutional investors own 39.52% of the company’s stock.

Quad/Graphics Stock Performance

Shares of Quad/Graphics stock opened at $5.41 on Monday. The company’s 50 day moving average price is $6.37 and its two-hundred day moving average price is $6.41. The firm has a market capitalization of $283.41 million, a P/E ratio of -4.97 and a beta of 1.76. Quad/Graphics, Inc. has a fifty-two week low of $4.06 and a fifty-two week high of $9.13. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). The firm had revenue of $708.40 million for the quarter, compared to the consensus estimate of $726.70 million. Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. On average, equities analysts forecast that Quad/Graphics, Inc. will post 1.08 earnings per share for the current fiscal year.

Quad/Graphics Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from Quad/Graphics’s previous quarterly dividend of $0.05. Quad/Graphics’s dividend payout ratio (DPR) is -27.52%.

Analyst Upgrades and Downgrades

Several research analysts have commented on QUAD shares. Rosenblatt Securities restated a “buy” rating and set a $10.30 price objective on shares of Quad/Graphics in a research report on Tuesday, February 18th. Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of Quad/Graphics in a report on Friday, February 21st. Finally, StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 20th.

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.