GSA Capital Partners LLP trimmed its stake in shares of Quad/Graphics, Inc. (NYSE:QUAD – Free Report) by 23.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,567 shares of the business services provider’s stock after selling 12,452 shares during the quarter. GSA Capital Partners LLP owned 0.08% of Quad/Graphics worth $189,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Quad/Graphics during the third quarter worth $54,000. GAMMA Investing LLC bought a new position in shares of Quad/Graphics in the 2nd quarter valued at about $68,000. Quadrature Capital Ltd bought a new position in shares of Quad/Graphics in the 1st quarter valued at about $104,000. Heron Bay Capital Management acquired a new stake in shares of Quad/Graphics during the 2nd quarter worth approximately $124,000. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Quad/Graphics by 20.7% during the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after buying an additional 4,023 shares during the last quarter. Institutional investors own 39.52% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on the stock. Barrington Research upped their target price on shares of Quad/Graphics from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $7.60 target price on shares of Quad/Graphics in a research report on Friday, October 25th.
Quad/Graphics Price Performance
Shares of QUAD stock opened at $7.01 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics, Inc. has a 12-month low of $4.06 and a 12-month high of $7.94. The firm has a fifty day moving average of $5.79 and a 200-day moving average of $5.28. The firm has a market capitalization of $365.36 million, a price-to-earnings ratio of -4.25 and a beta of 1.57.
Quad/Graphics (NYSE:QUAD – Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The company had revenue of $674.80 million during the quarter, compared to the consensus estimate of $654.90 million. During the same period in the prior year, the business posted $0.11 EPS. On average, equities research analysts forecast that Quad/Graphics, Inc. will post 0.84 earnings per share for the current year.
Quad/Graphics Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 2.85%. Quad/Graphics’s dividend payout ratio is currently -12.12%.
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.
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