Quad/Graphics, Inc. (QUAD) Insider Eric N. Ashworth Sells 15,000 Shares

Quad/Graphics, Inc. (NYSE:QUAD) insider Eric N. Ashworth sold 15,000 shares of Quad/Graphics stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $13.14, for a total transaction of $197,100.00. Following the sale, the insider now owns 120,345 shares in the company, valued at approximately $1,581,333.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

QUAD stock traded up $0.19 during trading on Friday, hitting $12.19. The company had a trading volume of 35,496 shares, compared to its average volume of 441,035. The company has a market capitalization of $625.24 million, a P/E ratio of 6.83 and a beta of 1.65. Quad/Graphics, Inc. has a fifty-two week low of $11.56 and a fifty-two week high of $27.35. The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 1.94.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, February 19th. The business services provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.06). The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.17 billion. Quad/Graphics had a return on equity of 18.03% and a net margin of 0.20%. Quad/Graphics’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 earnings per share. Equities analysts anticipate that Quad/Graphics, Inc. will post 1.19 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Monday, February 25th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, February 22nd. This represents a $1.20 annualized dividend and a yield of 9.84%. Quad/Graphics’s dividend payout ratio (DPR) is presently 67.04%.

A number of large investors have recently added to or reduced their stakes in QUAD. Northern Oak Wealth Management Inc. purchased a new position in Quad/Graphics during the 4th quarter valued at about $25,000. IFP Advisors Inc grew its stake in Quad/Graphics by 853.5% during the 4th quarter. IFP Advisors Inc now owns 3,814 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 3,414 shares in the last quarter. Legal & General Group Plc grew its stake in Quad/Graphics by 17.4% during the 4th quarter. Legal & General Group Plc now owns 7,992 shares of the business services provider’s stock valued at $99,000 after acquiring an additional 1,183 shares in the last quarter. C M Bidwell & Associates Ltd. purchased a new position in Quad/Graphics during the 3rd quarter valued at about $118,000. Finally, Meeder Asset Management Inc. grew its stake in Quad/Graphics by 8.5% during the 4th quarter. Meeder Asset Management Inc. now owns 9,701 shares of the business services provider’s stock valued at $120,000 after acquiring an additional 761 shares in the last quarter. 57.72% of the stock is currently owned by institutional investors.

QUAD has been the subject of a number of research reports. ValuEngine downgraded shares of Quad/Graphics from a “hold” rating to a “sell” rating in a report on Friday, January 4th. TheStreet downgraded shares of Quad/Graphics from a “b-” rating to a “c+” rating in a report on Thursday, January 3rd. Finally, Zacks Investment Research downgraded shares of Quad/Graphics from a “hold” rating to a “strong sell” rating in a report on Saturday, March 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. Quad/Graphics presently has an average rating of “Hold” and an average target price of $28.50.

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Quad/Graphics Company Profile

Quad/Graphics, Inc provides print and marketing services in the United States, Europe, Latin America, and internationally. It operates through United States Print and Related Services, and International segments. The company offers printing services, including retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products; and paper procurement services.

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Insider Buying and Selling by Quarter for Quad/Graphics (NYSE:QUAD)

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