Two Sigma Advisers LP raised its holdings in shares of RR Donnelley & Sons Co (NYSE:RRD) by 32.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,847 shares of the business services provider’s stock after acquiring an additional 26,378 shares during the quarter. Two Sigma Advisers LP owned approximately 0.15% of RR Donnelley & Sons worth $427,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. grew its stake in RR Donnelley & Sons by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 571,530 shares of the business services provider’s stock valued at $2,263,000 after acquiring an additional 3,097 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in RR Donnelley & Sons during the 4th quarter valued at about $120,000. Mackay Shields LLC purchased a new position in RR Donnelley & Sons during the 4th quarter valued at about $422,000. Nomura Holdings Inc. grew its stake in RR Donnelley & Sons by 46.4% during the 4th quarter. Nomura Holdings Inc. now owns 1,109,789 shares of the business services provider’s stock valued at $4,388,000 after acquiring an additional 351,784 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in RR Donnelley & Sons by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 752,544 shares of the business services provider’s stock valued at $2,980,000 after acquiring an additional 64,721 shares in the last quarter. 87.81% of the stock is currently owned by institutional investors.
Separately, Zacks Investment Research raised RR Donnelley & Sons from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 7th.
RR Donnelley & Sons (NYSE:RRD) last announced its quarterly earnings results on Tuesday, February 26th. The business services provider reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.74 billion. RR Donnelley & Sons had a negative return on equity of 22.03% and a negative net margin of 0.16%. The firm’s revenue was down 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 EPS. As a group, equities research analysts forecast that RR Donnelley & Sons Co will post 0.74 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.03 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.12 annualized dividend and a dividend yield of 2.72%. RR Donnelley & Sons’s dividend payout ratio is 17.14%.
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RR Donnelley & Sons Profile
R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.
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