Quad/Graphics (QUAD) Sets New 12-Month Low at $10.18

Shares of Quad/Graphics, Inc. (NYSE:QUAD) hit a new 52-week low on Thursday . The stock traded as low as $10.18 and last traded at $10.44, with a volume of 15300 shares trading hands. The stock had previously closed at $11.02.

QUAD has been the subject of several recent research reports. Zacks Investment Research downgraded Quad/Graphics from a “hold” rating to a “strong sell” rating in a research report on Saturday, March 2nd. ValuEngine downgraded Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Friday, January 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Quad/Graphics currently has a consensus rating of “Hold” and a consensus price target of $28.50.

The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 1.94. The stock has a market cap of $579.02 million, a price-to-earnings ratio of 6.23 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, April 30th. The business services provider reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.03). The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $979.58 million. Quad/Graphics had a negative net margin of 0.25% and a positive return on equity of 11.13%. Quad/Graphics’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 EPS. As a group, equities analysts expect that Quad/Graphics, Inc. will post 1.19 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 20th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, May 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.76%. Quad/Graphics’s dividend payout ratio is presently 67.04%.

In related news, insider Eric N. Ashworth sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $13.14, for a total transaction of $197,100.00. Following the completion of the transaction, the insider now owns 120,345 shares in the company, valued at $1,581,333.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 10.85% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in QUAD. UBS Oconnor LLC bought a new position in Quad/Graphics in the fourth quarter worth $1,459,000. AQR Capital Management LLC raised its holdings in Quad/Graphics by 208.6% in the third quarter. AQR Capital Management LLC now owns 123,008 shares of the business services provider’s stock worth $2,563,000 after purchasing an additional 83,149 shares in the last quarter. Strs Ohio raised its holdings in Quad/Graphics by 27.4% in the fourth quarter. Strs Ohio now owns 46,900 shares of the business services provider’s stock worth $577,000 after purchasing an additional 10,100 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Quad/Graphics by 1.2% in the fourth quarter. Advisors Asset Management Inc. now owns 783,588 shares of the business services provider’s stock worth $9,654,000 after purchasing an additional 9,179 shares in the last quarter. Finally, Water Island Capital LLC bought a new position in Quad/Graphics in the fourth quarter worth $2,378,000. Institutional investors own 56.59% of the company’s stock.

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Quad/Graphics Company Profile (NYSE:QUAD)

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, books, 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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