Semanteon Capital Management LP purchased a new position in Quad/Graphics, Inc. (NYSE:QUAD – Free Report) during the 4th quarter, Holdings Channel reports. The fund purchased 35,779 shares of the business services provider’s stock, valued at approximately $249,000.
Other institutional investors have also added to or reduced their stakes in the company. Inspire Investing LLC bought a new stake in shares of Quad/Graphics during the 4th quarter valued at $1,150,000. State Street Corp raised its position in shares of Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after purchasing an additional 10,431 shares during the period. Geode Capital Management LLC raised its position in shares of Quad/Graphics by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after purchasing an additional 15,220 shares during the period. FMR LLC raised its position in shares of Quad/Graphics by 1,103.6% during the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 20,218 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of Quad/Graphics by 450.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock valued at $214,000 after purchasing an additional 38,588 shares during the period. 39.52% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
QUAD has been the topic of several recent analyst reports. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Barrington Research restated an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research report on Friday, February 21st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $10.30 price target on shares of Quad/Graphics in a report on Tuesday, February 18th.
Quad/Graphics Stock Performance
Shares of NYSE QUAD opened at $5.50 on Friday. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The company has a market cap of $287.65 million, a P/E ratio of -5.04 and a beta of 1.76. The firm’s fifty day moving average is $6.48 and its two-hundred day moving average is $6.35. Quad/Graphics, Inc. has a 52-week low of $4.06 and a 52-week high of $9.13.
Quad/Graphics (NYSE:QUAD – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). The company had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. As a group, analysts anticipate that Quad/Graphics, Inc. will post 1.08 EPS for the current fiscal year.
Quad/Graphics Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.075 dividend. This is a boost from Quad/Graphics’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date was Friday, February 28th. Quad/Graphics’s dividend payout ratio (DPR) is presently -27.52%.
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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