Boston Partners Acquires Shares of 190,256 Quad/Graphics, Inc. (NYSE:QUAD)

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Boston Partners acquired a new stake in Quad/Graphics, Inc. (NYSE:QUAD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 190,256 shares of the business services provider’s stock, valued at approximately $2,000,000. Boston Partners owned about 0.36% of Quad/Graphics as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Public Employees Retirement System of Ohio grew its position in shares of Quad/Graphics by 3.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 29,779 shares of the business services provider’s stock worth $236,000 after buying an additional 1,121 shares in the last quarter. First Trust Advisors LP grew its position in shares of Quad/Graphics by 2.3% during the 1st quarter. First Trust Advisors LP now owns 55,889 shares of the business services provider’s stock worth $665,000 after buying an additional 1,280 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Quad/Graphics by 0.7% during the 2nd quarter. Prudential Financial Inc. now owns 262,977 shares of the business services provider’s stock worth $2,080,000 after buying an additional 1,700 shares in the last quarter. Northern Oak Wealth Management Inc. grew its position in shares of Quad/Graphics by 66.7% during the 2nd quarter. Northern Oak Wealth Management Inc. now owns 5,000 shares of the business services provider’s stock worth $40,000 after buying an additional 2,000 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Quad/Graphics by 54.0% during the 2nd quarter. Bank of Montreal Can now owns 6,533 shares of the business services provider’s stock worth $51,000 after buying an additional 2,292 shares in the last quarter. 53.53% of the stock is currently owned by institutional investors.

QUAD opened at $4.25 on Tuesday. Quad/Graphics, Inc. has a 12-month low of $3.63 and a 12-month high of $16.88. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 4.95. The business’s fifty day simple moving average is $6.39 and its 200-day simple moving average is $8.56. The company has a market capitalization of $237.05 million, a price-to-earnings ratio of 2.37 and a beta of 1.58.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.10 earnings per share (EPS) for the quarter. Quad/Graphics had a positive return on equity of 5.35% and a negative net margin of 4.47%. The business had revenue of $943.60 million for the quarter. On average, equities research analysts predict that Quad/Graphics, Inc. will post -0.11 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.12%. The ex-dividend date is Friday, November 15th. Quad/Graphics’s dividend payout ratio (DPR) is currently 33.52%.

A number of equities analysts have recently issued reports on the company. TheStreet downgraded Quad/Graphics from a “c-” rating to a “d+” rating in a research report on Friday, November 1st. Buckingham Research downgraded Quad/Graphics from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $20.00 to $7.00 in a research report on Wednesday, October 30th. Finally, Zacks Investment Research downgraded Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th.

In related news, CFO David J. Honan acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average cost of $4.58 per share, for a total transaction of $45,800.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Kelly A. Vanderboom acquired 18,287 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average price of $4.22 per share, with a total value of $77,171.14. Following the completion of the purchase, the executive vice president now directly owns 94,823 shares in the company, valued at $400,153.06. The disclosure for this purchase can be found here. Insiders have purchased a total of 45,350 shares of company stock valued at $195,560 over the last 90 days. 10.85% of the stock is currently owned by company insiders.

About Quad/Graphics

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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Institutional Ownership by Quarter for Quad/Graphics (NYSE:QUAD)

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