StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD – Free Report) from a buy rating to a strong-buy rating in a research report released on Wednesday.
Other equities research analysts have also issued reports about the stock. Barrington Research reiterated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research report on Friday, February 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $10.30 price target on shares of Quad/Graphics in a research note on Tuesday, February 18th.
Check Out Our Latest Analysis on Quad/Graphics
Quad/Graphics Price Performance
Quad/Graphics (NYSE:QUAD – Get Free Report) last released its earnings results on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. The firm had revenue of $708.40 million during the quarter, compared to analyst estimates of $726.70 million. On average, analysts predict that Quad/Graphics will post 1.08 EPS for the current year.
Quad/Graphics Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date was Friday, February 28th. This is an increase from Quad/Graphics’s previous quarterly dividend of $0.05. Quad/Graphics’s payout ratio is -27.52%.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC lifted its position in Quad/Graphics by 16.1% during the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock worth $97,000 after acquiring an additional 1,922 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Quad/Graphics in the 4th quarter valued at approximately $97,000. FMR LLC grew its position in shares of Quad/Graphics by 1,103.6% during the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after buying an additional 20,218 shares in the last quarter. Corton Capital Inc. acquired a new position in Quad/Graphics during the 4th quarter worth $103,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Quad/Graphics during the fourth quarter worth about $112,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.
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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