StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD – Free Report) from a buy rating to a strong-buy rating in a report published on Saturday morning.
Several other equities research analysts also recently issued reports on the company. Barrington Research restated an “outperform” rating and set a $8.50 price objective on shares of Quad/Graphics in a report on Friday, September 20th. Rosenblatt Securities restated a “buy” rating and set a $7.60 price objective on shares of Quad/Graphics in a research report on Friday, October 25th.
Get Our Latest Analysis on Quad/Graphics
Quad/Graphics Stock Up 12.0 %
Quad/Graphics (NYSE:QUAD – Get Free Report) last announced its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating the consensus estimate of $0.20 by $0.06. The business had revenue of $674.80 million for the quarter, compared to the consensus estimate of $654.90 million. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. During the same period last year, the business posted $0.11 EPS. As a group, equities research analysts anticipate that Quad/Graphics will post 0.76 EPS for the current fiscal year.
Quad/Graphics Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be paid a $0.05 dividend. The ex-dividend date is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 3.41%. Quad/Graphics’s dividend payout ratio (DPR) is currently -16.81%.
Institutional Trading of Quad/Graphics
Several hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in shares of Quad/Graphics in the 3rd quarter valued at $54,000. GAMMA Investing LLC bought a new position in Quad/Graphics during the second quarter worth about $68,000. Quadrature Capital Ltd bought a new position in Quad/Graphics during the first quarter worth about $104,000. Heron Bay Capital Management bought a new stake in shares of Quad/Graphics in the second quarter valued at about $124,000. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Quad/Graphics by 20.7% in the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after purchasing an additional 4,023 shares in the last quarter. 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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