Great Valley Advisor Group Inc. Reduces Position in Quad/Graphics, Inc. (NYSE:QUAD)

Great Valley Advisor Group Inc. decreased its stake in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 7.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 751,873 shares of the business services provider’s stock after selling 61,102 shares during the period. Great Valley Advisor Group Inc.’s holdings in Quad/Graphics were worth $3,414,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. boosted its holdings in shares of Quad/Graphics by 271.2% during the second quarter. Harbor Capital Advisors Inc. now owns 32,175 shares of the business services provider’s stock worth $175,000 after purchasing an additional 23,507 shares during the last quarter. Inspire Investing LLC acquired a new stake in shares of Quad/Graphics during the second quarter worth $850,000. Vanguard Group Inc. boosted its holdings in shares of Quad/Graphics by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,767,528 shares of the business services provider’s stock worth $9,386,000 after purchasing an additional 11,139 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Quad/Graphics during the third quarter worth $54,000. Finally, GAMMA Investing LLC acquired a new stake in shares of Quad/Graphics during the second quarter worth $68,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on QUAD shares. Barrington Research raised their price objective on Quad/Graphics from $8.50 to $10.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 26th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $7.60 target price on shares of Quad/Graphics in a report on Friday, October 25th.

Quad/Graphics Stock Performance

Shares of Quad/Graphics stock opened at $7.01 on Monday. Quad/Graphics, Inc. has a twelve month low of $4.06 and a twelve month high of $7.94. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The business’s fifty day moving average price is $5.79 and its 200 day moving average price is $5.28.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $674.80 million for the quarter, compared to analysts’ expectations of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same quarter in the previous year, the firm posted $0.11 earnings per share. As a group, equities analysts expect that Quad/Graphics, Inc. will post 0.84 EPS for the current fiscal year.

Quad/Graphics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 18th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Monday, November 18th. Quad/Graphics’s payout ratio is -12.12%.

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, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.