2 weeks Ago By Defense World Staff
American Century Companies Inc. trimmed its position in Quad/Graphics, Inc. ( NYSE:QUAD – Free Report ) by 33.
8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 238,314 shares of the business services provider’s stock after selling 121,734 shares during the quarter. American Century Companies Inc.
owned about 0.46% of Quad/Graphics worth $1,299,000 at the end of the most recent reporting period. A number of other hedge funds also recently made changes to their positions in the company.
LSV Asset Management increased its position in Quad/Graphics by 5.8% during the first quarter. LSV Asset Management now owns 1,118,383 shares of the business services provider’s stock valued at $5,939,000 after acquiring an additional 61,431 shares during the last quarter.
Privium Fund Management UK Ltd purchased a new stake in Quad/Graphics in the 2nd quarter worth about $262,000. Allspring Global Investments Holdings LLC lifted its stake in Quad/Graphics by 8,613.3% in the second quarter.
Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock worth $154,000 after purchasing an additional 27,907 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position 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 valued at $175,000 after buying an additional 23,507 shares during the period.
Finally, Quadrature Capital Ltd bought a new position in shares of Quad/Graphics during the first quarter valued at approximately $104,000. 39.52% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of equities research analysts recently issued reports on QUAD shares. Barrington Research reissued an “outperform” rating and set a $8.50 price target on shares of Quad/Graphics in a research note on Friday, September 20th.
StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 16th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $7.
60 price target on shares of Quad/Graphics in a report on Tuesday, September 24th. Quad/Graphics Stock Down 1.9 % Shares of NYSE QUAD opened at $4.
54 on Tuesday. Quad/Graphics, Inc. has a 52-week low of $3.
96 and a 52-week high of $6.75. The firm has a market capitalization of $235.
80 million, a price-to-earnings ratio of -3.63 and a beta of 1.60.
The stock has a 50 day moving average price of $4.69 and a 200 day moving average price of $4.96.
The company has a debt-to-equity ratio of 5.83, a quick ratio of 0.56 and a current ratio of 0.
85. Quad/Graphics ( NYSE:QUAD – Get Free Report ) last posted its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.
12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05.
The business had revenue of $634.20 million for the quarter, compared to the consensus estimate of $645.70 million.
Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%.
During the same quarter in the prior year, the company earned $0.02 EPS. Sell-side analysts expect that Quad/Graphics, Inc.
will post 0.76 earnings per share for the current year. Quad/Graphics Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th.
Stockholders of record on Monday, August 19th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, August 19th.
This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.41%.
Quad/Graphics’s dividend payout ratio is presently -16.00%. Quad/Graphics Company Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Quad/Graphics Stock Splits, Do They Really Impact Investors? TJX Stock: A Buying Opportunity Before the Holiday Rush What Are the U.
K. Market Holidays? How to Invest and Trade Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Most active stocks: Dollar volume vs share volume Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding QUAD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quad/Graphics, Inc.
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