Quad/Graphics, Inc. (NYSE:QUAD) Short Interest Update

Quad/Graphics, Inc. (NYSE:QUAD – Get Rating) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 1,250,000 shares, a drop of 24.2% from the March 15th total of 1,650,000 shares. Currently, 3.7% of the company’s stock are sold short. Based on an average daily trading volume, of 311,700 shares, the short-interest ratio is presently 4.0 days.

NYSE QUAD traded down $0.11 during trading hours on Monday, hitting $7.00. The company’s stock had a trading volume of 301,855 shares, compared to its average volume of 303,486. Quad/Graphics has a 52 week low of $2.95 and a 52 week high of $7.34. The company has a market capitalization of $391.82 million, a PE ratio of 9.85 and a beta of 1.70. The company has a current ratio of 0.85, a quick ratio of 0.61 and a debt-to-equity ratio of 4.07. The company’s 50-day simple moving average is $6.02 and its two-hundred day simple moving average is $4.83.

Quad/Graphics (NYSE:QUAD – Get Rating) last announced its quarterly earnings results on Tuesday, February 22nd. The business services provider reported $0.10 earnings per share for the quarter. Quad/Graphics had a net margin of 1.28% and a return on equity of 24.87%. The business had revenue of $854.60 million for the quarter.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Counterpoint Mutual Funds LLC increased its stake in Quad/Graphics by 56.0% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 7,111 shares of the business services provider’s stock valued at $28,000 after buying an additional 2,552 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in Quad/Graphics in the 4th quarter valued at about $40,000. Ritholtz Wealth Management purchased a new stake in Quad/Graphics in the 1st quarter valued at about $127,000. Jane Street Group LLC increased its stake in Quad/Graphics by 100.9% in the 3rd quarter. Jane Street Group LLC now owns 20,122 shares of the business services provider’s stock valued at $86,000 after buying an additional 10,104 shares during the last quarter. Finally, Annex Advisory Services LLC increased its stake in Quad/Graphics by 13.4% in the 1st quarter. Annex Advisory Services LLC now owns 20,906 shares of the business services provider’s stock valued at $145,000 after buying an additional 2,475 shares during the last quarter. 28.45% of the stock is currently owned by institutional investors and hedge funds.

Separately, StockNews.com started coverage on shares of Quad/Graphics in a research report on Thursday, March 31st. They set a “buy” rating for the company.

Quad/Graphics Company Profile (Get Rating)

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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