248,562 Shares in Quad/Graphics, Inc. (NYSE:QUAD) Bought by Bank of Montreal Can

Bank of Montreal Can purchased a new position in Quad/Graphics, Inc. (NYSE:QUAD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 248,562 shares of the business services provider’s stock, valued at approximately $947,000.

Other institutional investors also recently bought and sold shares of the company. UBS Group AG lifted its position in Quad/Graphics by 2,432.1% in the first quarter. UBS Group AG now owns 3,545 shares of the business services provider’s stock worth $25,000 after buying an additional 3,405 shares during the last quarter. Royal Bank of Canada lifted its position in Quad/Graphics by 1,678.2% in the first quarter. Royal Bank of Canada now owns 5,868 shares of the business services provider’s stock worth $41,000 after buying an additional 5,538 shares during the last quarter. Prudential Financial Inc. bought a new stake in Quad/Graphics in the second quarter worth $41,000. Lazard Asset Management LLC bought a new stake in Quad/Graphics in the first quarter worth $44,000. Finally, American International Group Inc. bought a new stake in shares of Quad/Graphics during the second quarter worth $45,000. 32.43% of the stock is currently owned by institutional investors.

Quad/Graphics Stock Up 0.7 %

NYSE:QUAD opened at $4.39 on Monday. Quad/Graphics, Inc. has a twelve month low of $2.68 and a twelve month high of $6.41. The company has a market cap of $225.24 million, a price-to-earnings ratio of -5.10 and a beta of 1.74. The stock has a fifty day simple moving average of $4.85 and a 200-day simple moving average of $4.54. The company has a current ratio of 0.81, a quick ratio of 0.51 and a debt-to-equity ratio of 3.05.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $700.20 million for the quarter, compared to analyst estimates of $732.40 million. Quad/Graphics had a positive return on equity of 22.74% and a negative net margin of 1.38%. During the same quarter last year, the firm posted $0.32 earnings per share. Analysts anticipate that Quad/Graphics, Inc. will post 0.41 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on QUAD shares. TheStreet downgraded Quad/Graphics from a “c-” rating to a “d+” rating in a research report on Monday, September 11th. StockNews.com downgraded Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research report on Friday.

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.