Quad/Graphics, Inc. (NYSE:QUAD) Shares Acquired by Barclays PLC

Barclays PLC lifted its stake in Quad/Graphics, Inc. (NYSE:QUAD) by 323.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,763 shares of the business services provider’s stock after purchasing an additional 32,661 shares during the quarter. Barclays PLC owned about 0.08% of Quad/Graphics worth $195,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in QUAD. SG Americas Securities LLC purchased a new stake in Quad/Graphics in the 3rd quarter valued at $54,000. FMR LLC grew its holdings in shares of Quad/Graphics by 1,103.6% in the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 20,218 shares during the period. Heron Bay Capital Management acquired a new stake in Quad/Graphics during the second quarter worth about $124,000. Cubist Systematic Strategies LLC increased its position in Quad/Graphics by 20.7% during the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after purchasing an additional 4,023 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Quad/Graphics by 61.9% during the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock worth $141,000 after purchasing an additional 11,874 shares during the period. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad/Graphics Stock Performance

NYSE:QUAD opened at $6.53 on Tuesday. Quad/Graphics, Inc. has a fifty-two week low of $4.06 and a fifty-two week high of $9.13. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The company has a 50 day moving average price of $7.38 and a 200 day moving average price of $5.87. The stock has a market capitalization of $340.34 million, a P/E ratio of -3.96 and a beta of 1.59.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. The business had revenue of $674.80 million during the quarter, compared to analyst estimates of $654.90 million. During the same period last year, the business posted $0.11 earnings per share. Equities research analysts forecast that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 3.06%. Quad/Graphics’s dividend payout ratio (DPR) is presently -12.12%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Rosenblatt Securities raised their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th. Barrington Research reissued an “outperform” rating and set a $10.00 target price on shares of Quad/Graphics in a research note on Tuesday, November 26th. Finally, StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

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.