Jane Street Group LLC Acquires 23,664 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Jane Street Group LLC increased its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 27.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 108,775 shares of the business services provider’s stock after acquiring an additional 23,664 shares during the period. Jane Street Group LLC owned about 0.21% of Quad/Graphics worth $758,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC bought a new stake in shares of Quad/Graphics during the 4th quarter worth approximately $847,000. Heartland Advisors Inc. purchased a new position in Quad/Graphics during the 4th quarter worth $2,091,000. Charles Schwab Investment Management Inc. increased its holdings in Quad/Graphics by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 83,705 shares of the business services provider’s stock worth $583,000 after purchasing an additional 2,234 shares during the period. SG Americas Securities LLC increased its holdings in Quad/Graphics by 16.1% during the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock worth $97,000 after purchasing an additional 1,922 shares during the period. Finally, Virtu Financial LLC purchased a new position in Quad/Graphics during the 4th quarter worth $116,000. 39.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

QUAD has been the topic of several research reports. Barrington Research restated an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a report on Friday, May 2nd. Wall Street Zen upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, April 2nd. Finally, Rosenblatt Securities reduced their price objective on Quad/Graphics from $10.30 to $8.90 and set a “buy” rating on the stock in a report on Thursday, May 1st.

Quad/Graphics Trading Down 1.1%

Shares of NYSE:QUAD opened at $5.20 on Monday. Quad/Graphics, Inc. has a 12-month low of $4.06 and a 12-month high of $9.13. The business’s fifty day simple moving average is $5.34 and its 200-day simple moving average is $6.40. The company has a market capitalization of $263.19 million, a PE ratio of -4.77 and a beta of 1.30. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, April 29th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.13. Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. The business had revenue of $629.40 million for the quarter, compared to the consensus estimate of $588.05 million. As a group, equities research analysts predict that Quad/Graphics, Inc. will post 1.08 earnings per share for the current fiscal year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be issued a $0.075 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.77%. Quad/Graphics’s dividend payout ratio is presently -78.95%.

Quad/Graphics 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.