Quad/Graphics, Inc. (NYSE:QUAD) Holdings Lifted by Northern Trust Corp

Northern Trust Corp increased its position in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 259,433 shares of the business services provider’s stock after acquiring an additional 10,300 shares during the period. Northern Trust Corp owned approximately 0.50% of Quad/Graphics worth $1,808,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. HighTower Advisors LLC acquired a new stake in shares of Quad/Graphics during the 4th quarter valued at $847,000. Heartland Advisors Inc. acquired a new stake in shares of Quad/Graphics during the fourth quarter worth $2,091,000. Charles Schwab Investment Management Inc. raised its position in shares of Quad/Graphics by 2.7% during the fourth 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 lifted its holdings in shares of Quad/Graphics by 16.1% during the fourth quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock valued at $97,000 after purchasing an additional 1,922 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Quad/Graphics during the fourth quarter valued at $116,000. 39.52% of the stock is currently owned by institutional investors.

Quad/Graphics Price Performance

QUAD opened at $5.20 on Tuesday. The firm has a market capitalization of $263.19 million, a P/E ratio of -4.77 and a beta of 1.30. The stock has a fifty day moving average of $5.33 and a 200-day moving average of $6.38. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics, Inc. has a 12-month low of $4.06 and a 12-month high of $9.13.

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

Quad/Graphics Dividend Announcement

The firm also recently announced 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 -78.95%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Rosenblatt Securities dropped their price target on Quad/Graphics from $10.30 to $8.90 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Barrington Research reiterated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a report on Friday, May 2nd. Finally, Wall Street Zen upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, April 2nd.

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.