Deutsche Bank AG Purchases 12,568 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Deutsche Bank AG lifted its position in Quad/Graphics, Inc. (NYSE:QUAD) by 93.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,053 shares of the business services provider’s stock after acquiring an additional 12,568 shares during the quarter. Deutsche Bank AG’s holdings in Quad/Graphics were worth $182,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Miller Value Partners LLC increased its holdings in Quad/Graphics by 33.7% during the fourth quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider’s stock worth $17,551,000 after buying an additional 634,315 shares during the last quarter. Heartland Advisors Inc. bought a new position in shares of Quad/Graphics during the 4th quarter valued at approximately $2,091,000. Bank of New York Mellon Corp increased its stake in shares of Quad/Graphics by 171.3% during the 4th quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider’s stock worth $2,046,000 after purchasing an additional 185,344 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of Quad/Graphics in the 4th quarter worth approximately $847,000. Finally, AXA S.A. bought a new stake in shares of Quad/Graphics in the 4th quarter worth approximately $840,000. Institutional investors own 39.52% of the company’s stock.

Analyst Ratings Changes

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

Quad/Graphics Price Performance

Shares of NYSE:QUAD opened at $5.76 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The firm has a market capitalization of $291.53 million, a PE ratio of -5.28 and a beta of 1.30. Quad/Graphics, Inc. has a twelve month low of $4.06 and a twelve month high of $9.13. The company has a 50-day moving average price of $5.36 and a two-hundred day moving average price of $6.33.

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

Quad/Graphics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.075 per share. The ex-dividend date is Thursday, May 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 5.21%. Quad/Graphics’s dividend payout ratio is presently -78.95%.

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.