GAMMA Investing LLC Boosts Stake in Quad Graphics, Inc (NYSE:QUAD)

GAMMA Investing LLC lifted its position in Quad Graphics, Inc (NYSE:QUAD) by 442.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,534 shares of the business services provider’s stock after acquiring an additional 54,259 shares during the period. GAMMA Investing LLC owned 0.13% of Quad Graphics worth $363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in QUAD. Bank of New York Mellon Corp increased its stake in shares of Quad Graphics by 171.3% in 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 acquiring an additional 185,344 shares in the last quarter. Bailard Inc. bought a new stake in Quad Graphics during the fourth quarter worth about $253,000. Charles Schwab Investment Management Inc. grew its holdings in Quad Graphics by 2.7% in 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. HighTower Advisors LLC purchased a new stake in Quad Graphics in the fourth quarter worth about $847,000. Finally, Semanteon Capital Management LP bought a new position in shares of Quad Graphics during the fourth quarter valued at approximately $249,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Stock Performance

Shares of QUAD stock opened at $5.37 on Friday. The company has a market capitalization of $271.52 million, a price-to-earnings ratio of -14.12 and a beta of 1.43. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.66 and a current ratio of 0.96. Quad Graphics, Inc has a one year low of $4.06 and a one year high of $9.13. The company’s 50-day moving average is $5.45 and its 200 day moving average is $6.17.

Quad Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, April 29th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.13. The firm had revenue of $629.40 million for the quarter, compared to the consensus estimate of $588.05 million. Quad Graphics had a negative net margin of 0.64% and a positive return on equity of 71.23%. Sell-side analysts expect 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 was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.30 annualized dividend and a yield of 5.59%. Quad Graphics’s dividend payout ratio is -78.95%.

Analysts Set New Price Targets

QUAD has been the topic of a number of analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $8.90 price target on shares of Quad Graphics in a research report on Friday, June 6th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad Graphics in a research report on Friday, May 2nd. Finally, Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, April 2nd.

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.