Nuveen LLC Acquires Shares of 131,030 Quad Graphics, Inc $QUAD

Nuveen LLC purchased a new position in Quad Graphics, Inc (NYSE:QUAD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 131,030 shares of the business services provider’s stock, valued at approximately $714,000. Nuveen LLC owned about 0.25% of Quad Graphics at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QUAD. Price T Rowe Associates Inc. MD lifted its position in Quad Graphics by 4.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider’s stock worth $260,000 after buying an additional 1,629 shares in the last quarter. CWM LLC lifted its position in Quad Graphics by 1,730.1% during the first quarter. CWM LLC now owns 5,106 shares of the business services provider’s stock worth $28,000 after buying an additional 4,827 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Quad Graphics by 6.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 88,705 shares of the business services provider’s stock worth $483,000 after buying an additional 5,000 shares in the last quarter. Barclays PLC raised its position in Quad Graphics by 12.4% in the fourth quarter. Barclays PLC now owns 48,064 shares of the business services provider’s stock valued at $335,000 after purchasing an additional 5,301 shares during the period. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of Quad Graphics by 17.0% in the 4th quarter. Cubist Systematic Strategies LLC now owns 46,267 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 6,708 shares during the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price target on shares of Quad Graphics in a research note on Tuesday, July 29th. Rosenblatt Securities decreased their price target on Quad Graphics from $8.90 to $8.60 and set a “buy” rating on the stock in a research note on Thursday, July 31st. Finally, Wall Street Zen lowered Quad Graphics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $9.30.

Quad Graphics Price Performance

QUAD stock opened at $6.45 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 4.85. The company has a market capitalization of $325.28 million, a PE ratio of -20.14 and a beta of 1.44. Quad Graphics, Inc has a 12-month low of $4.13 and a 12-month high of $9.13. The business’s fifty day moving average price is $5.98 and its 200 day moving average price is $5.71.

Quad Graphics (NYSE:QUAD) last released its earnings results on Tuesday, July 29th. The business services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Quad Graphics had a positive return on equity of 70.06% and a negative net margin of 0.55%.The firm had revenue of $571.90 million during the quarter, compared to analysts’ expectations of $555.05 million. On average, sell-side analysts anticipate that Quad Graphics, Inc will post 1.08 EPS for the current year.

Quad Graphics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 18th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Monday, August 18th. Quad Graphics’s payout ratio is presently -93.75%.

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.