American Century Companies Inc. Boosts Holdings in Quad Graphics, Inc $QUAD

American Century Companies Inc. increased its holdings in Quad Graphics, Inc (NYSE:QUAD) by 24.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,209 shares of the business services provider’s stock after buying an additional 13,601 shares during the quarter. American Century Companies Inc. owned 0.13% of Quad Graphics worth $372,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in Quad Graphics by 4.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider’s stock worth $260,000 after acquiring an additional 1,629 shares during the period. CWM LLC raised its stake in Quad Graphics by 1,730.1% during the 1st quarter. CWM LLC now owns 5,106 shares of the business services provider’s stock worth $28,000 after acquiring an additional 4,827 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Quad Graphics by 6.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 88,705 shares of the business services provider’s stock worth $483,000 after acquiring an additional 5,000 shares during the period. Barclays PLC raised its stake in Quad Graphics by 12.4% during the 4th quarter. Barclays PLC now owns 48,064 shares of the business services provider’s stock worth $335,000 after acquiring an additional 5,301 shares during the period. Finally, Brandywine Global Investment Management LLC raised its stake in Quad Graphics by 28.4% during the 1st quarter. Brandywine Global Investment Management LLC now owns 29,630 shares of the business services provider’s stock worth $161,000 after acquiring an additional 6,550 shares during the period. Institutional investors own 39.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on QUAD shares. Wall Street Zen cut shares of Quad Graphics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 2nd. Barrington Research restated an “outperform” rating and set a $10.00 target price on shares of Quad Graphics in a research note on Tuesday, July 29th. Finally, Rosenblatt Securities reduced their price objective on shares of Quad Graphics from $8.90 to $8.60 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $9.30.

Quad Graphics Trading Down 0.3%

QUAD stock opened at $6.63 on Friday. The firm has a fifty day moving average price of $6.02 and a 200 day moving average price of $5.68. Quad Graphics, Inc has a fifty-two week low of $4.13 and a fifty-two week high of $9.13. The company has a debt-to-equity ratio of 4.85, a quick ratio of 0.64 and a current ratio of 0.92. The firm has a market cap of $334.57 million, a PE ratio of -20.72 and a beta of 1.44.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings data 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. The company had revenue of $571.90 million during the quarter, compared to analyst estimates of $555.05 million. Quad Graphics had a negative net margin of 0.55% and a positive return on equity of 70.06%. Sell-side analysts anticipate that Quad Graphics, Inc will post 1.08 earnings per share for the current fiscal year.

Quad Graphics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were issued a $0.075 dividend. The ex-dividend date was Monday, August 18th. This represents a $0.30 dividend on an annualized basis and a yield of 4.5%. Quad Graphics’s payout ratio is currently -93.75%.

About Quad Graphics

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.