Quad Graphics (NYSE:QUAD) Upgraded at Weiss Ratings

Weiss Ratings upgraded shares of Quad Graphics (NYSE:QUAD) from a sell (d) rating to a hold (c) rating in a research note released on Friday morning,Weiss Ratings reports.

A number of other analysts have also issued reports on the stock. Rosenblatt Securities dropped their price target on shares of Quad Graphics from $8.60 to $8.20 and set a “buy” rating for the company in a research note on Thursday. Zacks Research lowered shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Barrington Research restated an “outperform” rating and issued a $10.00 price target on shares of Quad Graphics in a research note on Tuesday, July 29th. Finally, Wall Street Zen lowered shares of 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 and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.10.

Quad Graphics Stock Up 1.8%

Shares of NYSE:QUAD opened at $5.51 on Friday. 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 fifty day simple moving average of $6.22 and a 200 day simple moving average of $5.85. The firm has a market cap of $277.85 million, a PE ratio of 13.43 and a beta of 1.38. Quad Graphics has a 12-month low of $4.50 and a 12-month high of $9.13.

Quad Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $588.00 million during the quarter, compared to analyst estimates of $605.45 million. Quad Graphics had a net margin of 0.82% and a return on equity of 67.10%. On average, equities research analysts anticipate that Quad Graphics will post 1.08 EPS for the current fiscal year.

Quad Graphics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Monday, November 17th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.30 annualized dividend and a dividend yield of 5.4%. Quad Graphics’s payout ratio is 73.17%.

Hedge Funds Weigh In On Quad Graphics

Hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC boosted its holdings in shares of Quad Graphics by 1,730.1% during the first quarter. CWM LLC now owns 5,106 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 4,827 shares during the period. Algert Global LLC acquired a new stake in Quad Graphics in the first quarter worth about $66,000. Nisa Investment Advisors LLC lifted its holdings in Quad Graphics by 52,512.0% in the second quarter. Nisa Investment Advisors LLC now owns 13,153 shares of the business services provider’s stock worth $74,000 after purchasing an additional 13,128 shares during the period. Evergreen Capital Management LLC acquired a new stake in Quad Graphics in the second quarter worth about $85,000. Finally, Ieq Capital LLC acquired a new stake in Quad Graphics in the first quarter worth about $92,000. Institutional investors and hedge funds own 39.52% of the company’s stock.

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.