Quad/Graphics (NYSE:QUAD) Upgraded at StockNews.com

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a research report sent to investors on Thursday.

Other equities research analysts have also issued research reports about the stock. Rosenblatt Securities reissued a “buy” rating and issued a $10.30 price target on shares of Quad/Graphics in a report on Tuesday, February 18th. Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of Quad/Graphics in a report on Friday, February 21st.

Quad/Graphics Price Performance

Shares of NYSE:QUAD opened at $5.50 on Thursday. The stock has a market cap of $287.65 million, a PE ratio of -5.04 and a beta of 1.76. The company’s fifty day moving average is $6.48 and its 200 day moving average is $6.36. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). The firm had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. Research analysts anticipate that Quad/Graphics will post 1.08 earnings per share for the current year.

Quad/Graphics Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.30 annualized dividend and a dividend yield of 5.46%. This is a boost from Quad/Graphics’s previous quarterly dividend of $0.05. Quad/Graphics’s payout ratio is currently -27.52%.

Hedge Funds Weigh In On Quad/Graphics

Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC increased its position in shares of Quad/Graphics by 16.1% during the fourth quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock valued at $97,000 after buying an additional 1,922 shares during the period. Marshall Wace LLP purchased a new position in shares of Quad/Graphics during the fourth quarter valued at about $97,000. FMR LLC increased its position in shares of Quad/Graphics by 1,103.6% during the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after buying an additional 20,218 shares during the period. Corton Capital Inc. purchased a new position in shares of Quad/Graphics during the fourth quarter valued at about $103,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Quad/Graphics during the fourth quarter valued at about $112,000. Hedge funds and other institutional investors 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.