Quad/Graphics, Inc. (NYSE:QUAD) Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its holdings in Quad/Graphics, Inc. (NYSE:QUAD) by 50.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 254,479 shares of the business services provider’s stock after purchasing an additional 85,565 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.49% of Quad/Graphics worth $1,774,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in shares of Quad/Graphics by 16.1% during the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock worth $97,000 after purchasing an additional 1,922 shares during the last quarter. FMR LLC lifted its holdings in Quad/Graphics by 1,103.6% during the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after buying an additional 20,218 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Quad/Graphics in the fourth quarter valued at $116,000. Stifel Financial Corp raised its position in Quad/Graphics by 61.9% in the 3rd quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock valued at $141,000 after purchasing an additional 11,874 shares in the last quarter. Finally, EMC Capital Management lifted its stake in Quad/Graphics by 835.7% in the fourth quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $174,000 after acquiring an additional 22,346 shares during the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on QUAD shares. Rosenblatt Securities restated a “buy” rating and set a $10.30 target price on shares of Quad/Graphics in a research note on Tuesday, February 18th. Barrington Research reiterated an “outperform” rating and set a $10.00 target price on shares of Quad/Graphics in a research note on Friday, February 21st. Finally, StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 2nd.

Quad/Graphics Stock Down 1.8 %

QUAD opened at $4.95 on Friday. The firm has a market cap of $259.12 million, a P/E ratio of -4.54 and a beta of 1.52. Quad/Graphics, Inc. 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. The business’s fifty day simple moving average is $5.97 and its 200 day simple moving average is $6.43.

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

Quad/Graphics Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.075 per share. This is a boost from Quad/Graphics’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend was Friday, February 28th. Quad/Graphics’s payout ratio is presently -27.52%.

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.