EAM Investors LLC purchased a new stake in Quad/Graphics, Inc. (NYSE:QUAD – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 117,544 shares of the business services provider’s stock, valued at approximately $819,000.
A number of other large investors have also recently bought and sold shares of the business. SG Americas Securities LLC increased its stake in Quad/Graphics by 16.1% in the fourth quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock valued at $97,000 after purchasing an additional 1,922 shares during the period. FMR LLC grew its holdings 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 worth $100,000 after buying an additional 20,218 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Quad/Graphics in the 4th quarter valued at about $112,000. Virtu Financial LLC purchased a new stake in Quad/Graphics during the 4th quarter valued at approximately $116,000. Finally, Wells Fargo & Company MN lifted its position in Quad/Graphics by 60.6% during the 4th quarter. Wells Fargo & Company MN now owns 18,158 shares of the business services provider’s stock worth $127,000 after acquiring an additional 6,851 shares during the period. Institutional investors and hedge funds own 39.52% of the company’s stock.
Quad/Graphics Price Performance
Shares of NYSE:QUAD opened at $5.14 on Thursday. 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 company has a 50-day moving average price of $5.82 and a 200 day moving average price of $6.44. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a market cap of $269.07 million, a P/E ratio of -4.72 and a beta of 1.52.
Quad/Graphics Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Friday, February 28th. 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 5.84%. Quad/Graphics’s dividend payout ratio is -27.52%.
Wall Street Analyst Weigh In
QUAD has been the topic of a number of recent research reports. Barrington Research reissued an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a report on Friday, February 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $10.30 price objective on shares of Quad/Graphics in a research report on Tuesday, February 18th. 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.
View Our Latest Stock Analysis on Quad/Graphics
Quad/Graphics 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.
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