Quad/Graphics (NYSE:QUAD) Downgraded by StockNews.com

StockNews.com lowered shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a report issued on Tuesday.

Other research analysts also recently issued research reports about the company. TheStreet upgraded Quad/Graphics from a d+ rating to a c rating in a report on Wednesday, February 14th. Barrington Research raised their price target on Quad/Graphics from $8.00 to $8.50 and gave the stock an outperform rating in a research note on Friday, May 3rd.

Quad/Graphics Stock Down 0.7 %

QUAD opened at $4.51 on Tuesday. The company has a market cap of $235.78 million, a P/E ratio of -3.61 and a beta of 1.65. Quad/Graphics has a 12 month low of $2.77 and a 12 month high of $6.75. The business’s 50-day moving average price is $5.04 and its 200-day moving average price is $5.12. The company has a current ratio of 0.87, a quick ratio of 0.58 and a debt-to-equity ratio of 5.38.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.10. Quad/Graphics had a positive return on equity of 18.67% and a negative net margin of 2.07%. The business had revenue of $787.90 million for the quarter, compared to analysts’ expectations of $758.40 million. During the same period in the previous year, the firm earned $0.41 EPS. On average, equities analysts expect that Quad/Graphics will post 0.74 EPS for the current year.

Quad/Graphics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Wednesday, May 22nd will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, May 21st. This represents a $0.20 annualized dividend and a dividend yield of 4.43%. Quad/Graphics’s payout ratio is -16.00%.

Institutional Investors Weigh In On Quad/Graphics

Several hedge funds have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Quad/Graphics during the 3rd quarter valued at about $69,000. Mackenzie Financial Corp bought a new stake in shares of Quad/Graphics during the fourth quarter valued at approximately $72,000. SG Americas Securities LLC purchased a new position in Quad/Graphics in the 3rd quarter worth approximately $76,000. Brandywine Global Investment Management LLC lifted its position in Quad/Graphics by 17.9% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 17,850 shares of the business services provider’s stock valued at $90,000 after acquiring an additional 2,710 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Quad/Graphics by 258.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 20,574 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 14,829 shares during the last quarter. 39.52% of the stock is owned by institutional investors.

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.