Quad/Graphics, Inc. (NYSE:QUAD) Shares Purchased by PFG Investments LLC

PFG Investments LLC increased its position in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 33.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,228 shares of the business services provider’s stock after acquiring an additional 13,075 shares during the quarter. PFG Investments LLC’s holdings in Quad/Graphics were worth $285,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in Quad/Graphics during the second quarter worth approximately $68,000. Quadrature Capital Ltd acquired a new stake in Quad/Graphics during the first quarter worth approximately $104,000. EMC Capital Management boosted its position in Quad/Graphics by 11.7% during the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after acquiring an additional 2,623 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Quad/Graphics by 8,613.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock valued at $154,000 after purchasing an additional 27,907 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Quad/Graphics by 271.2% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 32,175 shares of the business services provider’s stock valued at $175,000 after purchasing an additional 23,507 shares during the last quarter. Institutional investors and hedge funds own 39.52% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on QUAD. Rosenblatt Securities lifted their price target on shares of Quad/Graphics from $7.50 to $7.60 and gave the company a “buy” rating in a report on Thursday, August 1st. Barrington Research reiterated an “outperform” rating and issued a $8.50 price target on shares of Quad/Graphics in a report on Friday, August 2nd. Finally, StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 16th.

Quad/Graphics Stock Performance

Shares of QUAD stock opened at $4.36 on Friday. The company’s fifty day simple moving average is $4.99 and its 200-day simple moving average is $5.03. Quad/Graphics, Inc. has a 52 week low of $3.96 and a 52 week high of $6.75. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 5.83. The company has a market cap of $227.42 million, a PE ratio of -3.50 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, July 30th. The business services provider reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Quad/Graphics had a negative net margin of 2.00% and a positive return on equity of 26.62%. The business had revenue of $634.20 million for the quarter, compared to the consensus estimate of $645.70 million. During the same quarter last year, the firm posted $0.02 EPS. As a group, equities research analysts anticipate that Quad/Graphics, Inc. will post 0.76 EPS for the current year.

Quad/Graphics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 19th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 4.59%. The ex-dividend date was Monday, August 19th. Quad/Graphics’s dividend payout ratio (DPR) is -16.00%.

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.