Quad/Graphics (NYSE:QUAD) Given “Outperform” Rating at Barrington Research

Barrington Research restated their outperform rating on shares of Quad/Graphics (NYSE:QUAD) in a report published on Friday, Benzinga reports. Barrington Research currently has a $8.50 target price on the business services provider’s stock.

QUAD has been the topic of a number of other research reports. StockNews.com raised Quad/Graphics from a buy rating to a strong-buy rating in a research report on Tuesday, July 16th. Rosenblatt Securities lifted their target price on Quad/Graphics from $7.50 to $7.60 and gave the company a buy rating in a research note on Thursday, August 1st.

Quad/Graphics Price Performance

QUAD stock opened at $4.46 on Friday. The firm has a 50-day moving average of $4.83 and a two-hundred day moving average of $4.98. The firm has a market capitalization of $232.63 million, a PE ratio of -3.57 and a beta of 1.60. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 5.83. Quad/Graphics has a one year low of $3.96 and a one year high of $6.75.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.12 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $645.70 million. During the same quarter in the prior year, the firm earned $0.02 EPS. On average, analysts forecast that Quad/Graphics will post 0.76 earnings per share for the current year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 19th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend was Monday, August 19th. Quad/Graphics’s dividend payout ratio (DPR) is presently -16.00%.

Institutional Trading of Quad/Graphics

A number of institutional investors have recently bought and sold shares of QUAD. Cubist Systematic Strategies LLC raised its position in Quad/Graphics by 20.7% during the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after acquiring an additional 4,023 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Quad/Graphics during the 2nd quarter worth $408,000. Heron Bay Capital Management bought a new position in shares of Quad/Graphics during the 2nd quarter valued at $124,000. Inspire Investing LLC bought a new position in shares of Quad/Graphics during the 2nd quarter valued at $850,000. Finally, Renaissance Technologies LLC lifted its stake in shares of Quad/Graphics by 1.7% in the 2nd quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock valued at $4,236,000 after purchasing an additional 13,200 shares during the last quarter. Institutional investors and hedge funds own 39.52% of the company’s stock.

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.