Jane Street Group LLC Buys 41,786 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Jane Street Group LLC grew its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 96.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 85,111 shares of the business services provider’s stock after buying an additional 41,786 shares during the period. Jane Street Group LLC’s holdings in Quad/Graphics were worth $386,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of Quad/Graphics during the third quarter valued at approximately $54,000. FMR LLC grew its stake 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 valued at $100,000 after buying an additional 20,218 shares during the last quarter. Heron Bay Capital Management bought a new position in shares of Quad/Graphics during the second quarter valued at approximately $124,000. Cubist Systematic Strategies LLC grew its stake in shares of 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 buying an additional 4,023 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Quad/Graphics by 61.9% during the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock valued at $141,000 after buying an additional 11,874 shares during the last quarter. Institutional investors own 39.52% of the company’s stock.

Quad/Graphics Stock Up 2.0 %

Quad/Graphics stock opened at $6.49 on Thursday. The business has a fifty day moving average of $7.39 and a two-hundred day moving average of $5.88. 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 firm has a market cap of $338.25 million, a P/E ratio of -3.93 and a beta of 1.59. Quad/Graphics, Inc. has a twelve month low of $4.06 and a twelve month high of $9.13.

Quad/Graphics (NYSE:QUAD) last posted its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $674.80 million during the quarter, compared to analyst estimates of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same quarter in the prior year, the business earned $0.11 earnings per share. On average, analysts forecast that Quad/Graphics, Inc. will post 0.84 earnings per share for the current fiscal year.

Quad/Graphics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 3.08%. Quad/Graphics’s dividend payout ratio is presently -12.12%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on QUAD. Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Quad/Graphics in a report on Tuesday, November 26th. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 4th. Finally, Rosenblatt Securities boosted their price target on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday, November 25th.

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.