Quad/Graphics, Inc. (NYSE:QUAD) CFO David J. Honan sold 17,500 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $28.57, for a total value of $499,975.00. Following the transaction, the chief financial officer now directly owns 208,095 shares in the company, valued at $5,945,274.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Quad/Graphics, Inc. (NYSE QUAD) traded down $0.25 during midday trading on Wednesday, reaching $26.52. The company’s stock had a trading volume of 479,079 shares, compared to its average volume of 349,986. The stock has a market capitalization of $1,407.28, a P/E ratio of 13.00 and a beta of 1.15. Quad/Graphics, Inc. has a 1 year low of $18.16 and a 1 year high of $31.29. The company has a quick ratio of 0.89, a current ratio of 1.22 and a debt-to-equity ratio of 1.76.
Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Wednesday, February 21st. The business services provider reported $0.58 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.58. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. Quad/Graphics had a return on equity of 19.46% and a net margin of 2.59%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 19th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, March 16th. This represents a $1.20 annualized dividend and a yield of 4.52%. Quad/Graphics’s payout ratio is 58.25%.
Separately, BidaskClub downgraded Quad/Graphics from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th.
Large investors have recently made changes to their positions in the stock. Trilogy Capital Inc. bought a new stake in Quad/Graphics during the 4th quarter valued at approximately $209,000. Bailard Inc. acquired a new position in Quad/Graphics in the 4th quarter valued at approximately $1,808,000. Prudential Financial Inc. raised its holdings in Quad/Graphics by 41.5% in the 3rd quarter. Prudential Financial Inc. now owns 469,256 shares of the business services provider’s stock valued at $10,610,000 after acquiring an additional 137,680 shares in the last quarter. State Street Corp raised its holdings in Quad/Graphics by 4.4% in the 2nd quarter. State Street Corp now owns 754,353 shares of the business services provider’s stock valued at $17,293,000 after acquiring an additional 31,758 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Quad/Graphics by 12.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,096,172 shares of the business services provider’s stock valued at $24,785,000 after acquiring an additional 123,449 shares in the last quarter. Hedge funds and other institutional investors own 50.77% of the company’s stock.
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Quad/Graphics Company Profile
Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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