Quad/Graphics, Inc. (NYSE:QUAD) Director Douglas P. Buth sold 2,500 shares of Quad/Graphics stock in a transaction on Monday, February 26th. The shares were sold at an average price of $31.02, for a total transaction of $77,550.00. Following the completion of the transaction, the director now directly owns 60,092 shares of the company’s stock, valued at approximately $1,864,053.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Quad/Graphics, Inc. (NYSE QUAD) traded down $0.25 on Wednesday, reaching $26.52. 479,079 shares of the company traded hands, compared to its average volume of 349,986. Quad/Graphics, Inc. has a 1 year low of $18.16 and a 1 year high of $31.29. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.89 and a current ratio of 1.22. The stock has a market cap of $1,407.28, a P/E ratio of 13.00 and a beta of 1.15.
Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Wednesday, February 21st. The business services provider reported $0.58 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.58. Quad/Graphics had a net margin of 2.59% and a return on equity of 19.46%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the firm posted $0.73 EPS. The company’s quarterly revenue was down 2.8% compared to the same quarter last year.
The firm also recently declared 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. This represents a $1.20 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Friday, March 16th. Quad/Graphics’s dividend payout ratio is currently 58.25%.
A number of large investors have recently modified their holdings of QUAD. Dimensional Fund Advisors LP raised its position in Quad/Graphics by 12.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,096,172 shares of the business services provider’s stock worth $24,785,000 after buying an additional 123,449 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Quad/Graphics by 5.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,019,151 shares of the business services provider’s stock valued at $23,043,000 after purchasing an additional 52,353 shares in the last quarter. LSV Asset Management increased its holdings in shares of Quad/Graphics by 31.4% in the 4th quarter. LSV Asset Management now owns 913,896 shares of the business services provider’s stock valued at $20,654,000 after purchasing an additional 218,543 shares in the last quarter. State Street Corp increased its holdings in Quad/Graphics by 4.4% during 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, Robeco Institutional Asset Management B.V. increased its holdings in Quad/Graphics by 16.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 532,107 shares of the business services provider’s stock valued at $12,024,000 after acquiring an additional 74,173 shares in the last quarter. Hedge funds and other institutional investors own 50.77% of the company’s stock.
Separately, BidaskClub lowered shares of Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th.
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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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