Quad Graphics, Inc $QUAD Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its position in Quad Graphics, Inc (NYSE:QUAD) by 33.0% during the first quarter, Holdings Channel reports. The firm owned 310,151 shares of the business services provider’s stock after selling 152,747 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Quad Graphics were worth $2,050,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Hillsdale Investment Management Inc. raised its holdings in shares of Quad Graphics by 192.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 152,297 shares of the business services provider’s stock valued at $955,000 after buying an additional 100,197 shares during the period. Ritholtz Wealth Management boosted its holdings in Quad Graphics by 50.4% during the 1st quarter. Ritholtz Wealth Management now owns 267,064 shares of the business services provider’s stock valued at $1,765,000 after acquiring an additional 89,505 shares during the period. Inspire Investing LLC acquired a new position in Quad Graphics in the 1st quarter valued at about $1,672,000. Miller Value Partners LLC grew its position in Quad Graphics by 4.4% in the 4th quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider’s stock valued at $17,167,000 after acquiring an additional 114,415 shares in the last quarter. Finally, Baron Wealth Management LLC purchased a new stake in Quad Graphics during the first quarter worth about $145,000. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad Graphics Trading Down 3.2%

NYSE:QUAD opened at $10.50 on Wednesday. The firm has a market cap of $541.48 million, a PE ratio of 16.67 and a beta of 1.11. The stock has a fifty day moving average price of $8.22 and a 200 day moving average price of $7.35. Quad Graphics, Inc has a 12-month low of $5.12 and a 12-month high of $11.15. The company has a current ratio of 0.87, a quick ratio of 0.60 and a debt-to-equity ratio of 2.81.

Quad Graphics (NYSE:QUAD) last released its earnings results on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, topping the consensus estimate of $0.20 by $0.04. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%.The firm had revenue of $577.50 million during the quarter, compared to analysts’ expectations of $545.15 million. Sell-side analysts anticipate that Quad Graphics, Inc will post 1.27 earnings per share for the current fiscal year.

Quad Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 17th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.8%. Quad Graphics’s payout ratio is currently 63.49%.

Analysts Set New Price Targets

Several analysts have recently issued reports on QUAD shares. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Friday, July 24th. Rosenblatt Securities lifted their price objective on shares of Quad Graphics from $9.80 to $13.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Benchmark upped their target price on shares of Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $12.00.

Quad Graphics Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.