Quad/Graphics, Inc. (NYSE:QUAD) Shares Bought by Barclays PLC

Barclays PLC grew its position in Quad/Graphics, Inc. (NYSE:QUAD) by 323.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,763 shares of the business services provider’s stock after purchasing an additional 32,661 shares during the quarter. Barclays PLC’s holdings in Quad/Graphics were worth $195,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Cubist Systematic Strategies LLC increased its holdings in Quad/Graphics by 20.7% in 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. Martingale Asset Management L P increased its holdings in shares of Quad/Graphics by 5.4% in the 3rd quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider’s stock valued at $425,000 after acquiring an additional 4,808 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of Quad/Graphics by 3.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock worth $1,058,000 after acquiring an additional 7,914 shares in the last quarter. PFG Investments LLC lifted its stake in Quad/Graphics by 17.3% during the third quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock worth $278,000 after purchasing an additional 9,025 shares during the last quarter. Finally, State Street Corp boosted its holdings in Quad/Graphics by 2.0% in the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after purchasing an additional 10,431 shares in the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on QUAD shares. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Saturday. Rosenblatt Securities upped their price objective on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a report on Tuesday, November 26th.

Quad/Graphics Price Performance

QUAD stock opened at $6.53 on Tuesday. The business has a 50 day simple moving average of $7.38 and a 200-day simple moving average of $5.87. The company has a market capitalization of $340.34 million, a P/E ratio of -3.96 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. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The company had revenue of $674.80 million for the quarter, compared to the consensus estimate of $654.90 million. During the same period last year, the firm posted $0.11 EPS. As a group, equities analysts anticipate that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 3.06%. Quad/Graphics’s payout ratio is -12.12%.

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.