Quad/Graphics, Inc. (NYSE:QUAD) Stock Position Lifted by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in Quad/Graphics, Inc. (NYSE:QUAD) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 669,036 shares of the business services provider’s stock after acquiring an additional 15,220 shares during the quarter. Geode Capital Management LLC’s holdings in Quad/Graphics were worth $3,038,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in QUAD. SG Americas Securities LLC bought a new position in Quad/Graphics during the third quarter worth $54,000. FMR LLC raised its holdings 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 worth $100,000 after purchasing an additional 20,218 shares during the period. Heron Bay Capital Management bought a new position in shares of Quad/Graphics in the 2nd quarter worth about $124,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Quad/Graphics by 20.7% in the 2nd 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 period. Finally, Stifel Financial Corp grew its position in shares of Quad/Graphics by 61.9% during the 3rd 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. 39.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

QUAD has been the subject of a number of research reports. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research note on Tuesday, November 26th. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Rosenblatt Securities increased their target price on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research report on Monday, November 25th.

Quad/Graphics Price Performance

NYSE QUAD opened at $6.53 on Tuesday. The company has a 50-day moving average price of $7.38 and a two-hundred day moving average price of $5.87. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13. The stock has a market cap of $340.34 million, a price-to-earnings ratio of -3.96 and a beta of 1.59. 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 posted its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating the consensus estimate of $0.20 by $0.06. The firm had revenue of $674.80 million for the quarter, compared to analysts’ expectations 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 period last year, the firm earned $0.11 EPS. Analysts forecast that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Announces Dividend

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

Quad/Graphics 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.