Virtu Financial LLC Makes New Investment in Quad/Graphics, Inc. (NYSE:QUAD)

Virtu Financial LLC acquired a new position in shares of Quad/Graphics, Inc. (NYSE:QUAD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,664 shares of the business services provider’s stock, valued at approximately $116,000.

A number of other hedge funds have also bought and sold shares of the company. FMR LLC grew its holdings in Quad/Graphics by 1,103.6% during the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after acquiring an additional 20,218 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Quad/Graphics by 450.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock valued at $214,000 after purchasing an additional 38,588 shares in the last quarter. Martingale Asset Management L P grew its position in shares of Quad/Graphics by 5.4% during the 3rd quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider’s stock worth $425,000 after buying an additional 4,808 shares during the period. Stifel Financial Corp grew its holdings in Quad/Graphics by 61.9% in the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock worth $141,000 after purchasing an additional 11,874 shares during the period. Finally, State Street Corp grew its stake in shares of Quad/Graphics by 2.0% in the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after buying an additional 10,431 shares during the period. Institutional investors own 39.52% of the company’s stock.

Quad/Graphics Trading Down 1.2 %

Shares of Quad/Graphics stock opened at $5.41 on Monday. The stock has a fifty day moving average price of $6.37 and a 200-day moving average price of $6.41. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. The firm has a market cap of $283.41 million, a PE ratio of -4.97 and a beta of 1.76. Quad/Graphics, Inc. has a 1 year low of $4.06 and a 1 year high of $9.13.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. The company had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Equities research analysts anticipate that Quad/Graphics, Inc. will post 1.08 EPS for the current year.

Quad/Graphics Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.075 dividend. This is an increase from Quad/Graphics’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 28th. This represents a $0.30 annualized dividend and a yield of 5.54%. Quad/Graphics’s dividend payout ratio is presently -27.52%.

Analyst Ratings Changes

Several research firms recently issued reports on QUAD. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 20th. Rosenblatt Securities reiterated a “buy” rating and set a $10.30 price target on shares of Quad/Graphics in a research note on Tuesday, February 18th. Finally, Barrington Research reissued an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Friday, February 21st.

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.