Quad/Graphics (NYSE:QUAD – Get Free Report) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Wednesday.
Other equities research analysts also recently issued reports about the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $10.30 target price on shares of Quad/Graphics in a report on Tuesday, February 18th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research note on Friday, February 21st.
Check Out Our Latest Report on Quad/Graphics
Quad/Graphics Stock Up 1.7 %
Quad/Graphics (NYSE:QUAD – Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The company had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Equities research analysts expect that Quad/Graphics will post 1.08 earnings per share for the current fiscal year.
Institutional Trading of Quad/Graphics
Hedge funds and other institutional investors have recently modified their holdings of the business. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Quad/Graphics in the 4th quarter worth about $545,000. PharVision Advisers LLC acquired a new position in shares of Quad/Graphics in the 4th quarter valued at about $732,000. Two Sigma Investments LP increased its holdings in shares of Quad/Graphics by 15.5% in the 4th quarter. Two Sigma Investments LP now owns 148,470 shares of the business services provider’s stock valued at $1,035,000 after purchasing an additional 19,894 shares during the period. Man Group plc purchased a new stake in shares of Quad/Graphics in the fourth quarter worth approximately $265,000. Finally, Numerai GP LLC acquired a new stake in shares of Quad/Graphics during the fourth quarter worth approximately $173,000. Institutional investors and hedge funds own 39.52% of the company’s stock.
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.
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