Quad/Graphics (NYSE:QUAD) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a report published on Thursday morning.

A number of other brokerages also recently issued reports on QUAD. Barrington Research reiterated an “outperform” rating and issued a $10.00 price target on shares of Quad/Graphics in a report on Friday, February 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $10.30 target price on shares of Quad/Graphics in a research note on Tuesday, February 18th.

Quad/Graphics Stock Down 3.8 %

NYSE:QUAD opened at $5.51 on Thursday. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. Quad/Graphics has a 1-year low of $4.06 and a 1-year high of $9.13. The company has a 50-day moving average of $6.50 and a 200 day moving average of $6.34. The firm has a market cap of $288.18 million, a PE ratio of -5.05 and a beta of 1.76.

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

Quad/Graphics Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from Quad/Graphics’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.45%. Quad/Graphics’s dividend payout ratio is presently -27.52%.

Institutional Trading of Quad/Graphics

A number of institutional investors have recently made changes to their positions in the business. Inspire Investing LLC acquired a new position in Quad/Graphics during the 4th quarter valued at about $1,150,000. State Street Corp grew its stake in shares of Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after acquiring an additional 10,431 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Quad/Graphics by 2.3% during the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after acquiring an additional 15,220 shares in the last quarter. FMR LLC raised its position in shares of Quad/Graphics by 1,103.6% in the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 20,218 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Quad/Graphics by 450.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock worth $214,000 after purchasing an additional 38,588 shares in the last quarter. Institutional investors and hedge funds own 39.52% of the company’s stock.

Quad/Graphics Company 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.