Quad/Graphics (QUAD) Trading Down 8%

Quad/Graphics, Inc. (NYSE:QUAD) was down 8% on Thursday . The company traded as low as $11.52 and last traded at $11.56. Approximately 514,223 shares were traded during trading, an increase of 47% from the average daily volume of 350,673 shares. The stock had previously closed at $12.57.

A number of equities research analysts have recently weighed in on QUAD shares. Zacks Investment Research lowered shares of Quad/Graphics from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 2nd. ValuEngine cut shares of Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Friday, January 4th. Finally, TheStreet cut shares of Quad/Graphics from a “b-” rating to a “c+” rating in a research report on Thursday, January 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $28.50.

The stock has a market cap of $638.22 million, a PE ratio of 6.46 and a beta of 1.62. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.76 and a current ratio of 1.11.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, February 19th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.06). Quad/Graphics had a net margin of 0.20% and a return on equity of 18.03%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period last year, the business earned $0.57 earnings per share. The company’s revenue was up 1.5% on a year-over-year basis. On average, analysts anticipate that Quad/Graphics, Inc. will post 1.19 EPS for the current year.

In other Quad/Graphics news, insider Eric N. Ashworth sold 15,000 shares of Quad/Graphics stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $13.14, for a total value of $197,100.00. Following the completion of the transaction, the insider now directly owns 120,345 shares of the company’s stock, valued at $1,581,333.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.70% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the business. UBS Oconnor LLC purchased a new position in Quad/Graphics in the fourth quarter worth about $1,459,000. AQR Capital Management LLC raised its holdings in Quad/Graphics by 208.6% in the third quarter. AQR Capital Management LLC now owns 123,008 shares of the business services provider’s stock worth $2,563,000 after buying an additional 83,149 shares during the last quarter. Strs Ohio raised its holdings in Quad/Graphics by 27.4% in the fourth quarter. Strs Ohio now owns 46,900 shares of the business services provider’s stock worth $577,000 after buying an additional 10,100 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in Quad/Graphics by 1.2% in the fourth quarter. Advisors Asset Management Inc. now owns 783,588 shares of the business services provider’s stock worth $9,654,000 after buying an additional 9,179 shares during the last quarter. Finally, Water Island Capital LLC purchased a new position in Quad/Graphics in the fourth quarter worth about $2,378,000. 56.64% of the stock is owned by institutional investors and hedge funds.

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Quad/Graphics Company Profile (NYSE:QUAD)

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, books, 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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