Axa S.A. Invests $840,000 in Quad/Graphics, Inc. (NYSE:QUAD)

Axa S.A. acquired a new position in shares of Quad/Graphics, Inc. (NYSE:QUAD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 120,500 shares of the business services provider’s stock, valued at approximately $840,000. Axa S.A. owned about 0.23% of Quad/Graphics as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in Quad/Graphics by 323.3% during the third quarter. Barclays PLC now owns 42,763 shares of the business services provider’s stock worth $195,000 after purchasing an additional 32,661 shares during the last quarter. SG Americas Securities LLC lifted its position in Quad/Graphics by 16.1% in the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock worth $97,000 after buying an additional 1,922 shares during the last quarter. Inspire Investing LLC purchased a new stake in Quad/Graphics in the fourth quarter worth approximately $1,150,000. Exchange Traded Concepts LLC grew its position in Quad/Graphics by 7.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 250,262 shares of the business services provider’s stock valued at $1,744,000 after acquiring an additional 17,263 shares during the last quarter. Finally, PFG Investments LLC raised its stake in shares of Quad/Graphics by 24.2% during the fourth quarter. PFG Investments LLC now owns 76,053 shares of the business services provider’s stock worth $530,000 after acquiring an additional 14,800 shares in the last quarter. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad/Graphics Trading Down 0.5 %

NYSE:QUAD opened at $5.82 on Friday. The firm has a market capitalization of $304.67 million, a P/E ratio of -5.34 and a beta of 1.30. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The company has a fifty day moving average of $5.32 and a 200 day moving average of $6.44.

Quad/Graphics (NYSE:QUAD) last posted its earnings results on Tuesday, April 29th. The business services provider reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.13. The company had revenue of $629.40 million during the quarter, compared to analyst estimates of $588.05 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. On average, research analysts predict that Quad/Graphics, Inc. will post 1.08 earnings per share for the current year.

Quad/Graphics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend is Thursday, May 22nd. Quad/Graphics’s payout ratio is -78.95%.

Analysts Set New Price Targets

Several equities analysts recently commented on QUAD shares. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, April 2nd. Rosenblatt Securities reduced their price objective on Quad/Graphics from $10.30 to $8.90 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Finally, Barrington Research reissued an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research note on Friday, May 2nd.

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.