Northwestern Mutual Investment Management Company LLC Acquires Shares of 36,151 RR Donnelley & Sons Co (RRD)

Northwestern Mutual Investment Management Company LLC acquired a new position in shares of RR Donnelley & Sons Co (NASDAQ:RRD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 36,151 shares of the business services provider’s stock, valued at approximately $612,000. Northwestern Mutual Investment Management Company LLC owned approximately 0.05% of RR Donnelley & Sons Co at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in RRD. Nisa Investment Advisors LLC raised its holdings in RR Donnelley & Sons Co by 229.8% during the second quarter. Nisa Investment Advisors LLC now owns 12,199 shares of the business services provider’s stock worth $151,000 after purchasing an additional 8,500 shares in the last quarter. Aperio Group LLC raised its holdings in RR Donnelley & Sons Co by 100.2% during the second quarter. Aperio Group LLC now owns 44,826 shares of the business services provider’s stock worth $562,000 after purchasing an additional 22,432 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in RR Donnelley & Sons Co by 171.7% during the second quarter. Russell Investments Group Ltd. now owns 199,592 shares of the business services provider’s stock worth $2,502,000 after purchasing an additional 126,135 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in RR Donnelley & Sons Co during the second quarter worth approximately $117,000. Finally, First Heartland Consultants Inc. acquired a new stake in RR Donnelley & Sons Co during the second quarter worth approximately $762,000.

Shares of RR Donnelley & Sons Co (NASDAQ:RRD) opened at 9.11 on Monday. RR Donnelley & Sons Co has a 12-month low of $8.60 and a 12-month high of $28.22. The firm’s 50-day moving average is $9.89 and its 200-day moving average is $12.15. The firm’s market cap is $637.70 million.

RR Donnelley & Sons Co (NASDAQ:RRD) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.05. The company had revenue of $1.65 billion during the quarter. Equities analysts expect that RR Donnelley & Sons Co will post $1.07 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, August 15th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 6.15%. The ex-dividend date was Friday, August 11th. RR Donnelley & Sons Co’s dividend payout ratio (DPR) is presently 196.23%.

RRD has been the topic of a number of research analyst reports. ValuEngine raised shares of RR Donnelley & Sons Co from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub cut shares of RR Donnelley & Sons Co from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th.

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RR Donnelley & Sons Co Profile

R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations.

Institutional Ownership by Quarter for RR Donnelley & Sons Co (NASDAQ:RRD)

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