120,500 Shares in Quad/Graphics, Inc. (NYSE:QUAD) Purchased by Axa S.A.

Axa S.A. bought a new position in shares of Quad/Graphics, Inc. (NYSE:QUAD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 120,500 shares of the business services provider’s stock, valued at approximately $840,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its position in shares of Quad/Graphics by 16.1% during the fourth quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock valued at $97,000 after purchasing an additional 1,922 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Quad/Graphics in the 4th quarter worth about $97,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Quad/Graphics in the 4th quarter worth about $112,000. Virtu Financial LLC purchased a new position in Quad/Graphics during the 4th quarter valued at about $116,000. Finally, Wells Fargo & Company MN boosted its stake in Quad/Graphics by 60.6% during the fourth quarter. Wells Fargo & Company MN now owns 18,158 shares of the business services provider’s stock worth $127,000 after acquiring an additional 6,851 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Wall Street Analyst Weigh In

QUAD has been the subject of a number of analyst reports. StockNews.com raised shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 2nd. Barrington Research reiterated an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research note on Friday, May 2nd. Finally, Rosenblatt Securities cut their target price 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.

Quad/Graphics Trading Down 0.5 %

NYSE:QUAD opened at $5.82 on Friday. The stock has a market cap of $304.67 million, a price-to-earnings ratio of -5.34 and a beta of 1.30. 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’s 50 day moving average price is $5.32 and its 200-day moving average price is $6.44. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13.

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

Quad/Graphics Dividend Announcement

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

Quad/Graphics 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.