155,994 Shares in Quad/Graphics, Inc. (NYSE:QUAD) Purchased by Inspire Investing LLC

Inspire Investing LLC acquired a new stake in shares of Quad/Graphics, Inc. (NYSE:QUAD) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 155,994 shares of the business services provider’s stock, valued at approximately $850,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in QUAD. GAMMA Investing LLC acquired a new stake in shares of Quad/Graphics during the second quarter valued at approximately $68,000. Quadrature Capital Ltd acquired a new stake in Quad/Graphics during the 1st quarter valued at $104,000. EMC Capital Management lifted its holdings in shares of Quad/Graphics by 11.7% in the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock valued at $133,000 after purchasing an additional 2,623 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Quad/Graphics by 8,613.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock valued at $154,000 after buying an additional 27,907 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in Quad/Graphics by 271.2% during the second quarter. Harbor Capital Advisors Inc. now owns 32,175 shares of the business services provider’s stock valued at $175,000 after buying an additional 23,507 shares during the period. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on QUAD. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 16th. Barrington Research reiterated an “outperform” rating and issued a $8.50 price objective on shares of Quad/Graphics in a research note on Friday. Finally, Rosenblatt Securities boosted their price target on shares of Quad/Graphics from $7.50 to $7.60 and gave the company a “buy” rating in a report on Thursday, August 1st.

Quad/Graphics Trading Up 2.1 %

Shares of NYSE:QUAD opened at $4.46 on Friday. Quad/Graphics, Inc. has a 1 year low of $3.96 and a 1 year high of $6.75. The firm has a fifty day moving average price of $4.83 and a 200 day moving average price of $4.98. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 5.83. The stock has a market capitalization of $232.63 million, a PE ratio of -3.57 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. The company had revenue of $634.20 million for the quarter, compared to the consensus estimate of $645.70 million. During the same quarter last year, the company posted $0.02 earnings per share. Analysts expect that Quad/Graphics, Inc. will post 0.76 EPS for the current fiscal year.

Quad/Graphics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 19th were given a dividend of $0.05 per share. The ex-dividend date was Monday, August 19th. This represents a $0.20 annualized dividend and a dividend yield of 4.48%. Quad/Graphics’s dividend payout ratio is presently -16.00%.

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.