Squarepoint Ops LLC Sells 12,129 Shares of Quad/Graphics, Inc. (NYSE:QUAD)

Squarepoint Ops LLC decreased its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 28.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,511 shares of the business services provider’s stock after selling 12,129 shares during the period. Squarepoint Ops LLC’s holdings in Quad/Graphics were worth $166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. EMC Capital Management lifted its stake in shares of Quad/Graphics by 11.7% during the 1st quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock valued at $133,000 after buying an additional 2,623 shares in the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Quad/Graphics by 20.7% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after buying an additional 4,023 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Quad/Graphics by 20.8% during the 1st quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after buying an additional 7,947 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Quad/Graphics by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 89,865 shares of the business services provider’s stock valued at $477,000 after buying an additional 8,031 shares in the last quarter. Finally, Crescent Grove Advisors LLC lifted its stake in shares of Quad/Graphics by 19.8% during the 1st quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock valued at $321,000 after buying an additional 10,000 shares in the last quarter. Institutional investors own 39.52% of the company’s stock.

Quad/Graphics Stock Up 1.9 %

Shares of QUAD stock opened at $5.50 on Monday. The stock has a market cap of $285.66 million, a P/E ratio of -4.40 and a beta of 1.60. Quad/Graphics, Inc. has a 52 week low of $3.96 and a 52 week high of $6.75. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 5.83. The company’s fifty day simple moving average is $4.61 and its two-hundred day simple moving average is $4.95.

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

Quad/Graphics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 19th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 3.64%. The ex-dividend date was Monday, August 19th. Quad/Graphics’s dividend payout ratio is -16.00%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on QUAD. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Barrington Research reiterated an “outperform” rating and issued a $8.50 price target on shares of Quad/Graphics in a research note on Friday, September 20th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $7.60 price target on shares of Quad/Graphics in a research note on Tuesday, September 24th.

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.