Global X Management Co. LLC raised its stake in shares of RR Donnelley & Sons Co (NASDAQ:RRD) by 4.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 498,233 shares of the business services provider’s stock after buying an additional 22,434 shares during the period. Global X Management Co. LLC’s holdings in RR Donnelley & Sons Co were worth $6,248,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Russell Investments Group Ltd. boosted its stake in shares of RR Donnelley & Sons Co by 171.7% in the second quarter. Russell Investments Group Ltd. now owns 199,592 shares of the business services provider’s stock valued at $2,502,000 after buying an additional 126,135 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of RR Donnelley & Sons Co by 4.4% in the second quarter. Great West Life Assurance Co. Can now owns 100,409 shares of the business services provider’s stock valued at $1,259,000 after buying an additional 4,200 shares during the last quarter. First Heartland Consultants Inc. acquired a new stake in shares of RR Donnelley & Sons Co during the second quarter valued at approximately $762,000. Texas Permanent School Fund boosted its stake in shares of RR Donnelley & Sons Co by 1.1% in the second quarter. Texas Permanent School Fund now owns 51,114 shares of the business services provider’s stock valued at $641,000 after buying an additional 553 shares during the last quarter. Finally, Aperio Group LLC boosted its stake in shares of RR Donnelley & Sons Co by 100.2% in the second quarter. Aperio Group LLC now owns 44,826 shares of the business services provider’s stock valued at $562,000 after buying an additional 22,432 shares during the last quarter.

Shares of RR Donnelley & Sons Co (NASDAQ RRD) opened at 8.94 on Friday. The firm’s market capitalization is $625.80 million. The firm’s 50-day moving average is $11.67 and its 200 day moving average is $13.29. RR Donnelley & Sons Co has a 52 week low of $8.85 and a 52 week high of $24.64.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Friday, August 11th. RR Donnelley & Sons Co’s payout ratio is currently 196.23%.

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Separately, BidaskClub cut shares of RR Donnelley & Sons Co from a “sell” rating to a “strong sell” rating in a research note on Tuesday.

RR Donnelley & Sons Co Company 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.

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

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