QS Investors LLC lowered its position in Quad Graphics, Inc (NYSE:QUAD) by 30.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 122,191 shares of the business services provider’s stock after selling 54,438 shares during the period. QS Investors LLC owned 0.23% of Quad Graphics worth $2,801,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. boosted its holdings in Quad Graphics by 403.2% in the second quarter. Meeder Asset Management Inc. now owns 4,695 shares of the business services provider’s stock worth $107,000 after acquiring an additional 3,762 shares in the last quarter. US Bancorp DE raised its stake in shares of Quad Graphics by 17.9% in the first quarter. US Bancorp DE now owns 4,878 shares of the business services provider’s stock worth $123,000 after purchasing an additional 739 shares during the last quarter. Pacad Investment Ltd. raised its stake in shares of Quad Graphics by 160.0% in the second quarter. Pacad Investment Ltd. now owns 5,200 shares of the business services provider’s stock worth $119,000 after purchasing an additional 3,200 shares during the last quarter. Creative Planning raised its stake in shares of Quad Graphics by 17.5% in the second quarter. Creative Planning now owns 6,715 shares of the business services provider’s stock worth $154,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Quad Graphics by 11.5% in the second quarter. Legal & General Group Plc now owns 7,852 shares of the business services provider’s stock worth $180,000 after purchasing an additional 809 shares during the last quarter. Institutional investors and hedge funds own 51.66% of the company’s stock.

In related news, Director Douglas P. Buth purchased 2,600 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were purchased at an average cost of $18.74 per share, with a total value of $48,724.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 12.05% of the company’s stock.

Shares of Quad Graphics, Inc (NYSE:QUAD) opened at 23.87 on Friday. The stock has a 50 day moving average price of $20.28 and a 200 day moving average price of $22.38. Quad Graphics, Inc has a 52 week low of $18.16 and a 52 week high of $29.04. The stock has a market capitalization of $1.24 billion, a P/E ratio of 15.35 and a beta of 1.44.

Quad Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.11. Quad Graphics had a return on equity of 22.79% and a net margin of 1.92%. The firm had revenue of $963.20 million for the quarter, compared to analysts’ expectations of $985.85 million. During the same period in the previous year, the firm posted $0.03 EPS. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. On average, equities research analysts expect that Quad Graphics, Inc will post $1.79 EPS for the current year.

Several analysts have recently commented on the company. BidaskClub raised Quad Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. TheStreet downgraded Quad Graphics from a “b-” rating to a “c+” rating in a research note on Friday, August 4th.

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Quad Graphics Company Profile

Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.

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Institutional Ownership by Quarter for Quad Graphics (NYSE:QUAD)

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