Quad Graphics, Inc (NYSE:QUAD – Get Free Report) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,417,309 shares, a decrease of 15.3% from the February 12th total of 1,673,359 shares. Based on an average daily trading volume, of 331,254 shares, the short-interest ratio is currently 4.3 days. Currently, 3.1% of the company’s stock are short sold. Currently, 3.1% of the company’s stock are short sold. Based on an average daily trading volume, of 331,254 shares, the short-interest ratio is currently 4.3 days.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. D Orazio & Associates Inc. increased its stake in shares of Quad Graphics by 13.8% in the third quarter. D Orazio & Associates Inc. now owns 15,032 shares of the business services provider’s stock valued at $94,000 after buying an additional 1,820 shares during the period. Geode Capital Management LLC boosted its position in Quad Graphics by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock worth $3,977,000 after buying an additional 1,837 shares during the period. American Century Companies Inc. grew its holdings in Quad Graphics by 3.8% during the 2nd quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock worth $400,000 after acquiring an additional 2,558 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in Quad Graphics by 10.6% during the 4th quarter. Harbor Capital Advisors Inc. now owns 29,936 shares of the business services provider’s stock worth $188,000 after acquiring an additional 2,861 shares during the last quarter. Finally, Mackenzie Financial Corp increased its position in Quad Graphics by 17.0% in the 3rd quarter. Mackenzie Financial Corp now owns 19,893 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 2,885 shares during the period. 39.52% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
QUAD has been the subject of a number of analyst reports. Wall Street Zen upgraded Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Rosenblatt Securities increased their price objective on Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a report on Wednesday, February 25th. Zacks Research downgraded shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.90.
Quad Graphics Stock Performance
Quad Graphics stock traded down $0.00 during trading hours on Wednesday, hitting $6.51. The company had a trading volume of 177,471 shares, compared to its average volume of 192,514. The firm has a 50-day moving average of $6.47 and a 200 day moving average of $6.21. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.86 and a quick ratio of 0.63. The firm has a market cap of $340.00 million, a PE ratio of 12.03 and a beta of 1.09. Quad Graphics has a one year low of $4.50 and a one year high of $7.54.
Quad Graphics (NYSE:QUAD – Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The business services provider reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. Quad Graphics had a return on equity of 49.71% and a net margin of 1.12%.The firm had revenue of $630.60 million for the quarter, compared to analyst estimates of $632.90 million. On average, sell-side analysts expect that Quad Graphics will post 1.08 earnings per share for the current year.
Quad Graphics Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Friday, February 27th. This is an increase from Quad Graphics’s previous quarterly dividend of $0.08. Quad Graphics’s dividend payout ratio is 74.07%.
Quad Graphics Company Profile
Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.
The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.
Further Reading
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