HBK Investments L P decreased its stake in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 46.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,451 shares of the business services provider’s stock after selling 41,333 shares during the period. HBK Investments L P owned about 0.09% of Quad/Graphics worth $1,095,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Nordea Investment Management AB lifted its position in Quad/Graphics by 2.8% during the third quarter. Nordea Investment Management AB now owns 84,400 shares of the business services provider’s stock valued at $1,908,000 after purchasing an additional 2,300 shares during the period. The Manufacturers Life Insurance Company lifted its position in Quad/Graphics by 11.3% during the second quarter. The Manufacturers Life Insurance Company now owns 25,285 shares of the business services provider’s stock valued at $580,000 after purchasing an additional 2,566 shares during the period. California Public Employees Retirement System lifted its position in Quad/Graphics by 2.9% during the third quarter. California Public Employees Retirement System now owns 112,417 shares of the business services provider’s stock valued at $2,542,000 after purchasing an additional 3,117 shares during the period. American International Group Inc. lifted its position in Quad/Graphics by 15.4% during the fourth quarter. American International Group Inc. now owns 24,612 shares of the business services provider’s stock valued at $556,000 after purchasing an additional 3,293 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in Quad/Graphics by 1.7% during the third quarter. Schwab Charles Investment Management Inc. now owns 476,042 shares of the business services provider’s stock valued at $10,764,000 after purchasing an additional 8,052 shares during the period. Institutional investors own 50.77% of the company’s stock.

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In other Quad/Graphics news, CFO David J. Honan sold 17,500 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $28.57, for a total transaction of $499,975.00. Following the completion of the sale, the chief financial officer now directly owns 208,095 shares of the company’s stock, valued at $5,945,274.15. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Kelly A. Vanderboom sold 6,777 shares of the company’s stock in a transaction that occurred on Wednesday, March 21st. The shares were sold at an average price of $27.00, for a total transaction of $182,979.00. Following the sale, the vice president now directly owns 54,670 shares of the company’s stock, valued at $1,476,090. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 329,062 shares of company stock worth $9,180,788. 12.05% of the stock is owned by insiders.

Quad/Graphics, Inc. (NYSE QUAD) opened at $26.76 on Friday. The firm has a market cap of $1,430.47, a P/E ratio of 12.99 and a beta of 1.15. Quad/Graphics, Inc. has a 52-week low of $18.16 and a 52-week high of $31.29. The company has a current ratio of 1.22, a quick ratio of 0.89 and a debt-to-equity ratio of 1.76.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Wednesday, February 21st. The business services provider reported $0.58 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.58. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. Quad/Graphics had a net margin of 2.59% and a return on equity of 19.46%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 19th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, March 16th. This represents a $1.20 dividend on an annualized basis and a yield of 4.48%. Quad/Graphics’s dividend payout ratio (DPR) is 58.25%.

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About Quad/Graphics

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.

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

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