US Bancorp DE lowered its position in Quad Graphics, Inc (NYSE:QUAD) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,643 shares of the business services provider’s stock after selling 235 shares during the period. US Bancorp DE’s holdings in Quad Graphics were worth $106,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Nisa Investment Advisors LLC increased its stake in Quad Graphics by 0.7% in the second quarter. Nisa Investment Advisors LLC now owns 29,070 shares of the business services provider’s stock worth $654,000 after buying an additional 210 shares during the last quarter. James Investment Research Inc. increased its stake in Quad Graphics by 10.8% in the second quarter. James Investment Research Inc. now owns 80,610 shares of the business services provider’s stock worth $1,847,000 after buying an additional 7,845 shares during the last quarter. Meeder Asset Management Inc. increased its stake 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 buying an additional 3,762 shares during the last quarter. Creative Planning increased its stake in 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 buying an additional 1,000 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. purchased a new stake in Quad Graphics during the second quarter worth approximately $357,000. Institutional investors own 51.70% of the company’s stock.

Quad Graphics, Inc (QUAD) traded up 1.32% during mid-day trading on Thursday, reaching $19.18. The company’s stock had a trading volume of 34,226 shares. Quad Graphics, Inc has a 52 week low of $18.16 and a 52 week high of $29.04. The firm’s 50 day moving average price is $20.86 and its 200 day moving average price is $23.44. The firm has a market capitalization of $998.15 million, a P/E ratio of 12.33 and a beta of 1.39.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.24 earnings per share 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 company had revenue of $963.20 million during the quarter, compared to analysts’ expectations of $985.85 million. During the same quarter in the previous year, the firm earned $0.03 earnings per share. The business’s quarterly revenue was down 6.7% compared to the same quarter last year. On average, analysts anticipate that Quad Graphics, Inc will post $1.79 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 21st will be given a $0.30 dividend. The ex-dividend date is Thursday, August 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.34%. Quad Graphics’s dividend payout ratio is currently 76.43%.

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A number of analysts have commented on the company. TheStreet downgraded Quad Graphics from a “b-” rating to a “c+” rating in a research report on Friday, August 4th. BidaskClub downgraded Quad Graphics from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th.

In related news, Director Douglas P. Buth purchased 2,600 shares of Quad Graphics stock in a transaction on Friday, August 4th. The stock was bought at an average price of $18.74 per share, with a total value of $48,724.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.05% of the stock is owned by insiders.

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.

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

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