Elm Ridge Management LLC grew its position in R.R. Donnelley & Sons Company (NYSE:RRD) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 947,288 shares of the business services provider’s stock after buying an additional 20,816 shares during the period. R.R. Donnelley & Sons accounts for approximately 4.1% of Elm Ridge Management LLC’s investment portfolio, making the stock its 10th largest position. Elm Ridge Management LLC owned 1.35% of R.R. Donnelley & Sons worth $9,757,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RRD. Capital World Investors grew its stake in shares of R.R. Donnelley & Sons by 171.0% in the 2nd quarter. Capital World Investors now owns 7,209,765 shares of the business services provider’s stock valued at $90,410,000 after buying an additional 4,548,853 shares during the period. BlackRock Inc. grew its stake in shares of R.R. Donnelley & Sons by 18.1% in the 2nd quarter. BlackRock Inc. now owns 13,808,558 shares of the business services provider’s stock valued at $173,160,000 after buying an additional 2,117,978 shares during the period. SkyBridge Capital II LLC purchased a new stake in shares of R.R. Donnelley & Sons in the 2nd quarter valued at approximately $13,689,000. Schwab Charles Investment Management Inc. grew its stake in shares of R.R. Donnelley & Sons by 207.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 945,024 shares of the business services provider’s stock valued at $11,851,000 after buying an additional 637,329 shares during the period. Finally, Towle & Co. grew its stake in shares of R.R. Donnelley & Sons by 37.8% in the 3rd quarter. Towle & Co. now owns 2,123,107 shares of the business services provider’s stock valued at $21,868,000 after buying an additional 582,707 shares during the period. 85.83% of the stock is owned by institutional investors and hedge funds.

Shares of R.R. Donnelley & Sons Company (NYSE RRD) traded down $0.13 during mid-day trading on Thursday, hitting $8.76. 229,679 shares of the stock traded hands, compared to its average volume of 1,155,568. The company has a debt-to-equity ratio of -13.69, a quick ratio of 1.19 and a current ratio of 1.50. R.R. Donnelley & Sons Company has a 52-week low of $7.15 and a 52-week high of $18.52. The firm has a market cap of $626.69, a price-to-earnings ratio of 10.05 and a beta of 1.98.

R.R. Donnelley & Sons (NYSE:RRD) last issued its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.07). R.R. Donnelley & Sons had a negative return on equity of 42.52% and a negative net margin of 7.15%. The company had revenue of $1.73 billion during the quarter. During the same quarter in the prior year, the company posted $1.07 EPS. analysts forecast that R.R. Donnelley & Sons Company will post 1.17 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th were issued a $0.14 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.39%. R.R. Donnelley & Sons’s dividend payout ratio is currently -7.92%.

Several equities analysts have recently commented on RRD shares. ValuEngine upgraded shares of R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded shares of R.R. Donnelley & Sons from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 13th. Finally, TheStreet lowered shares of R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a report on Thursday, October 26th.

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R.R. Donnelley & Sons 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 R.R. Donnelley & Sons (NYSE:RRD)

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