RR Donnelley & Sons Co (NYSE:RRD) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus price target of $8.00 for the company, according to Zacks. Zacks has also assigned RR Donnelley & Sons an industry rank of 179 out of 256 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of RR Donnelley & Sons from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th.

In other news, major shareholder Chatham Asset Management, Llc purchased 508,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of $2.21 per share, for a total transaction of $1,122,680.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have purchased a total of 1,934,000 shares of company stock worth $4,127,960 in the last 90 days. 1.07% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RRD. Luminus Management LLC acquired a new stake in RR Donnelley & Sons during the 2nd quarter worth approximately $3,920,000. Invesco Ltd. raised its position in RR Donnelley & Sons by 202.4% during the 2nd quarter. Invesco Ltd. now owns 2,088,976 shares of the business services provider’s stock worth $4,115,000 after buying an additional 1,398,161 shares during the last quarter. BlackRock Inc. lifted its stake in shares of RR Donnelley & Sons by 10.8% in the 2nd quarter. BlackRock Inc. now owns 12,426,672 shares of the business services provider’s stock worth $24,480,000 after acquiring an additional 1,211,147 shares during the period. Acadian Asset Management LLC lifted its stake in shares of RR Donnelley & Sons by 67.3% in the 2nd quarter. Acadian Asset Management LLC now owns 1,575,883 shares of the business services provider’s stock worth $3,104,000 after acquiring an additional 634,169 shares during the period. Finally, Brigade Capital Management LP boosted its holdings in shares of RR Donnelley & Sons by 38.9% in the second quarter. Brigade Capital Management LP now owns 1,347,000 shares of the business services provider’s stock valued at $2,653,000 after acquiring an additional 377,000 shares in the last quarter. 86.95% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:RRD traded up $0.41 during trading hours on Friday, hitting $3.49. The company’s stock had a trading volume of 3,527,500 shares, compared to its average volume of 1,008,267. RR Donnelley & Sons has a 52-week low of $1.67 and a 52-week high of $6.76. The stock has a market capitalization of $198.24 million, a P/E ratio of 4.99 and a beta of 1.59. The stock has a fifty day moving average of $2.15 and a 200-day moving average of $3.19.

RR Donnelley & Sons (NYSE:RRD) last released its quarterly earnings data on Tuesday, July 30th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.12. RR Donnelley & Sons had a negative return on equity of 23.01% and a negative net margin of 0.07%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.09) EPS. As a group, analysts predict that RR Donnelley & Sons will post 0.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend was Wednesday, August 14th. RR Donnelley & Sons’s payout ratio is 17.14%.

About RR Donnelley & Sons

R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.

Read More: NASDAQ

Get a free copy of the Zacks research report on RR Donnelley & Sons (RRD)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for RR Donnelley & Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RR Donnelley & Sons and related companies with MarketBeat.com's FREE daily email newsletter.