Cooper Creek Partners Management LLC grew its holdings in shares of RR Donnelley & Sons Co (NYSE:RRD) by 45.9% in the first quarter, Holdings Channel reports. The fund owned 1,009,948 shares of the business services provider’s stock after purchasing an additional 317,773 shares during the period. RR Donnelley & Sons accounts for about 1.6% of Cooper Creek Partners Management LLC’s investment portfolio, making the stock its 27th largest holding. Cooper Creek Partners Management LLC’s holdings in RR Donnelley & Sons were worth $4,767,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in RR Donnelley & Sons by 16.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 976,577 shares of the business services provider’s stock worth $5,274,000 after buying an additional 134,949 shares during the last quarter. Arizona State Retirement System lifted its position in RR Donnelley & Sons by 6.0% in the 4th quarter. Arizona State Retirement System now owns 108,415 shares of the business services provider’s stock worth $429,000 after buying an additional 6,119 shares during the last quarter. Rhumbline Advisers lifted its position in RR Donnelley & Sons by 18.3% in the 4th quarter. Rhumbline Advisers now owns 209,979 shares of the business services provider’s stock worth $832,000 after buying an additional 32,508 shares during the last quarter. SG Americas Securities LLC lifted its position in RR Donnelley & Sons by 154.7% in the 4th quarter. SG Americas Securities LLC now owns 41,547 shares of the business services provider’s stock worth $165,000 after buying an additional 25,235 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in RR Donnelley & Sons in the 4th quarter worth approximately $505,000. Hedge funds and other institutional investors own 86.91% of the company’s stock.

Separately, Zacks Investment Research downgraded RR Donnelley & Sons from a “hold” rating to a “sell” rating in a research report on Saturday, May 18th.

NYSE:RRD traded down $0.06 during mid-day trading on Friday, reaching $2.12. The stock had a trading volume of 1,036,967 shares, compared to its average volume of 1,305,830. The company has a market capitalization of $150.10 million, a price-to-earnings ratio of 2.86 and a beta of 1.85. RR Donnelley & Sons Co has a one year low of $2.10 and a one year high of $7.28.

RR Donnelley & Sons (NYSE:RRD) last released its earnings results on Tuesday, April 30th. The business services provider reported ($0.06) earnings per share for the quarter. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.55 billion. RR Donnelley & Sons had a negative return on equity of 21.78% and a negative net margin of 0.15%. The business’s quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.10) EPS. On average, research analysts anticipate that RR Donnelley & Sons Co will post 0.66 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were given a $0.03 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $0.12 dividend on an annualized basis and a yield of 5.66%. RR Donnelley & Sons’s payout ratio is 17.14%.

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RR Donnelley & Sons Profile

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.

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Institutional Ownership by Quarter for RR Donnelley & Sons (NYSE:RRD)

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