Stifel Financial Corp cut its holdings in shares of RR Donnelley & Sons Co (NASDAQ:RRD) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,801 shares of the business services provider’s stock after selling 267 shares during the quarter. Stifel Financial Corp’s holdings in RR Donnelley & Sons Co were worth $211,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in RR Donnelley & Sons Co in the 2nd quarter worth about $117,000. Nisa Investment Advisors LLC grew its holdings in RR Donnelley & Sons Co by 229.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 12,199 shares of the business services provider’s stock valued at $151,000 after buying an additional 8,500 shares in the last quarter. Stoneridge Investment Partners LLC purchased a new position in RR Donnelley & Sons Co during the 2nd quarter valued at about $247,000. PNC Financial Services Group Inc. grew its holdings in RR Donnelley & Sons Co by 1.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 22,612 shares of the business services provider’s stock valued at $282,000 after buying an additional 378 shares in the last quarter. Finally, Quantitative Investment Management LLC purchased a new position in RR Donnelley & Sons Co during the 2nd quarter valued at about $287,000.

Shares of RR Donnelley & Sons Co (NASDAQ:RRD) opened at $8.21 on Tuesday. RR Donnelley & Sons Co has a 12-month low of $8.54 and a 12-month high of $18.52.

RR Donnelley & Sons Co (NASDAQ:RRD) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.07). The firm had revenue of $1.73 billion during the quarter. During the same quarter in the prior year, the firm posted $1.07 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a $0.14 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.56 dividend on an annualized basis and a yield of 6.82%.

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RRD has been the subject of a number of recent analyst reports. BidaskClub raised RR Donnelley & Sons Co from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 13th. ValuEngine raised RR Donnelley & Sons Co from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, TheStreet downgraded RR Donnelley & Sons Co from a “c-” rating to a “d” rating in a research report on Thursday, October 26th.

About RR Donnelley & Sons Co

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 RR Donnelley & Sons Co (NASDAQ:RRD)

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