Quad/Graphics, Inc. (NYSE:QUAD) EVP David A. Blais sold 73,829 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $30.11, for a total transaction of $2,222,991.19. Following the transaction, the executive vice president now directly owns 119,112 shares of the company’s stock, valued at $3,586,462.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Quad/Graphics, Inc. (QUAD) traded down $0.25 on Wednesday, hitting $26.52. 479,079 shares of the stock were exchanged, compared to its average volume of 349,986. Quad/Graphics, Inc. has a fifty-two week low of $18.16 and a fifty-two week high of $31.29. The stock has a market cap of $1,407.28, a PE ratio of 13.00 and a beta of 1.15. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.89 and a current ratio of 1.22.
Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Wednesday, February 21st. The business services provider reported $0.58 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.58. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.14 billion. Quad/Graphics had a net margin of 2.59% and a return on equity of 19.46%. Quad/Graphics’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the business earned $0.73 EPS.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 19th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, March 16th. This represents a $1.20 annualized dividend and a dividend yield of 4.52%. Quad/Graphics’s payout ratio is 58.25%.
Separately, BidaskClub cut shares of Quad/Graphics from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th.
Large investors have recently bought and sold shares of the stock. LSV Asset Management increased its stake in Quad/Graphics by 31.4% during the 4th quarter. LSV Asset Management now owns 913,896 shares of the business services provider’s stock worth $20,654,000 after buying an additional 218,543 shares during the period. Millennium Management LLC increased its position in shares of Quad/Graphics by 517.4% in the 4th quarter. Millennium Management LLC now owns 173,675 shares of the business services provider’s stock worth $3,925,000 after purchasing an additional 145,543 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Quad/Graphics by 41.5% in the 3rd quarter. Prudential Financial Inc. now owns 469,256 shares of the business services provider’s stock worth $10,610,000 after purchasing an additional 137,680 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Quad/Graphics by 12.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,096,172 shares of the business services provider’s stock worth $24,785,000 after purchasing an additional 123,449 shares during the last quarter. Finally, GSA Capital Partners LLP increased its position in shares of Quad/Graphics by 545.4% in the 3rd quarter. GSA Capital Partners LLP now owns 138,256 shares of the business services provider’s stock worth $3,126,000 after purchasing an additional 116,833 shares during the last quarter. Institutional investors and hedge funds own 50.77% of the company’s stock.
Quad/Graphics Company Profile
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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