Trexquant Investment LP Purchases Shares of 63,703 RR Donnelley (RRD)

Trexquant Investment LP purchased a new stake in RR Donnelley (NYSE:RRD) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 63,703 shares of the business services provider’s stock, valued at approximately $556,000. Trexquant Investment LP owned 0.09% of RR Donnelley at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Alps Advisors Inc. grew its position in RR Donnelley by 78.0% in the first quarter. Alps Advisors Inc. now owns 84,913 shares of the business services provider’s stock valued at $741,000 after acquiring an additional 37,216 shares during the period. MetLife Investment Advisors LLC bought a new stake in RR Donnelley in the fourth quarter valued at $313,000. Macquarie Group Ltd. grew its position in RR Donnelley by 426.4% in the fourth quarter. Macquarie Group Ltd. now owns 37,900 shares of the business services provider’s stock valued at $352,000 after acquiring an additional 30,700 shares during the period. PEAK6 Investments L.P. bought a new stake in RR Donnelley in the fourth quarter valued at $750,000. Finally, TIAA CREF Investment Management LLC grew its position in RR Donnelley by 3.3% in the fourth quarter. TIAA CREF Investment Management LLC now owns 452,934 shares of the business services provider’s stock valued at $4,212,000 after acquiring an additional 14,392 shares during the period. Hedge funds and other institutional investors own 88.31% of the company’s stock.

Shares of NYSE:RRD opened at $6.77 on Friday. RR Donnelley has a fifty-two week low of $6.28 and a fifty-two week high of $12.99. The firm has a market capitalization of $466.09 million, a price-to-earnings ratio of 5.64 and a beta of 1.53. The company has a current ratio of 1.42, a quick ratio of 1.19 and a debt-to-equity ratio of -10.46.

RR Donnelley (NYSE:RRD) last announced its earnings results on Tuesday, May 1st. The business services provider reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.24). The business had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.63 billion. RR Donnelley had a negative return on equity of 37.45% and a net margin of 0.09%. RR Donnelley’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. research analysts predict that RR Donnelley will post 1.05 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Tuesday, May 15th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 8.27%. The ex-dividend date of this dividend is Monday, May 14th. RR Donnelley’s payout ratio is presently 46.67%.

Separately, ValuEngine cut RR Donnelley from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.

In other RR Donnelley news, Director Timothy R. Mclevish bought 20,000 shares of the firm’s stock in a transaction dated Friday, May 4th. The shares were bought at an average price of $6.53 per share, for a total transaction of $130,600.00. Following the completion of the acquisition, the director now owns 18,466 shares of the company’s stock, valued at $120,582.98. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

RR Donnelley Company Profile

R.R. Donnelley & Sons Company, an integrated communications company, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. The company operates through Variable Print, Strategic Services, and International segments. It offers commercial and digital print, direct mail, statement printing, logistics, sourcing, and digital and creative services, as well as produces and sells labels, forms, educational testing materials, inserts, and books.

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

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