RR Donnelley & Sons Co (NASDAQ:RRD) Position Decreased by UBS Asset Management Americas Inc.

UBS Asset Management Americas Inc. trimmed its holdings in RR Donnelley & Sons Co (NASDAQ:RRD) by 29.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,808 shares of the business services provider’s stock after selling 22,561 shares during the period. UBS Asset Management Americas Inc. owned 0.08% of RR Donnelley & Sons Co worth $687,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Arizona State Retirement System boosted its stake in shares of RR Donnelley & Sons Co by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 36,466 shares of the business services provider’s stock worth $457,000 after purchasing an additional 100 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of RR Donnelley & Sons Co by 1.7% in the second quarter. PNC Financial Services Group Inc. now owns 22,612 shares of the business services provider’s stock worth $282,000 after acquiring an additional 378 shares during the last quarter. Texas Permanent School Fund boosted its position in shares of RR Donnelley & Sons Co by 1.1% in the second quarter. Texas Permanent School Fund now owns 51,114 shares of the business services provider’s stock worth $641,000 after acquiring an additional 553 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of RR Donnelley & Sons Co by 4.4% in the second quarter. Great West Life Assurance Co. Can now owns 100,409 shares of the business services provider’s stock worth $1,259,000 after acquiring an additional 4,200 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of RR Donnelley & Sons Co by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 384,322 shares of the business services provider’s stock worth $4,819,000 after acquiring an additional 4,357 shares during the last quarter.

Several equities research analysts recently issued reports on RRD shares. BidaskClub cut shares of RR Donnelley & Sons Co from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. ValuEngine upgraded shares of RR Donnelley & Sons Co from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, TheStreet lowered shares of RR Donnelley & Sons Co from a “c-” rating to a “d” rating in a research note on Thursday, October 26th.

RR Donnelley & Sons Co (RRD) traded up $0.01 during mid-day trading on Friday, hitting $8.18. 827,500 shares of the stock were exchanged, compared to its average volume of 1,190,748. RR Donnelley & Sons Co has a twelve month low of $7.49 and a twelve month high of $18.52.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 6.85%. The ex-dividend date of this dividend is Tuesday, November 14th. RR Donnelley & Sons Co’s dividend payout ratio (DPR) is -8.33%.

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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.

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

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