Quad/Graphics (NYSE:QUAD) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, November 15th.
Separately, TheStreet upgraded shares of Quad/Graphics from a “c” rating to a “b-” rating in a report on Tuesday, October 31st.
Shares of Quad/Graphics (QUAD) traded up $0.88 during trading hours on Wednesday, reaching $22.91. The company had a trading volume of 235,327 shares, compared to its average volume of 263,333. The company has a market capitalization of $1,142.04, a PE ratio of 11.30 and a beta of 1.47. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.82 and a current ratio of 1.24. Quad/Graphics has a 52 week low of $18.16 and a 52 week high of $29.04.
Quad/Graphics (NYSE:QUAD) last posted its earnings results on Tuesday, October 31st. The business services provider reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.05. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Quad/Graphics had a return on equity of 21.87% and a net margin of 2.15%. The company’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.48 EPS.
In related news, Director Kathryn Quadracci Flores sold 66,107 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $21.86, for a total value of $1,445,099.02. Following the completion of the sale, the director now directly owns 69,081 shares of the company’s stock, valued at $1,510,110.66. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Thomas J. Frankowski sold 28,518 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $21.63, for a total transaction of $616,844.34. Following the completion of the sale, the chief operating officer now directly owns 220,489 shares of the company’s stock, valued at $4,769,177.07. The disclosure for this sale can be found here. In the last quarter, insiders have sold 133,625 shares of company stock valued at $2,910,583. Insiders own 9.28% of the company’s stock.
Several large investors have recently made changes to their positions in QUAD. Meeder Asset Management Inc. grew its position in Quad/Graphics by 403.2% during the second quarter. Meeder Asset Management Inc. now owns 4,695 shares of the business services provider’s stock worth $107,000 after buying an additional 3,762 shares during the period. Pacad Investment Ltd. grew its position in Quad/Graphics by 160.0% during the second quarter. Pacad Investment Ltd. now owns 5,200 shares of the business services provider’s stock worth $119,000 after buying an additional 3,200 shares during the period. Creative Planning grew its position in Quad/Graphics by 17.5% during the second quarter. Creative Planning now owns 6,715 shares of the business services provider’s stock worth $154,000 after buying an additional 1,000 shares during the period. Legal & General Group Plc grew its position in Quad/Graphics by 11.5% during the second quarter. Legal & General Group Plc now owns 7,852 shares of the business services provider’s stock worth $180,000 after buying an additional 809 shares during the period. Finally, Quantbot Technologies LP grew its position in shares of Quad/Graphics by 639.5% in the second quarter. Quantbot Technologies LP now owns 8,527 shares of the business services provider’s stock valued at $195,000 after purchasing an additional 7,374 shares during the last quarter. 49.74% of the stock is owned by institutional investors and hedge funds.
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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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