Quadrature Capital Ltd Purchases New Holdings in RR Donnelley & Sons Co (RRD)

Quadrature Capital Ltd purchased a new stake in RR Donnelley & Sons Co (NYSE:RRD) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 27,340 shares of the business services provider’s stock, valued at approximately $239,000.

A number of other large investors have also recently made changes to their positions in RRD. Towle & Co. boosted its holdings in RR Donnelley & Sons by 52.9% in the 4th quarter. Towle & Co. now owns 3,245,586 shares of the business services provider’s stock valued at $30,184,000 after purchasing an additional 1,122,479 shares during the period. JPMorgan Chase & Co. boosted its holdings in RR Donnelley & Sons by 150.0% in the 1st quarter. JPMorgan Chase & Co. now owns 551,990 shares of the business services provider’s stock valued at $4,818,000 after purchasing an additional 331,196 shares during the period. WBI Investments Inc. bought a new position in RR Donnelley & Sons in the 1st quarter valued at $2,557,000. Schwab Charles Investment Management Inc. boosted its holdings in RR Donnelley & Sons by 24.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,467,643 shares of the business services provider’s stock valued at $13,650,000 after purchasing an additional 289,897 shares during the period. Finally, American Century Companies Inc. bought a new position in RR Donnelley & Sons in the 4th quarter valued at $2,223,000. 82.50% of the stock is owned by hedge funds and other institutional investors.

RR Donnelley & Sons opened at $6.61 on Monday, Marketbeat.com reports. The company has a debt-to-equity ratio of -10.46, a quick ratio of 1.19 and a current ratio of 1.42. The firm has a market cap of $464.68 million, a PE ratio of 5.51 and a beta of 1.44. RR Donnelley & Sons Co has a fifty-two week low of $6.14 and a fifty-two week high of $12.99.

RR Donnelley & Sons (NYSE:RRD) last posted its quarterly earnings data on Tuesday, May 1st. The business services provider reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.24). The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.63 billion. RR Donnelley & Sons had a net margin of 0.09% and a negative return on equity of 37.45%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. equities analysts forecast that RR Donnelley & Sons Co will post 1.05 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 1st. Stockholders of record on Tuesday, May 15th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 8.47%. The ex-dividend date was Monday, May 14th. RR Donnelley & Sons’s dividend payout ratio (DPR) is currently 46.67%.

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

In related news, Director Timothy R. Mclevish acquired 20,000 shares of the stock in a transaction dated Friday, May 4th. The shares were purchased at an average price of $6.53 per share, for a total transaction of $130,600.00. Following the transaction, the director now owns 18,466 shares in the company, valued at approximately $120,582.98. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.52% of the company’s stock.

RR Donnelley & Sons 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 & Sons (NYSE:RRD)

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