RR Donnelley & Sons Co (NYSE:RRD) CFO Terry D. Peterson bought 10,000 shares of RR Donnelley & Sons stock in a transaction that occurred on Thursday, August 9th. The shares were acquired at an average price of $4.94 per share, for a total transaction of $49,400.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of RR Donnelley & Sons stock traded up $0.02 during trading hours on Tuesday, reaching $6.45. The stock had a trading volume of 1,153,900 shares, compared to its average volume of 1,047,620. The company has a market cap of $453.38 million, a price-to-earnings ratio of 5.38 and a beta of 0.73. RR Donnelley & Sons Co has a 1 year low of $4.09 and a 1 year high of $9.79.
RR Donnelley & Sons (NYSE:RRD) last released its quarterly earnings data on Tuesday, October 30th. The business services provider reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. RR Donnelley & Sons had a negative return on equity of 28.57% and a negative net margin of 0.59%. The company’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period last year, the business posted $0.30 EPS. Analysts expect that RR Donnelley & Sons Co will post 0.81 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, November 15th will be issued a $0.03 dividend. The ex-dividend date is Wednesday, November 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.86%. RR Donnelley & Sons’s dividend payout ratio (DPR) is 10.00%.
Several equities analysts recently weighed in on the company. Buckingham Research upgraded RR Donnelley & Sons from a “neutral” rating to a “buy” rating and increased their target price for the stock from $6.00 to $8.00 in a research report on Tuesday, September 4th. ValuEngine upgraded RR Donnelley & Sons from a “sell” rating to a “hold” rating in a research report on Thursday, August 30th.
Several institutional investors have recently added to or reduced their stakes in the company. Systematic Financial Management LP raised its holdings in shares of RR Donnelley & Sons by 30.1% in the 3rd quarter. Systematic Financial Management LP now owns 277,661 shares of the business services provider’s stock worth $1,499,000 after purchasing an additional 64,240 shares during the period. Wells Fargo & Company MN raised its holdings in shares of RR Donnelley & Sons by 13.0% in the 3rd quarter. Wells Fargo & Company MN now owns 129,570 shares of the business services provider’s stock worth $699,000 after purchasing an additional 14,899 shares during the period. Towle & Co. raised its holdings in shares of RR Donnelley & Sons by 15.5% in the 3rd quarter. Towle & Co. now owns 6,648,420 shares of the business services provider’s stock worth $35,901,000 after purchasing an additional 892,564 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of RR Donnelley & Sons by 859.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 530,891 shares of the business services provider’s stock worth $245,000 after purchasing an additional 475,578 shares during the period. Finally, Miller Value Partners LLC purchased a new position in shares of RR Donnelley & Sons in the 2nd quarter worth about $1,201,000. Institutional investors own 81.57% of the company’s stock.
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About RR Donnelley & Sons
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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