Quad/Graphics, Inc. (NYSE:QUAD) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. reduced its holdings in Quad/Graphics, Inc. (NYSE:QUAD) by 7.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 751,873 shares of the business services provider’s stock after selling 61,102 shares during the period. Great Valley Advisor Group Inc. owned about 1.44% of Quad/Graphics worth $3,414,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Empowered Funds LLC grew its holdings in Quad/Graphics by 5.4% in the third quarter. Empowered Funds LLC now owns 279,486 shares of the business services provider’s stock valued at $1,269,000 after purchasing an additional 14,204 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of Quad/Graphics by 125.4% in the third quarter. Harbor Capital Advisors Inc. now owns 72,538 shares of the business services provider’s stock valued at $329,000 after acquiring an additional 40,363 shares in the last quarter. PFG Investments LLC lifted its position in shares of Quad/Graphics by 17.3% in the third quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock valued at $278,000 after acquiring an additional 9,025 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Quad/Graphics by 3.5% in the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after acquiring an additional 7,914 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Quad/Graphics in the third quarter valued at approximately $54,000. 39.52% of the stock is owned by institutional investors and hedge funds.

Quad/Graphics Stock Performance

Shares of Quad/Graphics stock opened at $7.01 on Monday. Quad/Graphics, Inc. has a one year low of $4.06 and a one year high of $7.94. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The business’s 50 day moving average price is $5.79 and its 200 day moving average price is $5.28.

Quad/Graphics (NYSE:QUAD) last posted its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. The company had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same quarter last year, the firm earned $0.11 earnings per share. As a group, research analysts forecast that Quad/Graphics, Inc. will post 0.84 earnings per share for the current fiscal year.

Quad/Graphics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 2.85%. Quad/Graphics’s dividend payout ratio (DPR) is -12.12%.

Analysts Set New Price Targets

QUAD has been the topic of several research reports. Barrington Research raised their target price on Quad/Graphics from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. StockNews.com upgraded Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 26th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $7.60 price objective on shares of Quad/Graphics in a research report on Friday, October 25th.

About Quad/Graphics

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.