Quad Graphics, Inc (QUAD) Lowered to C+ at TheStreet

Quad Graphics, Inc (NYSE:QUAD) was downgraded by TheStreet from a “b-” rating to a “c+” rating in a report issued on Friday, August 4th.

Separately, BidaskClub raised Quad Graphics from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th.

Quad Graphics (NYSE:QUAD) opened at 18.35 on Friday. The stock has a market cap of $954.95 million, a price-to-earnings ratio of 11.80 and a beta of 1.39. Quad Graphics has a 12-month low of $18.16 and a 12-month high of $29.04. The stock’s 50 day moving average price is $21.37 and its 200 day moving average price is $23.69.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.24 EPS for the quarter, beating the consensus estimate of $0.13 by $0.11. The firm had revenue of $963.20 million during the quarter, compared to analysts’ expectations of $985.85 million. Quad Graphics had a return on equity of 22.79% and a net margin of 1.92%. The company’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 EPS. Analysts forecast that Quad Graphics will post $1.79 EPS for the current fiscal year.

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In other Quad Graphics news, Director Kathryn Quadracci Flores sold 115,000 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $22.42, for a total value of $2,578,300.00. Following the transaction, the director now directly owns 166,241 shares in the company, valued at approximately $3,727,123.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Douglas P. Buth acquired 2,600 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was purchased at an average price of $18.74 per share, for a total transaction of $48,724.00. The disclosure for this purchase can be found here. Corporate insiders own 12.05% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in QUAD. Vanguard Group Inc. raised its position in shares of Quad Graphics by 20.9% in the first quarter. Vanguard Group Inc. now owns 4,748,813 shares of the business services provider’s stock worth $119,860,000 after buying an additional 821,439 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Quad Graphics by 52.3% in the first quarter. Advisors Asset Management Inc. now owns 812,222 shares of the business services provider’s stock worth $20,500,000 after buying an additional 278,843 shares during the last quarter. LSV Asset Management raised its position in shares of Quad Graphics by 1,035.0% in the second quarter. LSV Asset Management now owns 295,100 shares of the business services provider’s stock worth $6,763,000 after buying an additional 269,100 shares during the last quarter. OxFORD Asset Management LLP raised its position in shares of Quad Graphics by 558.5% in the second quarter. OxFORD Asset Management LLP now owns 280,160 shares of the business services provider’s stock worth $6,421,000 after buying an additional 237,617 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Quad Graphics by 55.5% in the first quarter. Nuveen Asset Management LLC now owns 578,303 shares of the business services provider’s stock worth $14,596,000 after buying an additional 206,484 shares during the last quarter. Hedge funds and other institutional investors own 52.78% of the company’s stock.

Quad Graphics Company Profile

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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