D Orazio & Associates Inc. Cuts Stake in Quad/Graphics, Inc. (NYSE:QUAD)

D Orazio & Associates Inc. cut its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 28.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,117 shares of the business services provider’s stock after selling 5,280 shares during the quarter. D Orazio & Associates Inc.’s holdings in Quad/Graphics were worth $60,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in QUAD. Harbor Capital Advisors Inc. lifted its stake in shares of Quad/Graphics by 125.4% in the 3rd 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 during the last quarter. PFG Investments LLC raised its holdings in Quad/Graphics by 17.3% during the 3rd quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock valued at $278,000 after buying an additional 9,025 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in Quad/Graphics by 3.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after buying an additional 7,914 shares during the period. SG Americas Securities LLC bought a new stake in Quad/Graphics in the 3rd quarter worth $54,000. Finally, Cubist Systematic Strategies LLC increased its position in shares of Quad/Graphics by 20.7% in the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after acquiring an additional 4,023 shares during the period. 39.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Quad/Graphics Stock Up 1.5 %

Shares of Quad/Graphics stock opened at $7.56 on Thursday. Quad/Graphics, Inc. has a twelve month low of $4.06 and a twelve month high of $7.94. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The company’s 50 day moving average is $5.41 and its 200 day moving average is $5.16. The company has a market cap of $394.03 million, a price-to-earnings ratio of -4.58 and a beta of 1.57.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates 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 in the prior year, the business earned $0.11 earnings per share. Research analysts anticipate that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 2.65%. Quad/Graphics’s dividend payout ratio is currently -12.12%.

Quad/Graphics Profile

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.