Exchange Traded Concepts LLC Has $1.74 Million Stock Holdings in Quad/Graphics, Inc. (NYSE:QUAD)

Exchange Traded Concepts LLC raised its stake in shares of Quad/Graphics, Inc. (NYSE:QUAD) by 7.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 250,262 shares of the business services provider’s stock after buying an additional 17,263 shares during the period. Exchange Traded Concepts LLC owned about 0.48% of Quad/Graphics worth $1,744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Quad/Graphics during the third quarter valued at $54,000. FMR LLC grew its stake in shares of Quad/Graphics by 1,103.6% in the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after buying an additional 20,218 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of Quad/Graphics by 20.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after buying an additional 4,023 shares in the last quarter. Stifel Financial Corp lifted its stake in Quad/Graphics by 61.9% in the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock valued at $141,000 after acquiring an additional 11,874 shares during the last quarter. Finally, Barclays PLC grew its position in Quad/Graphics by 323.3% in the third quarter. Barclays PLC now owns 42,763 shares of the business services provider’s stock worth $195,000 after acquiring an additional 32,661 shares in the last quarter. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad/Graphics Price Performance

NYSE QUAD opened at $6.83 on Monday. The stock has a 50-day simple moving average of $7.26 and a 200 day simple moving average of $5.98. Quad/Graphics, Inc. has a twelve month low of $4.06 and a twelve month high of $9.13. The stock has a market capitalization of $355.72 million, a PE ratio of -4.14 and a beta of 1.59. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The firm had revenue of $674.80 million for the quarter, compared to analyst estimates 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 period in the previous year, the company posted $0.11 earnings per share. Research analysts anticipate that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Tuesday, November 26th. Rosenblatt Securities upped their price target on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, StockNews.com downgraded Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 22nd.

Quad/Graphics Company 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.