Quad/Graphics (NYSE:QUAD) Earns “Outperform” Rating from Barrington Research

Barrington Research reissued their outperform rating on shares of Quad/Graphics (NYSE:QUAD) in a report released on Friday morning,Benzinga reports. They currently have a $10.00 target price on the business services provider’s stock.

Several other equities analysts have also recently weighed in on the company. StockNews.com cut Quad/Graphics from a “strong-buy” rating to a “buy” rating in a report on Friday, January 31st. Rosenblatt Securities reiterated a “buy” rating and issued a $10.30 price target on shares of Quad/Graphics in a research note on Tuesday.

Quad/Graphics Price Performance

Shares of NYSE QUAD opened at $6.01 on Friday. The stock has a market capitalization of $312.98 million, a PE ratio of -5.51 and a beta of 1.57. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. The business has a fifty day moving average price of $7.00 and a two-hundred day moving average price of $6.18. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.02). The company had revenue of $708.40 million during the quarter, compared to analyst estimates of $726.70 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. As a group, equities analysts predict that Quad/Graphics will post 1.08 earnings per share for the current fiscal year.

Quad/Graphics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.075 dividend. This is a positive change from Quad/Graphics’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.30 annualized dividend and a dividend yield of 5.00%. Quad/Graphics’s dividend payout ratio (DPR) is presently -18.35%.

Hedge Funds Weigh In On Quad/Graphics

Several hedge funds and other institutional investors have recently modified their holdings of the business. Miller Value Partners LLC increased its stake in shares of Quad/Graphics by 33.7% in the 4th quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider’s stock valued at $17,551,000 after purchasing an additional 634,315 shares during the last quarter. Geode Capital Management LLC grew its position in Quad/Graphics by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 679,717 shares of the business services provider’s stock worth $4,739,000 after acquiring an additional 10,681 shares during the last quarter. State Street Corp grew its position in Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after acquiring an additional 10,431 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Quad/Graphics during the 4th quarter worth $2,091,000. Finally, Empowered Funds LLC grew its position in Quad/Graphics by 5.1% during the 4th quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider’s stock worth $2,048,000 after acquiring an additional 14,275 shares during the last quarter. Institutional investors own 39.52% of the company’s stock.

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.