Quad/Graphics, Inc. (NYSE:QUAD) insider David A. Blais sold 17,213 shares of the company’s stock in a transaction dated Friday, March 24th. The stock was sold at an average price of $23.80, for a total transaction of $409,669.40. Following the completion of the sale, the insider now directly owns 123,968 shares of the company’s stock, valued at $2,950,438.40. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Quad/Graphics, Inc. (NYSE:QUAD) opened at 22.10 on Tuesday. The firm has a 50-day moving average of $25.49 and a 200-day moving average of $25.80. The company has a market capitalization of $1.15 billion, a P/E ratio of 24.56 and a beta of 1.53. Quad/Graphics, Inc. has a 12 month low of $11.83 and a 12 month high of $29.50.
Quad/Graphics (NYSE:QUAD) last posted its earnings results on Tuesday, February 21st. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.04. Quad/Graphics had a negative net margin of 0.04% and a positive return on equity of 17.04%. The firm earned $1.20 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same period last year, the company posted $0.64 EPS. The company’s quarterly revenue was down 8.8% compared to the same quarter last year. On average, equities analysts predict that Quad/Graphics, Inc. will post $1.68 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 10th. Stockholders of record on Monday, February 27th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 23rd. This represents a $1.20 annualized dividend and a dividend yield of 5.43%. Quad/Graphics’s dividend payout ratio is -1,999.67%.
Large investors have recently bought and sold shares of the company. Norges Bank bought a new stake in Quad/Graphics during the fourth quarter valued at approximately $3,625,000. Guggenheim Capital LLC boosted its stake in Quad/Graphics by 62.2% in the fourth quarter. Guggenheim Capital LLC now owns 57,739 shares of the company’s stock valued at $1,552,000 after buying an additional 22,131 shares in the last quarter. A.R.T. Advisors LLC boosted its stake in Quad/Graphics by 458.4% in the fourth quarter. A.R.T. Advisors LLC now owns 64,777 shares of the company’s stock valued at $1,741,000 after buying an additional 53,177 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Quad/Graphics by 23.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,825,400 shares of the company’s stock valued at $49,067,000 after buying an additional 349,800 shares in the last quarter. Finally, Allianz Asset Management AG boosted its stake in Quad/Graphics by 76.7% in the fourth quarter. Allianz Asset Management AG now owns 83,656 shares of the company’s stock valued at $2,248,000 after buying an additional 36,317 shares in the last quarter. 49.79% of the stock is owned by hedge funds and other institutional investors.
A number of brokerages have issued reports on QUAD. TheStreet raised shares of Quad/Graphics from a “c” rating to a “b-” rating in a research report on Monday, February 27th. Macquarie downgraded shares of Quad/Graphics from an “outperform” rating to a “neutral” rating in a research report on Thursday, December 1st.
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.
Receive News & Ratings for Quad/Graphics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quad/Graphics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.