Shares of Lexmark International Inc. (NYSE:LXK) were down 0.9% during mid-day trading on Monday . The company traded as low as $34.69 and last traded at $34.72, with a volume of 172,601 shares traded. The stock had previously closed at $35.02.

A number of analysts have recently issued reports on LXK shares. Standpoint Research downgraded shares of Lexmark International from a “buy” rating to a “hold” rating in a report on Wednesday, April 20th. Morgan Stanley raised shares of Lexmark International from an “underweight” rating to an “equal weight” rating and set a $40.50 price objective for the company in a report on Friday, April 22nd. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Lexmark International in a report on Thursday, April 28th. Finally, Zacks Investment Research downgraded shares of Lexmark International from a “hold” rating to a “strong sell” rating in a report on Monday, August 8th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $34.70.

The firm has a 50 day moving average of $36.85 and a 200-day moving average of $34.82. The firm’s market capitalization is $2.19 billion.

Lexmark International (NYSE:LXK) last released its quarterly earnings data on Friday, July 29th. The company reported $0.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.06. During the same quarter last year, the business earned $0.97 EPS. The business had revenue of $865 million for the quarter, compared to the consensus estimate of $855.23 million. On average, analysts anticipate that Lexmark International Inc. will post $2.38 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Friday, September 2nd will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $1.44 annualized dividend and a yield of 4.11%.

An institutional investor recently raised its position in Lexmark International stock. GSA Capital Partners LLP raised its stake in shares of Lexmark International Inc. (NYSE:LXK) by 124.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,026 shares of the company’s stock after buying an additional 17,186 shares during the period. GSA Capital Partners LLP owned 0.05% of Lexmark International worth $1,007,000 at the end of the most recent reporting period.

Lexmark International, Inc is a developer, manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow, and business process and content management solutions. The Company operates through two segments: Imaging Solutions and Services (ISS) and Enterprise Software.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.