Quad Graphics, Inc (NYSE:QUAD) Shares Bought by Nisa Investment Advisors LLC
Nisa Investment Advisors LLC raised its position in shares of Quad Graphics, Inc (NYSE:QUAD) by 0.7% during the second quarter, Holdings Channel reports. The institutional investor owned 29,070 shares of the business services provider’s stock after buying an additional 210 shares during the period. Nisa Investment Advisors LLC’s holdings in Quad Graphics were worth $654,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. James Investment Research Inc. boosted its stake in shares of Quad Graphics by 10.8% in the second quarter. James Investment Research Inc. now owns 80,610 shares of the business services provider’s stock valued at $1,847,000 after buying an additional 7,845 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Quad Graphics by 403.2% in the second quarter. Meeder Asset Management Inc. now owns 4,695 shares of the business services provider’s stock valued at $107,000 after buying an additional 3,762 shares in the last quarter. Creative Planning boosted its stake in shares of Quad Graphics by 17.5% in the second quarter. Creative Planning now owns 6,715 shares of the business services provider’s stock valued at $154,000 after buying an additional 1,000 shares in the last quarter. NN Investment Partners Holdings N.V. purchased a new stake in shares of Quad Graphics during the second quarter valued at $357,000. Finally, Bank of Montreal Can boosted its stake in shares of Quad Graphics by 6.4% in the second quarter. Bank of Montreal Can now owns 91,000 shares of the business services provider’s stock valued at $2,086,000 after buying an additional 5,500 shares in the last quarter. 52.19% of the stock is owned by institutional investors and hedge funds.
Shares of Quad Graphics, Inc (QUAD) traded up 1.90% during mid-day trading on Tuesday, reaching $19.29. The company’s stock had a trading volume of 155,314 shares. Quad Graphics, Inc has a 12 month low of $19.11 and a 12 month high of $29.50. The firm has a market cap of $954.86 million, a PE ratio of 12.41 and a beta of 1.39. The company has a 50-day moving average of $22.70 and a 200-day moving average of $24.33.
Quad Graphics (NYSE:QUAD) last issued its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.11. Quad Graphics had a return on equity of 22.79% and a net margin of 1.92%. The company had revenue of $963.20 million during the quarter, compared to the consensus estimate of $985.85 million. During the same period last year, the company earned $0.03 earnings per share. The firm’s revenue was down 6.7% compared to the same quarter last year. On average, analysts predict that Quad Graphics, Inc will post $1.79 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, August 21st will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.34%. Quad Graphics’s dividend payout ratio (DPR) is 76.43%.
QUAD has been the subject of several recent research reports. BidaskClub raised Quad Graphics from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. TheStreet cut Quad Graphics from a “b-” rating to a “c+” rating in a report on Friday.
In other news, Director Kathryn Quadracci Flores sold 115,000 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $22.42, for a total transaction of $2,578,300.00. Following the completion of the transaction, the director now directly owns 166,241 shares in the company, valued at $3,727,123.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Douglas P. Buth acquired 2,600 shares of the stock in a transaction dated Friday, August 4th. The shares were bought at an average price of $18.74 per share, with a total value of $48,724.00. The disclosure for this purchase can be found here. 9.28% of the stock is owned by company insiders.
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.
Want to see what other hedge funds are holding QUAD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Quad Graphics, Inc (NYSE:QUAD).
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.