Insider Selling: Quad/Graphics, Inc. (QUAD) COO Sells $616,844.34 in Stock
Quad/Graphics, Inc. (NYSE:QUAD) COO Thomas J. Frankowski sold 28,518 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $21.63, for a total value of $616,844.34. Following the completion of the sale, the chief operating officer now directly owns 220,489 shares in the company, valued at $4,769,177.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Quad/Graphics, Inc. (QUAD) traded down $0.02 on Friday, reaching $22.51. 377,800 shares of the company were exchanged, compared to its average volume of 264,016. Quad/Graphics, Inc. has a twelve month low of $18.16 and a twelve month high of $29.04. The firm has a market cap of $1,160.00, a price-to-earnings ratio of 11.23 and a beta of 1.51. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.82 and a current ratio of 1.24.
Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.05. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. Quad/Graphics had a net margin of 1.97% and a return on equity of 17.18%. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 5.33%. The ex-dividend date is Friday, November 17th. Quad/Graphics’s payout ratio is currently 68.97%.
A number of research analysts have commented on the stock. TheStreet upgraded shares of Quad/Graphics from a “c” rating to a “b-” rating in a research note on Tuesday, October 31st. BidaskClub upgraded shares of Quad/Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Pacad Investment Ltd. grew its holdings in Quad/Graphics by 160.0% in the second quarter. Pacad Investment Ltd. now owns 5,200 shares of the business services provider’s stock worth $119,000 after purchasing an additional 3,200 shares during the period. Creative Planning grew its holdings in shares of Quad/Graphics by 17.5% during 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 during the last quarter. Legal & General Group Plc grew its holdings in shares of Quad/Graphics by 11.5% during the second quarter. Legal & General Group Plc now owns 7,852 shares of the business services provider’s stock valued at $180,000 after buying an additional 809 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of Quad/Graphics by 639.5% in the second quarter. Quantbot Technologies LP now owns 8,527 shares of the business services provider’s stock worth $195,000 after purchasing an additional 7,374 shares in the last quarter. Finally, ARP Americas LLC purchased a new position in shares of Quad/Graphics in the second quarter worth about $214,000. Institutional investors own 49.56% of the company’s stock.
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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.
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