Shares of R.R. Donnelley & Sons Company (NYSE:RRD) dropped 11.3% on Friday . The stock traded as low as $8.25 and last traded at $8.33. Approximately 1,933,566 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 1,171,244 shares. The stock had previously closed at $9.39.

RRD has been the subject of several analyst reports. BidaskClub cut shares of R.R. Donnelley & Sons from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. ValuEngine raised shares of R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, TheStreet cut shares of R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a research note on Thursday, October 26th.

The company has a current ratio of 1.50, a quick ratio of 1.19 and a debt-to-equity ratio of -13.69. The stock has a market cap of $584.24, a P/E ratio of 9.72 and a beta of 2.14.

R.R. Donnelley & Sons (NYSE:RRD) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.07). The firm had revenue of $1.73 billion for the quarter. During the same period in the previous year, the business posted $1.07 earnings per share. equities research analysts anticipate that R.R. Donnelley & Sons Company will post 1.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.72%. R.R. Donnelley & Sons’s payout ratio is currently -8.33%.

Large investors have recently bought and sold shares of the stock. Marshall Wace North America L.P. purchased a new position in shares of R.R. Donnelley & Sons during the 2nd quarter worth approximately $4,885,000. Northwestern Mutual Investment Management Company LLC purchased a new position in shares of R.R. Donnelley & Sons during the 2nd quarter worth approximately $612,000. Federated Investors Inc. PA boosted its position in shares of R.R. Donnelley & Sons by 10.1% during the 2nd quarter. Federated Investors Inc. PA now owns 522,474 shares of the business services provider’s stock worth $6,552,000 after purchasing an additional 48,043 shares during the period. Capital World Investors boosted its position in shares of R.R. Donnelley & Sons by 171.0% during the 2nd quarter. Capital World Investors now owns 7,209,765 shares of the business services provider’s stock worth $90,410,000 after purchasing an additional 4,548,853 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of R.R. Donnelley & Sons by 171.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 199,592 shares of the business services provider’s stock worth $2,502,000 after purchasing an additional 126,135 shares during the period. 85.93% of the stock is owned by hedge funds and other institutional investors.

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About R.R. Donnelley & Sons

R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations.

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