RR Donnelley & Sons Co (NYSE:RRD) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus price target of $8.00 for the company, according to Zacks. Zacks has also assigned RR Donnelley & Sons an industry rank of 179 out of 256 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded shares of RR Donnelley & Sons from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th.

In related news, major shareholder Chatham Asset Management, Llc purchased 650,000 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were bought at an average price of $2.20 per share, with a total value of $1,430,000.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have bought 1,934,000 shares of company stock valued at $4,127,960. 1.07% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA raised its holdings in RR Donnelley & Sons by 55.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 22,308 shares of the business services provider’s stock valued at $105,000 after acquiring an additional 7,968 shares during the period. SG Americas Securities LLC grew its position in shares of RR Donnelley & Sons by 73.2% in the first quarter. SG Americas Securities LLC now owns 71,940 shares of the business services provider’s stock valued at $340,000 after purchasing an additional 30,393 shares in the last quarter. Everence Capital Management Inc. raised its stake in shares of RR Donnelley & Sons by 160.7% during the 1st quarter. Everence Capital Management Inc. now owns 30,530 shares of the business services provider’s stock valued at $144,000 after purchasing an additional 18,820 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in shares of RR Donnelley & Sons during the 1st quarter valued at $564,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in RR Donnelley & Sons by 14.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 146,496 shares of the business services provider’s stock worth $691,000 after purchasing an additional 18,864 shares in the last quarter. Institutional investors own 86.95% of the company’s stock.

RRD stock traded up $0.41 during midday trading on Friday, reaching $3.49. 3,527,500 shares of the stock were exchanged, compared to its average volume of 1,008,267. The stock has a market capitalization of $198.24 million, a PE ratio of 4.99 and a beta of 1.59. RR Donnelley & Sons has a 52 week low of $1.67 and a 52 week high of $6.76. The company has a fifty day moving average price of $2.15 and a 200 day moving average price of $3.19.

RR Donnelley & Sons (NYSE:RRD) last issued its earnings results on Tuesday, July 30th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.12. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. RR Donnelley & Sons had a negative net margin of 0.07% and a negative return on equity of 23.01%. RR Donnelley & Sons’s revenue was down 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) earnings per share. As a group, sell-side analysts expect that RR Donnelley & Sons will post 0.66 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Wednesday, August 14th. RR Donnelley & Sons’s dividend payout ratio is currently 17.14%.

About RR Donnelley & Sons

R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.

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