Inspire Investing LLC Makes New Investment in Quad Graphics, Inc $QUAD

Inspire Investing LLC bought a new stake in Quad Graphics, Inc (NYSE:QUAD) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 252,887 shares of the business services provider’s stock, valued at approximately $1,672,000. Inspire Investing LLC owned 0.48% of Quad Graphics at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in Quad Graphics in the 1st quarter worth about $2,101,000. Zacks Investment Management purchased a new stake in Quad Graphics during the third quarter valued at about $1,426,000. Segall Bryant & Hamill LLC boosted its position in Quad Graphics by 49.5% during the fourth quarter. Segall Bryant & Hamill LLC now owns 462,898 shares of the business services provider’s stock worth $2,902,000 after purchasing an additional 153,172 shares during the period. Millennium Management LLC boosted its position in Quad Graphics by 103.5% during the fourth quarter. Millennium Management LLC now owns 278,498 shares of the business services provider’s stock worth $1,746,000 after purchasing an additional 141,648 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Quad Graphics by 53.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 370,504 shares of the business services provider’s stock worth $2,093,000 after purchasing an additional 128,656 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Stock Up 0.1%

Shares of NYSE QUAD opened at $8.43 on Wednesday. Quad Graphics, Inc has a 52 week low of $5.01 and a 52 week high of $8.64. The business has a 50-day simple moving average of $7.56 and a two-hundred day simple moving average of $6.91. The company has a quick ratio of 0.65, a current ratio of 0.94 and a debt-to-equity ratio of 3.04. The company has a market cap of $434.44 million, a P/E ratio of 15.05 and a beta of 1.15.

Quad Graphics (NYSE:QUAD) last posted its earnings results on Tuesday, April 28th. The business services provider reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%.The business had revenue of $581.00 million during the quarter, compared to analyst estimates of $581.07 million. Research analysts anticipate that Quad Graphics, Inc will post 1.2 earnings per share for the current fiscal year.

Quad Graphics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Thursday, May 21st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, May 21st. Quad Graphics’s dividend payout ratio is 71.43%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on QUAD. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Monday, April 27th. Wall Street Zen raised shares of Quad Graphics from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 29th. Finally, Benchmark assumed coverage on shares of Quad Graphics in a research note on Tuesday, April 7th. They issued a “buy” rating and a $10.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.93.

Quad Graphics Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.