Heartland Advisors Inc. Makes New Investment in Quad/Graphics, Inc. (NYSE:QUAD)

Heartland Advisors Inc. bought a new position in Quad/Graphics, Inc. (NYSE:QUAD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 300,000 shares of the business services provider's stock, valued at approximately $2,091,000. Heartland Advisors Inc. owned about 0.58% of Quad/Graphics at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QUAD. JPMorgan Chase & Co. grew its position in Quad/Graphics by 467.6% in the 4th quarter. JPMorgan Chase & Co. now owns 80,250 shares of the business services provider's stock valued at $559,000 after acquiring an additional 66,111 shares during the last quarter. Virtu Financial LLC bought a new position in Quad/Graphics in the 4th quarter worth about $116,000. Semanteon Capital Management LP purchased a new position in Quad/Graphics during the 4th quarter worth $249,000. HighTower Advisors LLC purchased a new position in shares of Quad/Graphics during the fourth quarter valued at $847,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Quad/Graphics by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 83,705 shares of the business services provider's stock valued at $583,000 after acquiring an additional 2,234 shares in the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

Quad/Graphics Stock Up 1.4 %

Shares of QUAD stock traded up $0.08 during mid-day trading on Wednesday, hitting $5.61. 80,725 shares of the stock traded hands, compared to its average volume of 223,725. Quad/Graphics, Inc. has a 52-week low of $2.92 and a 52-week high of $9.13. The stock has a market cap of $293.67 million, a P/E ratio of -5.15 and a beta of 1.76. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. The stock's fifty day moving average is $6.31 and its two-hundred day moving average is $6.43.

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Quad/Graphics (NYSE:QUAD - Get Free Report) last posted its earnings results on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.02). The firm had revenue of $708.40 million for the quarter, compared to analysts' expectations of $726.70 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. Equities analysts predict that Quad/Graphics, Inc. will post 1.08 EPS for the current year.

Quad/Graphics Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.075 per share. This is a positive change from Quad/Graphics's previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a yield of 5.35%. The ex-dividend date of this dividend was Friday, February 28th. Quad/Graphics's dividend payout ratio is currently -27.52%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Rosenblatt Securities reissued a "buy" rating and set a $10.30 target price on shares of Quad/Graphics in a research report on Tuesday, February 18th. Barrington Research reissued an "outperform" rating and set a $10.00 price objective on shares of Quad/Graphics in a report on Friday, February 21st. Finally, StockNews.com upgraded Quad/Graphics from a "buy" rating to a "strong-buy" rating in a report on Wednesday.

About Quad/Graphics

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.