HighTower Advisors LLC Invests $847,000 in Quad/Graphics, Inc. (NYSE:QUAD)

HighTower Advisors LLC purchased a new stake in shares of Quad/Graphics, Inc. (NYSE:QUAD - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 121,461 shares of the business services provider's stock, valued at approximately $847,000. HighTower Advisors LLC owned 0.23% of Quad/Graphics as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC increased its holdings in Quad/Graphics by 1,103.6% during the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider's stock worth $100,000 after acquiring an additional 20,218 shares during the period. BNP Paribas Financial Markets grew its position in shares of Quad/Graphics by 450.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider's stock valued at $214,000 after purchasing an additional 38,588 shares in the last quarter. Martingale Asset Management L P increased its holdings in shares of Quad/Graphics by 5.4% in the third quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider's stock worth $425,000 after purchasing an additional 4,808 shares during the period. Stifel Financial Corp raised its position in shares of Quad/Graphics by 61.9% in the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider's stock worth $141,000 after buying an additional 11,874 shares in the last quarter. Finally, State Street Corp boosted its stake in Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider's stock valued at $2,447,000 after buying an additional 10,431 shares during the period. 39.52% of the stock is owned by hedge funds and other institutional investors.

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Quad/Graphics Price Performance

QUAD traded up $0.01 during trading on Monday, reaching $5.44. The stock had a trading volume of 254,477 shares, compared to its average volume of 224,492. The business has a 50-day moving average of $6.34 and a 200-day moving average of $6.42. Quad/Graphics, Inc. has a one year low of $4.06 and a one year high of $9.13. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The stock has a market cap of $284.93 million, a PE ratio of -4.99 and a beta of 1.76.

Quad/Graphics (NYSE:QUAD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.02). The firm had revenue of $708.40 million for the quarter, compared to the consensus estimate of $726.70 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. As a group, equities research analysts anticipate that Quad/Graphics, Inc. will post 1.08 EPS for the current fiscal year.

Quad/Graphics Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.51%. This is a positive change from Quad/Graphics's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 28th. Quad/Graphics's payout ratio is presently -27.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Rosenblatt Securities restated a "buy" rating and issued a $10.30 target price on shares of Quad/Graphics in a research note on Tuesday, February 18th. StockNews.com upgraded shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a research report on Thursday, March 20th. Finally, Barrington Research reiterated an "outperform" rating and set a $10.00 target price on shares of Quad/Graphics in a research report on Friday, February 21st.

Quad/Graphics Profile

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.