Quad/Graphics, Inc. (NYSE:QUAD) Shares Sold by American Century Companies Inc.

American Century Companies Inc. decreased its holdings in shares of Quad/Graphics, Inc. (NYSE:QUAD - Free Report) by 57.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,608 shares of the business services provider's stock after selling 74,233 shares during the period. American Century Companies Inc. owned approximately 0.10% of Quad/Graphics worth $381,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider's stock worth $3,038,000 after purchasing an additional 15,220 shares during the last quarter. State Street Corp boosted its position in shares of Quad/Graphics by 2.0% in the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider's stock worth $2,447,000 after purchasing an additional 10,431 shares in the last quarter. Empowered Funds LLC increased its position in Quad/Graphics by 5.1% during the 4th quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider's stock valued at $2,048,000 after buying an additional 14,275 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Quad/Graphics by 171.3% in the fourth quarter. Bank of New York Mellon Corp now owns 293,552 shares of the business services provider's stock worth $2,046,000 after acquiring an additional 185,344 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in shares of Quad/Graphics by 7.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 250,262 shares of the business services provider's stock valued at $1,744,000 after acquiring an additional 17,263 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors.

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Quad/Graphics Price Performance

NYSE QUAD traded up $0.02 on Tuesday, reaching $5.17. The company had a trading volume of 260,167 shares, compared to its average volume of 230,418. The stock has a market capitalization of $270.43 million, a PE ratio of -4.74 and a beta of 1.52. The firm's 50 day moving average price is $5.88 and its 200 day moving average price is $6.45. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics, Inc. has a 12 month low of $4.06 and a 12 month high of $9.13.

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

Quad/Graphics Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.075 per share. This is a boost from Quad/Graphics's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.81%. Quad/Graphics's dividend payout ratio is currently -27.52%.

Analysts Set New Price Targets

QUAD has been the subject of several analyst reports. Rosenblatt Securities reissued a "buy" rating and set a $10.30 price target on shares of Quad/Graphics in a research report on Tuesday, February 18th. StockNews.com upgraded shares of Quad/Graphics from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, April 2nd. Finally, Barrington Research restated an "outperform" rating and set a $10.00 price target on shares of Quad/Graphics in a research note on Friday, February 21st.

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.