Quad/Graphics' (QUAD) "Buy" Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Quad/Graphics (NYSE:QUAD - Free Report) in a research note released on Tuesday,Benzinga reports. They currently have a $10.30 target price on the business services provider's stock.

Several other analysts have also commented on the company. StockNews.com lowered Quad/Graphics from a "strong-buy" rating to a "buy" rating in a report on Friday, January 31st. Barrington Research reissued an "outperform" rating and issued a $10.00 target price on shares of Quad/Graphics in a research report on Tuesday, November 26th.

Quad/Graphics Stock Down 8.2 %

Quad/Graphics stock traded down $0.54 during mid-day trading on Tuesday, reaching $6.01. 522,881 shares of the company were exchanged, compared to its average volume of 277,094. The business has a fifty day moving average of $7.00 and a 200 day moving average of $6.18. 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 firm has a market cap of $312.98 million, a P/E ratio of -5.51 and a beta of 1.57. Quad/Graphics has a 12-month low of $4.06 and a 12-month high of $9.13.

Quad/Graphics (NYSE:QUAD - Get Free Report) last issued 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). Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. The business had revenue of $708.40 million for the quarter, compared to analysts' expectations of $726.70 million. Research analysts anticipate that Quad/Graphics will post 1.08 earnings per share for the current fiscal year.

Quad/Graphics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.075 per share. This is an increase from Quad/Graphics's previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a yield of 5.00%. The ex-dividend date is Friday, February 28th. Quad/Graphics's dividend payout ratio (DPR) is currently -18.35%.

Institutional Investors Weigh In On Quad/Graphics

A number of institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its position in shares of Quad/Graphics by 4.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,246 shares of the business services provider's stock valued at $260,000 after acquiring an additional 1,629 shares during the period. SG Americas Securities LLC lifted its stake in Quad/Graphics by 16.1% in the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider's stock valued at $97,000 after buying an additional 1,922 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Quad/Graphics by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 83,705 shares of the business services provider's stock valued at $583,000 after buying an additional 2,234 shares in the last quarter. Martingale Asset Management L P lifted its stake in Quad/Graphics by 5.4% in the 3rd quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider's stock valued at $425,000 after buying an additional 4,808 shares in the last quarter. Finally, Brandywine Global Investment Management LLC lifted its stake in Quad/Graphics by 27.5% in the 4th quarter. Brandywine Global Investment Management LLC now owns 23,080 shares of the business services provider's stock valued at $161,000 after buying an additional 4,980 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad/Graphics Company 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.