Quad Graphics, Inc (QUAD) Upgraded at TheStreet

Quad Graphics, Inc (NYSE:QUAD) was upgraded by research analysts at TheStreet from a “c” rating to a “b-” rating in a note issued to investors on Tuesday.

Separately, BidaskClub upgraded Quad Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th.

Quad Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Quad Graphics had a return on equity of 22.02% and a net margin of 2.15%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the business posted $0.48 EPS. Quad Graphics’s revenue for the quarter was down 4.8% on a year-over-year basis.

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In related news, Director Douglas P. Buth bought 2,600 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were acquired at an average price of $18.74 per share, with a total value of $48,724.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 12.05% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Quad Graphics by 9.2% during the second quarter. Vanguard Group Inc. now owns 5,187,942 shares of the business services provider’s stock worth $118,908,000 after acquiring an additional 439,129 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Quad Graphics by 2.6% during the second quarter. JPMorgan Chase & Co. now owns 1,759,412 shares of the business services provider’s stock worth $40,326,000 after acquiring an additional 44,078 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Quad Graphics by 2.0% during the second quarter. Dimensional Fund Advisors LP now owns 972,723 shares of the business services provider’s stock worth $22,295,000 after acquiring an additional 18,973 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Quad Graphics by 19.0% during the second quarter. Advisors Asset Management Inc. now owns 966,798 shares of the business services provider’s stock worth $22,159,000 after acquiring an additional 154,576 shares during the last quarter. Finally, State Street Corp increased its stake in Quad Graphics by 4.4% during the second quarter. State Street Corp now owns 754,353 shares of the business services provider’s stock worth $17,293,000 after acquiring an additional 31,758 shares during the last quarter. Hedge funds and other institutional investors own 51.27% of the company’s stock.

About Quad Graphics

Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.

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