Stevens Capital Management LP Sells 24,173 Shares of R.R. Donnelley & Sons Company (RRD)

Stevens Capital Management LP reduced its position in shares of R.R. Donnelley & Sons Company (NYSE:RRD) by 49.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,787 shares of the business services provider’s stock after selling 24,173 shares during the quarter. Stevens Capital Management LP’s holdings in R.R. Donnelley & Sons were worth $255,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Acadian Asset Management LLC acquired a new position in shares of R.R. Donnelley & Sons during the 2nd quarter worth about $117,000. Nisa Investment Advisors LLC grew its position in shares of R.R. Donnelley & Sons by 229.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 12,199 shares of the business services provider’s stock worth $151,000 after buying an additional 8,500 shares during the period. Piedmont Investment Advisors LLC acquired a new position in shares of R.R. Donnelley & Sons during the 2nd quarter worth about $190,000. Caxton Associates LP grew its position in shares of R.R. Donnelley & Sons by 1.3% during the 2nd quarter. Caxton Associates LP now owns 15,600 shares of the business services provider’s stock worth $196,000 after buying an additional 200 shares during the period. Finally, Stoneridge Investment Partners LLC acquired a new position in shares of R.R. Donnelley & Sons during the 2nd quarter worth about $247,000. 89.51% of the stock is owned by hedge funds and other institutional investors.

R.R. Donnelley & Sons Company (NYSE:RRD) opened at $8.11 on Tuesday. The company has a debt-to-equity ratio of -13.69, a current ratio of 1.50 and a quick ratio of 1.19. R.R. Donnelley & Sons Company has a 12-month low of $7.15 and a 12-month high of $18.52. The stock has a market capitalization of $556.59, a P/E ratio of 8.92 and a beta of 1.99.

R.R. Donnelley & Sons (NYSE:RRD) last issued its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.07). R.R. Donnelley & Sons had a negative net margin of 7.15% and a negative return on equity of 42.52%. The business had revenue of $1.73 billion during the quarter. During the same period in the previous year, the company earned $1.07 EPS. research analysts anticipate that R.R. Donnelley & Sons Company will post 1.17 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.56 annualized dividend and a dividend yield of 6.91%. R.R. Donnelley & Sons’s dividend payout ratio is presently -7.92%.

Several equities analysts have recently issued reports on the company. BidaskClub lowered R.R. Donnelley & Sons from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. ValuEngine upgraded R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, TheStreet lowered R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a research report on Thursday, October 26th.

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About R.R. Donnelley & Sons

R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations.

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Institutional Ownership by Quarter for R.R. Donnelley & Sons (NYSE:RRD)

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