R.R. Donnelley & Sons Company (RRD) Position Cut by Magnetar Financial LLC

Magnetar Financial LLC trimmed its position in R.R. Donnelley & Sons Company (NYSE:RRD) by 34.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,061 shares of the business services provider’s stock after selling 7,278 shares during the quarter. Magnetar Financial LLC’s holdings in R.R. Donnelley & Sons were worth $145,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Aperio Group LLC grew its stake in shares of R.R. Donnelley & Sons by 100.2% during the second quarter. Aperio Group LLC now owns 44,826 shares of the business services provider’s stock worth $562,000 after buying an additional 22,432 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of R.R. Donnelley & Sons by 171.7% during the second quarter. Russell Investments Group Ltd. now owns 199,592 shares of the business services provider’s stock worth $2,502,000 after buying an additional 126,135 shares during the last quarter. Great West Life Assurance Co. Can grew its stake in shares of R.R. Donnelley & Sons by 4.4% during the second quarter. Great West Life Assurance Co. Can now owns 100,409 shares of the business services provider’s stock worth $1,259,000 after buying an additional 4,200 shares during the last quarter. Texas Permanent School Fund grew its stake in shares of R.R. Donnelley & Sons by 1.1% during the second quarter. Texas Permanent School Fund now owns 51,114 shares of the business services provider’s stock worth $641,000 after buying an additional 553 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in shares of R.R. Donnelley & Sons by 107.8% during the second quarter. Canada Pension Plan Investment Board now owns 264,434 shares of the business services provider’s stock worth $3,316,000 after buying an additional 137,200 shares during the last quarter. 85.61% of the stock is currently owned by institutional investors and hedge funds.

Shares of R.R. Donnelley & Sons Company (RRD) opened at $9.46 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.50 and a debt-to-equity ratio of -13.69. R.R. Donnelley & Sons Company has a one year low of $7.15 and a one year high of $18.52. The firm has a market cap of $645.27, a price-to-earnings ratio of 10.34 and a beta of 1.98.

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 for the quarter, missing the consensus estimate of $0.37 by ($0.07). R.R. Donnelley & Sons had a negative return on equity of 42.52% and a negative net margin of 7.15%. The business had revenue of $1.73 billion during the quarter. During the same quarter last year, the company posted $1.07 earnings per share. analysts forecast that R.R. Donnelley & Sons Company will post 1.17 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were paid a $0.14 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.56 annualized dividend and a dividend yield of 5.92%. R.R. Donnelley & Sons’s dividend payout ratio is -7.92%.

RRD has been the topic of a number of research reports. ValuEngine raised shares of R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub raised shares of R.R. Donnelley & Sons from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 13th. Finally, TheStreet cut shares of R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a research note on Thursday, October 26th.

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R.R. Donnelley & Sons Profile

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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