OxFORD Asset Management LLP Decreases Holdings in R.R. Donnelley & Sons Company (RRD)

OxFORD Asset Management LLP reduced its position in shares of R.R. Donnelley & Sons Company (NYSE:RRD) by 26.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,463 shares of the business services provider’s stock after selling 39,761 shares during the quarter. OxFORD Asset Management LLP owned about 0.16% of R.R. Donnelley & Sons worth $1,130,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Arizona State Retirement System boosted its stake in R.R. Donnelley & Sons by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 36,466 shares of the business services provider’s stock valued at $457,000 after purchasing an additional 100 shares in the last quarter. Caxton Associates LP boosted its stake in 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 valued at $196,000 after purchasing an additional 200 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of R.R. Donnelley & Sons by 1.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 22,612 shares of the business services provider’s stock valued at $282,000 after acquiring an additional 378 shares during the last quarter. Texas Permanent School Fund lifted its position in shares of R.R. Donnelley & Sons by 1.1% during the 2nd quarter. Texas Permanent School Fund now owns 51,114 shares of the business services provider’s stock valued at $641,000 after acquiring an additional 553 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in shares of R.R. Donnelley & Sons by 5.4% during the 2nd quarter. Royal Bank of Canada now owns 74,621 shares of the business services provider’s stock valued at $937,000 after acquiring an additional 3,811 shares during the last quarter. 85.61% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently commented on the company. TheStreet downgraded R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a research report on Thursday, October 26th. BidaskClub upgraded R.R. Donnelley & Sons from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 13th. Finally, ValuEngine upgraded R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

Shares of R.R. Donnelley & Sons Company (RRD) opened at $9.29 on Thursday. R.R. Donnelley & Sons Company has a 52-week low of $7.15 and a 52-week high of $18.52. The company has a market capitalization of $640.01, a price-to-earnings ratio of 10.26 and a beta of 1.98. The company has a debt-to-equity ratio of -13.69, a quick ratio of 1.19 and a current ratio of 1.50.

R.R. Donnelley & Sons (NYSE:RRD) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.73 billion for the quarter. During the same period in the previous year, the business earned $1.07 EPS. sell-side analysts forecast that R.R. Donnelley & Sons Company will post 1.17 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.03%. R.R. Donnelley & Sons’s dividend payout ratio (DPR) is presently -7.92%.

WARNING: “OxFORD Asset Management LLP Decreases Holdings in R.R. Donnelley & Sons Company (RRD)” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://sportsperspectives.com/2017/12/21/oxford-asset-management-llp-decreases-holdings-in-r-r-donnelley-sons-company-rrd.html.

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.

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

Receive News & Ratings for R.R. Donnelley & Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for R.R. Donnelley & Sons and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply