Quad/Graphics (NYSE:QUAD) Shares Up 8.4%

Quad/Graphics, Inc. (NYSE:QUAD)’s stock price shot up 8.4% on Wednesday . The company traded as high as $5.21 and last traded at $5.16, 395,400 shares were traded during trading. An increase of 18% from the average session volume of 334,604 shares. The stock had previously closed at $4.76.

A number of brokerages recently weighed in on QUAD. Zacks Investment Research upgraded shares of Quad/Graphics from a “sell” rating to a “buy” rating and set a $5.50 price target for the company in a research note on Tuesday, January 7th. TheStreet cut shares of Quad/Graphics from a “c-” rating to a “d+” rating in a research note on Friday, November 1st. Finally, Buckingham Research decreased their price target on shares of Quad/Graphics from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, December 20th.

The stock has a market cap of $259.22 million, a price-to-earnings ratio of -1.35 and a beta of 1.58. The stock’s 50 day moving average is $4.74 and its two-hundred day moving average is $7.08. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 4.95.

In other Quad/Graphics news, COO Thomas J. Frankowski purchased 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average price of $4.30 per share, for a total transaction of $47,300.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 10.85% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the stock. First Trust Advisors LP increased its position in shares of Quad/Graphics by 2.3% during the first quarter. First Trust Advisors LP now owns 55,889 shares of the business services provider’s stock worth $665,000 after acquiring an additional 1,280 shares during the period. Bank of America Corp DE increased its position in shares of Quad/Graphics by 28.0% during the second quarter. Bank of America Corp DE now owns 409,462 shares of the business services provider’s stock worth $3,238,000 after acquiring an additional 89,666 shares during the period. UBS Asset Management Americas Inc. increased its position in shares of Quad/Graphics by 18.3% during the second quarter. UBS Asset Management Americas Inc. now owns 33,179 shares of the business services provider’s stock worth $262,000 after acquiring an additional 5,124 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of Quad/Graphics during the third quarter worth approximately $330,000. Finally, Nisa Investment Advisors LLC increased its position in shares of Quad/Graphics by 36.4% during the third quarter. Nisa Investment Advisors LLC now owns 75,000 shares of the business services provider’s stock worth $788,000 after acquiring an additional 20,000 shares during the period. Hedge funds and other institutional investors own 53.82% of the company’s stock.

Quad/Graphics Company Profile (NYSE:QUAD)

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, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.

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