Inspire Investing LLC Takes Position in Quad/Graphics, Inc. (NYSE:QUAD)

Inspire Investing LLC bought a new position in Quad/Graphics, Inc. (NYSE:QUAD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 164,989 shares of the business services provider’s stock, valued at approximately $1,150,000. Inspire Investing LLC owned about 0.32% of Quad/Graphics at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Quad/Graphics by 2.0% in the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after acquiring an additional 10,431 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after purchasing an additional 15,220 shares during the last quarter. FMR LLC grew its position in Quad/Graphics by 1,103.6% during the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after purchasing an additional 20,218 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Quad/Graphics by 450.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock valued at $214,000 after buying an additional 38,588 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Quad/Graphics in the third quarter valued at approximately $54,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QUAD. Barrington Research reiterated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities boosted their price objective on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, StockNews.com downgraded Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

Quad/Graphics Price Performance

Shares of NYSE QUAD opened at $6.92 on Friday. Quad/Graphics, Inc. has a 52 week low of $4.06 and a 52 week high of $9.13. The firm has a 50-day simple moving average of $7.28 and a 200-day simple moving average of $5.96. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $674.80 million during the quarter, compared to the consensus estimate of $654.90 million. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. During the same quarter in the prior year, the firm earned $0.11 EPS. Equities research analysts predict that Quad/Graphics, Inc. will post 0.84 EPS for the current year.

Quad/Graphics Profile

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