Inspire Investing LLC Purchases 165,275 Shares of Quad Graphics, Inc $QUAD

Inspire Investing LLC grew its position in shares of Quad Graphics, Inc (NYSE:QUAD) by 259.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,027 shares of the business services provider’s stock after buying an additional 165,275 shares during the quarter. Inspire Investing LLC’s holdings in Quad Graphics were worth $1,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Quad Graphics during the 1st quarter valued at $132,000. Nuveen LLC bought a new position in shares of Quad Graphics during the 1st quarter valued at $714,000. American Century Companies Inc. lifted its holdings in shares of Quad Graphics by 24.9% during the 1st quarter. American Century Companies Inc. now owns 68,209 shares of the business services provider’s stock valued at $372,000 after buying an additional 13,601 shares during the period. Invst LLC bought a new position in Quad Graphics in the 1st quarter worth $1,883,000. Finally, Cubist Systematic Strategies LLC raised its holdings in Quad Graphics by 185.4% in the 1st quarter. Cubist Systematic Strategies LLC now owns 132,063 shares of the business services provider’s stock worth $720,000 after purchasing an additional 85,796 shares during the period. 39.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

QUAD has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quad Graphics in a report on Saturday, September 27th. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 target price on shares of Quad Graphics in a report on Tuesday, July 29th. Zacks Research cut Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Rosenblatt Securities decreased their target price on Quad Graphics from $8.90 to $8.60 and set a “buy” rating on the stock in a report on Thursday, July 31st. Finally, Wall Street Zen cut Quad Graphics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Quad Graphics presently has an average rating of “Hold” and a consensus target price of $9.30.

Quad Graphics Trading Down 1.4%

Shares of QUAD stock opened at $5.62 on Friday. The firm has a market capitalization of $283.64 million, a PE ratio of -17.56 and a beta of 1.38. The stock has a fifty day simple moving average of $6.38 and a two-hundred day simple moving average of $5.78. The company has a debt-to-equity ratio of 4.85, a quick ratio of 0.64 and a current ratio of 0.92. Quad Graphics, Inc has a 52-week low of $4.50 and a 52-week high of $9.13.

Quad Graphics (NYSE:QUAD) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $571.90 million during the quarter, compared to analyst estimates of $555.05 million. Quad Graphics had a positive return on equity of 70.06% and a negative net margin of 0.55%. On average, analysts predict that Quad Graphics, Inc will post 1.08 EPS for the current fiscal year.

Quad Graphics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a dividend of $0.075 per share. The ex-dividend date was Monday, August 18th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.3%. Quad Graphics’s dividend payout ratio (DPR) is presently -93.75%.

Quad Graphics Company 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.