Alps Advisors Inc. purchased a new position in shares of RR Donnelley & Sons Co (NASDAQ:RRD) during the second quarter, according to its most recent filing with the SEC. The firm purchased 51,996 shares of the business services provider’s stock, valued at approximately $652,000. Alps Advisors Inc. owned approximately 0.07% of RR Donnelley & Sons Co at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in RRD. Acadian Asset Management LLC purchased a new stake in shares of RR Donnelley & Sons Co during the second quarter worth approximately $117,000. Nisa Investment Advisors LLC boosted its stake in shares of RR Donnelley & Sons Co by 229.8% in the second quarter. Nisa Investment Advisors LLC now owns 12,199 shares of the business services provider’s stock worth $151,000 after buying an additional 8,500 shares in the last quarter. Stoneridge Investment Partners LLC purchased a new stake in shares of RR Donnelley & Sons Co during the second quarter worth approximately $247,000. Arizona State Retirement System boosted its stake in shares of RR Donnelley & Sons Co by 0.3% in the second quarter. Arizona State Retirement System now owns 36,466 shares of the business services provider’s stock worth $457,000 after buying an additional 100 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of RR Donnelley & Sons Co by 200.0% in the second quarter. SG Americas Securities LLC now owns 42,699 shares of the business services provider’s stock worth $535,000 after buying an additional 28,464 shares in the last quarter.

Shares of RR Donnelley & Sons Co (NASDAQ:RRD) opened at 8.66 on Monday. RR Donnelley & Sons Co has a 52 week low of $8.60 and a 52 week high of $28.79. The firm has a 50-day moving average of $11.20 and a 200-day moving average of $13.00. The firm’s market cap is $606.20 million.

RR Donnelley & Sons Co (NASDAQ:RRD) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.05. The company had revenue of $1.65 billion for the quarter. On average, analysts expect that RR Donnelley & Sons Co will post $1.07 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date is Friday, August 11th. RR Donnelley & Sons Co’s dividend payout ratio (DPR) is presently 196.23%.

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Separately, BidaskClub cut shares of RR Donnelley & Sons Co from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th.

About RR Donnelley & Sons Co

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 RR Donnelley & Sons Co (NASDAQ:RRD)

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