Russell Investments Group Ltd. decreased its position in Quad Graphics, Inc (NYSE:QUAD) by 13.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 113,853 shares of the business services provider’s stock after selling 18,346 shares during the period. Russell Investments Group Ltd. owned approximately 0.22% of Quad Graphics worth $2,609,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Quad Graphics by 20.9% in the first quarter. Vanguard Group Inc. now owns 4,748,813 shares of the business services provider’s stock valued at $119,860,000 after buying an additional 821,439 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Quad Graphics by 55.5% in the first quarter. Nuveen Asset Management LLC now owns 578,303 shares of the business services provider’s stock valued at $14,596,000 after buying an additional 206,484 shares during the last quarter. UBS Group AG boosted its stake in shares of Quad Graphics by 2,046.3% in the first quarter. UBS Group AG now owns 152,626 shares of the business services provider’s stock valued at $3,853,000 after buying an additional 145,515 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Quad Graphics by 45.3% in the first quarter. Geode Capital Management LLC now owns 428,005 shares of the business services provider’s stock valued at $10,801,000 after buying an additional 133,393 shares during the last quarter. Finally, Menta Capital LLC boosted its stake in shares of Quad Graphics by 509.9% in the first quarter. Menta Capital LLC now owns 153,013 shares of the business services provider’s stock valued at $3,862,000 after buying an additional 127,924 shares during the last quarter. Institutional investors own 51.70% of the company’s stock.

Shares of Quad Graphics, Inc (QUAD) traded down 0.05% during mid-day trading on Friday, hitting $19.05. The stock had a trading volume of 38,646 shares. Quad Graphics, Inc has a 12-month low of $18.16 and a 12-month high of $29.04. The company’s 50 day moving average price is $20.47 and its 200 day moving average price is $23.25. The stock has a market cap of $991.38 million, a P/E ratio of 12.25 and a beta of 1.39.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.11. Quad Graphics had a net margin of 1.92% and a return on equity of 22.79%. The firm had revenue of $963.20 million during the quarter, compared to analysts’ expectations of $985.85 million. During the same period in the prior year, the company earned $0.03 EPS. The firm’s revenue was down 6.7% on a year-over-year basis. Equities research analysts predict that Quad Graphics, Inc will post $1.79 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, August 21st will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, August 17th. This represents a $1.20 dividend on an annualized basis and a yield of 6.30%. Quad Graphics’s dividend payout ratio (DPR) is 76.43%.

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Several analysts have recently issued reports on QUAD shares. BidaskClub upgraded Quad Graphics from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th. TheStreet cut Quad Graphics from a “b-” rating to a “c+” rating in a research note on Friday, August 4th.

In other Quad Graphics news, Director Douglas P. Buth purchased 2,600 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was purchased at an average cost of $18.74 per share, with a total value of $48,724.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 12.05% of the stock is currently owned by corporate insiders.

About Quad Graphics

Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.

Institutional Ownership by Quarter for Quad Graphics (NYSE:QUAD)

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