Tudor Investment Corp ET AL bought a new position in shares of LSC Communications Inc (NASDAQ:LKSD) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,500 shares of the company’s stock, valued at approximately $481,000. Tudor Investment Corp ET AL owned 0.06% of LSC Communications at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of LKSD. Nuveen Asset Management LLC boosted its holdings in shares of LSC Communications by 91.7% during the first quarter. Nuveen Asset Management LLC now owns 844,663 shares of the company’s stock worth $21,252,000 after purchasing an additional 404,126 shares during the period. Capstone Asset Management Co. boosted its holdings in shares of LSC Communications by 4.3% during the second quarter. Capstone Asset Management Co. now owns 15,953 shares of the company’s stock worth $341,000 after purchasing an additional 656 shares during the period. Bank of Montreal Can boosted its holdings in shares of LSC Communications by 157.7% during the second quarter. Bank of Montreal Can now owns 82,401 shares of the company’s stock worth $1,763,000 after purchasing an additional 50,429 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of LSC Communications by 85.3% during the second quarter. State of Alaska Department of Revenue now owns 6,652 shares of the company’s stock worth $142,000 after purchasing an additional 3,062 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in shares of LSC Communications by 171.0% during the second quarter. Meeder Asset Management Inc. now owns 22,969 shares of the company’s stock worth $492,000 after purchasing an additional 14,494 shares during the period.

In related news, Director Shivan S. Subramaniam bought 3,500 shares of the company’s stock in a transaction on Monday, September 11th. The shares were acquired at an average cost of $16.41 per share, for a total transaction of $57,435.00. The purchase was disclosed in a filing with the SEC, which is available through this link.

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Shares of LSC Communications Inc (NASDAQ:LKSD) opened at 16.64 on Wednesday. LSC Communications Inc has a one year low of $15.05 and a one year high of $30.74. The firm has a 50-day moving average of $16.80 and a 200 day moving average of $16.80. The stock has a market capitalization of $580.59 million and a price-to-earnings ratio of 10.94.

LSC Communications (NASDAQ:LKSD) last issued its earnings results on Thursday, August 3rd. The company reported $0.59 EPS for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.09). The company had revenue of $848.00 million during the quarter, compared to the consensus estimate of $876.38 million. LSC Communications had a return on equity of 7.63% and a net margin of 0.59%. The business’s quarterly revenue was down 6.4% on a year-over-year basis. On average, equities research analysts predict that LSC Communications Inc will post $2.15 EPS for the current year.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of LSC Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday. BidaskClub upgraded shares of LSC Communications from a “strong sell” rating to a “sell” rating in a report on Thursday, September 28th. J P Morgan Chase & Co assumed coverage on shares of LSC Communications in a report on Friday, July 21st. They set a “neutral” rating for the company. Finally, Citigroup Inc. lowered shares of LSC Communications from a “neutral” rating to a “sell” rating in a report on Friday, September 29th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $24.00.

LSC Communications Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.

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Institutional Ownership by Quarter for LSC Communications (NASDAQ:LKSD)

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