Quad/Graphics (NYSE:QUAD – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Thursday.
Several other brokerages have also weighed in on QUAD. Rosenblatt Securities reissued a “buy” rating and set a $10.30 price objective on shares of Quad/Graphics in a report on Tuesday, February 18th. Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Friday, February 21st.
View Our Latest Research Report on Quad/Graphics
Quad/Graphics Stock Performance
Quad/Graphics (NYSE:QUAD – Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.02). Quad/Graphics had a positive return on equity of 58.44% and a negative net margin of 1.90%. The company had revenue of $708.40 million during the quarter, compared to the consensus estimate of $726.70 million. Equities research analysts anticipate that Quad/Graphics will post 1.08 EPS for the current fiscal year.
Institutional Trading of Quad/Graphics
A number of institutional investors have recently added to or reduced their stakes in QUAD. Miller Value Partners LLC grew its holdings in Quad/Graphics by 33.7% during the 4th quarter. Miller Value Partners LLC now owns 2,518,130 shares of the business services provider’s stock valued at $17,551,000 after buying an additional 634,315 shares in the last quarter. Geode Capital Management LLC increased its holdings in Quad/Graphics by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 679,717 shares of the business services provider’s stock worth $4,739,000 after acquiring an additional 10,681 shares during the period. State Street Corp increased its holdings in Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after acquiring an additional 10,431 shares during the period. Heartland Advisors Inc. purchased a new stake in Quad/Graphics in the 4th quarter worth approximately $2,091,000. Finally, Empowered Funds LLC boosted its holdings in Quad/Graphics by 5.1% in the 4th quarter. Empowered Funds LLC now owns 293,761 shares of the business services provider’s stock valued at $2,048,000 after purchasing an additional 14,275 shares during the period. Hedge funds and other institutional investors own 39.52% of the company’s stock.
About Quad/Graphics
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.
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