Hillsdale Investment Management Inc. Increases Stock Position in Quad Graphics, Inc $QUAD

Hillsdale Investment Management Inc. lifted its position in shares of Quad Graphics, Inc (NYSE:QUAD) by 192.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,297 shares of the business services provider’s stock after acquiring an additional 100,197 shares during the quarter. Hillsdale Investment Management Inc. owned 0.30% of Quad Graphics worth $955,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of QUAD. AQR Capital Management LLC purchased a new stake in shares of Quad Graphics during the 1st quarter worth approximately $2,101,000. Zacks Investment Management purchased a new stake in shares of Quad Graphics during the 3rd quarter worth approximately $1,426,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Quad Graphics by 53.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 370,504 shares of the business services provider’s stock worth $2,093,000 after acquiring an additional 128,656 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Quad Graphics during the 2nd quarter worth approximately $594,000. Finally, Two Sigma Investments LP boosted its stake in shares of Quad Graphics by 42.4% during the 3rd quarter. Two Sigma Investments LP now owns 248,685 shares of the business services provider’s stock worth $1,557,000 after acquiring an additional 74,055 shares in the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Stock Up 0.3%

Shares of Quad Graphics stock opened at $7.47 on Tuesday. The company has a fifty day moving average price of $7.25 and a 200 day moving average price of $6.61. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. Quad Graphics, Inc has a twelve month low of $5.01 and a twelve month high of $8.64. The stock has a market cap of $385.15 million, a price-to-earnings ratio of 13.34 and a beta of 1.18.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. Quad Graphics had a net margin of 1.16% and a return on equity of 47.27%. The firm had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $581.07 million. Equities research analysts forecast that Quad Graphics, Inc will post 1.2 earnings per share for the current fiscal year.

Quad Graphics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Thursday, May 21st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, May 21st. Quad Graphics’s dividend payout ratio is 71.43%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on QUAD shares. Rosenblatt Securities boosted their price target on Quad Graphics from $8.20 to $9.80 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Benchmark started coverage on Quad Graphics in a research note on Tuesday, April 7th. They set a “buy” rating and a $10.00 price target on the stock. Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a research note on Monday, April 27th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Quad Graphics currently has an average rating of “Moderate Buy” and an average price target of $9.93.

Quad Graphics Company Profile

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.