LSC Communications Inc (NYSE:LKSD) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $12.27 and last traded at $12.27, with a volume of 95153 shares trading hands. The stock had previously closed at $12.49.

A number of research analysts have recently commented on the company. BidaskClub raised LSC Communications from a “strong sell” rating to a “sell” rating in a research report on Friday, October 27th. Citigroup raised LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 price target on the stock in a research report on Tuesday, November 14th. ValuEngine raised LSC Communications from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 9th. Finally, Zacks Investment Research cut LSC Communications from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company’s stock. LSC Communications has an average rating of “Hold” and an average target price of $24.00.

The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 2.47. The stock has a market capitalization of $420.58 and a PE ratio of 43.07.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Thursday, February 15th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a boost from LSC Communications’s previous quarterly dividend of $0.25. LSC Communications’s dividend payout ratio is currently 344.83%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AHL Partners LLP lifted its holdings in LSC Communications by 0.7% during the 2nd quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock worth $213,000 after purchasing an additional 72 shares in the last quarter. Voya Investment Management LLC lifted its holdings in LSC Communications by 6.8% during the 2nd quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock worth $317,000 after purchasing an additional 946 shares in the last quarter. Stifel Financial Corp lifted its holdings in LSC Communications by 6.8% during the 2nd quarter. Stifel Financial Corp now owns 67,097 shares of the company’s stock worth $1,435,000 after purchasing an additional 4,286 shares in the last quarter. California State Teachers Retirement System lifted its holdings in LSC Communications by 15.2% during the 2nd quarter. California State Teachers Retirement System now owns 60,107 shares of the company’s stock worth $1,286,000 after purchasing an additional 7,913 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. purchased a new stake in LSC Communications during the 2nd quarter worth about $205,000. 83.74% of the stock is currently owned by institutional investors and hedge funds.

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LSC Communications Company 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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