LSC Communications Inc (NYSE:LKSD)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $5.65 and last traded at $5.76, with a volume of 8074 shares traded. The stock had previously closed at $6.17.

Separately, Zacks Investment Research upgraded LSC Communications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 12th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. LSC Communications currently has an average rating of “Hold” and a consensus target price of $13.65.

The stock has a market capitalization of $194.23 million, a PE ratio of 4.85 and a beta of 1.39. The company has a debt-to-equity ratio of 4.24, a current ratio of 1.13 and a quick ratio of 0.84.

LSC Communications (NYSE:LKSD) last posted its earnings results on Tuesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.07). LSC Communications had a positive return on equity of 21.27% and a negative net margin of 3.69%. The company had revenue of $845.00 million for the quarter, compared to analyst estimates of $851.40 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. LSC Communications’s quarterly revenue was down 9.0% compared to the same quarter last year. On average, equities research analysts forecast that LSC Communications Inc will post 1.23 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 17.42%. The ex-dividend date is Tuesday, May 14th. LSC Communications’s dividend payout ratio (DPR) is presently 84.55%.

Several large investors have recently added to or reduced their stakes in the company. Arizona State Retirement System lifted its holdings in shares of LSC Communications by 6.0% during the 4th quarter. Arizona State Retirement System now owns 51,312 shares of the company’s stock valued at $359,000 after purchasing an additional 2,903 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of LSC Communications by 13.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 23,860 shares of the company’s stock valued at $156,000 after purchasing an additional 2,908 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of LSC Communications by 49.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,578 shares of the company’s stock valued at $68,000 after purchasing an additional 3,165 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of LSC Communications by 75.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 9,229 shares of the company’s stock valued at $60,000 after purchasing an additional 3,963 shares in the last quarter. Finally, United Services Automobile Association lifted its holdings in shares of LSC Communications by 27.6% during the 4th quarter. United Services Automobile Association now owns 26,861 shares of the company’s stock valued at $188,000 after purchasing an additional 5,804 shares in the last quarter. Institutional investors and hedge funds own 81.80% of the company’s stock.

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About LSC Communications (NYSE:LKSD)

LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products in the United States and internationally. It operates through Magazines, Catalogs and Logistics; Book; Office Products; and Other segments. The Magazines, Catalogs and Logistics segment produces magazines and catalogs, as well as provides logistics solutions to the company and other third parties.

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