Quad/Graphics, Inc. (NYSE:QUAD) traded down 1.7% during mid-day trading on Monday . The company traded as low as $9.75 and last traded at $9.81. 7,589 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 483,759 shares. The stock had previously closed at $9.98.

Separately, Zacks Investment Research raised Quad/Graphics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Quad/Graphics currently has an average rating of “Hold” and an average price target of $28.50.

The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $514.32 million, a price-to-earnings ratio of 5.61 and a beta of 1.60.

Quad/Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, April 30th. The business services provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.03). Quad/Graphics had a positive return on equity of 11.56% and a negative net margin of 0.25%. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $979.58 million. During the same period last year, the business posted $0.58 EPS. Quad/Graphics’s revenue was up 3.8% on a year-over-year basis. Research analysts anticipate that Quad/Graphics, Inc. will post 1.11 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 20th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 11.95%. The ex-dividend date of this dividend is Friday, May 17th. Quad/Graphics’s dividend payout ratio (DPR) is presently 67.04%.

In other news, insider Eric N. Ashworth sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $13.14, for a total transaction of $197,100.00. Following the sale, the insider now owns 120,345 shares of the company’s stock, valued at approximately $1,581,333.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.85% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC raised its position in shares of Quad/Graphics by 18.9% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,355,597 shares of the business services provider’s stock worth $28,032,000 after acquiring an additional 375,200 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Quad/Graphics by 19.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,335,441 shares of the business services provider’s stock worth $27,792,000 after buying an additional 381,803 shares during the last quarter. BlackRock Inc. grew its stake in Quad/Graphics by 7.8% during the 4th quarter. BlackRock Inc. now owns 2,263,708 shares of the business services provider’s stock worth $27,890,000 after buying an additional 163,714 shares during the last quarter. LSV Asset Management grew its stake in Quad/Graphics by 29.9% during the 4th quarter. LSV Asset Management now owns 1,591,758 shares of the business services provider’s stock worth $19,610,000 after buying an additional 366,206 shares during the last quarter. Finally, Man Group plc grew its stake in Quad/Graphics by 133.7% during the 1st quarter. Man Group plc now owns 830,294 shares of the business services provider’s stock worth $9,880,000 after buying an additional 475,000 shares during the last quarter. 53.77% of the stock is currently owned by institutional investors and hedge funds.

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About Quad/Graphics (NYSE:QUAD)

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, books, 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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