Exchange Traded Concepts LLC Has $1.74 Million Stock Position in Quad/Graphics, Inc. (NYSE:QUAD)

Exchange Traded Concepts LLC raised its position in Quad/Graphics, Inc. (NYSE:QUAD) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 250,262 shares of the business services provider’s stock after buying an additional 17,263 shares during the period. Exchange Traded Concepts LLC’s holdings in Quad/Graphics were worth $1,744,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Quad/Graphics by 2.0% in 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 in the last quarter. Geode Capital Management LLC boosted its stake in Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock worth $3,038,000 after purchasing an additional 15,220 shares in the last quarter. FMR LLC boosted its stake in Quad/Graphics by 1,103.6% in the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after purchasing an additional 20,218 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Quad/Graphics by 450.4% during the third quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock worth $214,000 after purchasing an additional 38,588 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Quad/Graphics in the third quarter valued at about $54,000. 39.52% of the stock is owned by institutional investors.

Quad/Graphics Stock Performance

Quad/Graphics stock opened at $6.83 on Monday. Quad/Graphics, Inc. has a 1 year low of $4.06 and a 1 year high of $9.13. The company’s 50-day moving average is $7.26 and its two-hundred day moving average is $5.98. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. The company has a market cap of $355.72 million, a PE ratio of -4.14 and a beta of 1.59.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The firm had revenue of $674.80 million for the quarter, compared to analysts’ expectations of $654.90 million. During the same period last year, the firm earned $0.11 earnings per share. Equities analysts anticipate that Quad/Graphics, Inc. will post 0.84 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on QUAD. StockNews.com cut shares of Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 22nd. Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th. Finally, Rosenblatt Securities increased their price objective on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research report on Monday, November 25th.

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.