IFP Advisors Inc Cuts Stock Holdings in Quad/Graphics, Inc. (NYSE:QUAD)

IFP Advisors Inc reduced its position in shares of Quad/Graphics, Inc. (NYSE:QUAD – Get Rating) by 64.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,114 shares of the business services provider’s stock after selling 5,600 shares during the period. IFP Advisors Inc’s holdings in Quad/Graphics were worth $61,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Quad/Graphics by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,066,223 shares of the business services provider’s stock worth $5,289,000 after buying an additional 58,456 shares in the last quarter. LSV Asset Management increased its stake in Quad/Graphics by 4.4% during the 1st quarter. LSV Asset Management now owns 1,238,982 shares of the business services provider’s stock worth $8,599,000 after buying an additional 51,930 shares in the last quarter. Renaissance Technologies LLC increased its stake in Quad/Graphics by 7.3% during the 2nd quarter. Renaissance Technologies LLC now owns 995,600 shares of the business services provider’s stock worth $2,738,000 after buying an additional 67,700 shares in the last quarter. State Street Corp increased its stake in Quad/Graphics by 10.2% during the 3rd quarter. State Street Corp now owns 407,532 shares of the business services provider’s stock worth $1,043,000 after buying an additional 37,694 shares in the last quarter. Finally, Barclays PLC increased its stake in Quad/Graphics by 65.3% during the 3rd quarter. Barclays PLC now owns 300,740 shares of the business services provider’s stock worth $770,000 after buying an additional 118,847 shares in the last quarter. 33.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Quad/Graphics

In other Quad/Graphics news, CFO Anthony Staniak acquired 17,403 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were purchased at an average cost of $2.83 per share, for a total transaction of $49,250.49. Following the completion of the acquisition, the chief financial officer now owns 185,724 shares of the company’s stock, valued at approximately $525,598.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.38% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Quad/Graphics in a report on Thursday, March 16th. They set a “buy” rating on the stock.

Quad/Graphics Trading Up 2.0 %

Shares of Quad/Graphics stock opened at $3.49 on Wednesday. The stock has a market cap of $183.96 million, a P/E ratio of -11.26 and a beta of 1.72. The stock’s 50 day simple moving average is $3.80 and its 200-day simple moving average is $3.94. Quad/Graphics, Inc. has a 1-year low of $2.12 and a 1-year high of $5.39. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.84 and a quick ratio of 0.53.

Quad/Graphics (NYSE:QUAD – Get Rating) last issued its earnings results on Tuesday, May 2nd. The business services provider reported $0.15 earnings per share for the quarter. The business had revenue of $766.50 million for the quarter. Quad/Graphics had a positive return on equity of 34.67% and a negative net margin of 0.44%.

Quad/Graphics Company Profile

(Get Rating)

Quad/Graphics, Inc engages in the provision of print solutions, media solutions, and logistics services. It operates through the following segments: United States Print and Related Services, International, and Corporate. The United States Print and Related Services segment is involved in printing operations and its products include catalogs, consumer magazines, special insert publications, direct mail, packaging, commercial, and printed products, retail inserts books, and directories.