Christopher B. Harned Buys 4,350 Shares of Quad/Graphics, Inc. (NYSE:QUAD) Stock

Quad/Graphics, Inc. (NYSE:QUAD) Director Christopher B. Harned bought 4,350 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were purchased at an average cost of $4.14 per share, for a total transaction of $18,009.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of NYSE:QUAD traded up $0.16 during trading on Friday, reaching $4.38. The company had a trading volume of 989,269 shares, compared to its average volume of 540,374. The company has a fifty day moving average of $9.05 and a two-hundred day moving average of $9.39. The stock has a market capitalization of $240.46 million, a P/E ratio of 2.45 and a beta of 1.58. Quad/Graphics, Inc. has a 12 month low of $4.10 and a 12 month high of $17.58. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 4.95.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.70%. The ex-dividend date of this dividend is Friday, November 15th. Quad/Graphics’s payout ratio is 67.04%.

Several large investors have recently modified their holdings of QUAD. Tower Research Capital LLC TRC bought a new position in shares of Quad/Graphics in the 3rd quarter worth $26,000. Northern Oak Wealth Management Inc. increased its holdings in shares of Quad/Graphics by 66.7% in the 2nd quarter. Northern Oak Wealth Management Inc. now owns 5,000 shares of the business services provider’s stock worth $40,000 after buying an additional 2,000 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Quad/Graphics by 54.0% in the 2nd quarter. Bank of Montreal Can now owns 6,533 shares of the business services provider’s stock worth $51,000 after buying an additional 2,292 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of Quad/Graphics in the 2nd quarter worth $130,000. Finally, Annex Advisory Services LLC increased its holdings in shares of Quad/Graphics by 77.9% in the 2nd quarter. Annex Advisory Services LLC now owns 19,323 shares of the business services provider’s stock worth $153,000 after buying an additional 8,464 shares during the last quarter. 58.99% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on the stock. Buckingham Research lowered shares of Quad/Graphics from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.00 to $7.00 in a report on Wednesday, October 30th. TheStreet lowered shares of Quad/Graphics from a “c-” rating to a “d+” rating in a report on Friday, November 1st. Zacks Investment Research lowered shares of Quad/Graphics from a “hold” rating to a “sell” rating in a report on Thursday. Finally, ValuEngine raised shares of Quad/Graphics from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st.

Quad/Graphics Company Profile

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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Insider Buying and Selling by Quarter for Quad/Graphics (NYSE:QUAD)

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