Quad/Graphics (QUAD) : Acrospire Investment Management scooped up 8,200 additional shares in Quad/Graphics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 10,092 shares of Quad/Graphics which is valued at $289,943.Quad/Graphics makes up approximately 0.21% of Acrospire Investment Management’s portfolio.
Other Hedge Funds, Including , Nine Chapters Capital Management sold out all of its stake in QUAD during the most recent quarter. The investment firm sold 13,600 shares of QUAD which is valued $390,728. Her Majesty The Queen In Right Of The Province Of Alberta… added QUAD to its portfolio by purchasing 14,800 company shares during the most recent quarter which is valued at $431,864. Quad/Graphics makes up approx 0.01% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio. Spot Trading L.l.c added QUAD to its portfolio by purchasing 16,174 company shares during the most recent quarter which is valued at $471,957. Quad/Graphics makes up approx 0.06% of Spot Trading L.l.c’s portfolio.Lucus Advisors reduced its stake in QUAD by selling 25,044 shares or 62.37% in the most recent quarter. The Hedge Fund company now holds 15,110 shares of QUAD which is valued at $383,643. Quad/Graphics makes up approx 0.30% of Lucus Advisors’s portfolio.Cutler Group Lp boosted its stake in QUAD in the latest quarter, The investment management firm added 19,045 additional shares and now holds a total of 21,407 shares of Quad/Graphics which is valued at $555,512. Quad/Graphics makes up approx 0.04% of Cutler Group Lp’s portfolio.
Quad/Graphics opened for trading at $28.15 and hit $28.75 on the upside on Wednesday, eventually ending the session at $28.65, with a gain of 2.39% or 0.67 points. The heightened volatility saw the trading volume jump to 5,39,727 shares. Company has a market cap of $1,434 M.
On the company’s financial health, Quad/Graphics reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $-0.11. The company had revenue of $1032.30 million for the quarter, compared to analysts expectations of $1028.95 million. The company’s revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.16 EPS.
Many Wall Street Analysts have commented on Quad/Graphics. Quad/Graphics was Upgraded by Sidoti to ” Buy” on Aug 2, 2016. Quad/Graphics was Downgraded by Sidoti to ” Neutral” on Jul 15, 2016. Sidoti Resumed Quad/Graphics on Jun 8, 2016 to “Buy”, Price Target of the shares are set at $26.
Quad/Graphics Inc. is a global provider of print and media solutions. The Company’s operating segments include the United States Print and Related Services and International. The United States Print and Related Services segment consists of the Company’s United States printing operations and is managed as one integrated platform. This includes consumer magazines catalogs retail inserts special interest publications journals direct mail books directories in-store marketing packaging and other commercial and specialty printed products together with the related service offerings including marketing strategy media planning and placement data insights response analytics services creative services interactive print solutions among others. The International segment provides printed products and related services and consists of the Company’s printing operations in Europe and Latin America including operations in Poland Argentina Brazil Chile Colombia Mexico and Peru.