Wright Investors Service Inc buys $1,774,188 stake in RR Donnelley & Sons Co (RRD)

RR Donnelley & Sons Co (RRD) : Wright Investors Service Inc scooped up 25,525 additional shares in RR Donnelley & Sons Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 102,495 shares of RR Donnelley & Sons Co which is valued at $1,774,188.RR Donnelley & Sons Co makes up approximately 0.71% of Wright Investors Service Inc’s portfolio.

Other Hedge Funds, Including , Signaturefd boosted its stake in RRD in the latest quarter, The investment management firm added 337 additional shares and now holds a total of 378 shares of RR Donnelley & Sons Co which is valued at $6,774.Breton Hill Capital Ltd. boosted its stake in RRD in the latest quarter, The investment management firm added 435,554 additional shares and now holds a total of 499,187 shares of RR Donnelley & Sons Co which is valued at $9,294,862. RR Donnelley & Sons Co makes up approx 2.89% of Breton Hill Capital Ltd.’s portfolio.

RR Donnelley & Sons Co closed down -0.02 points or -0.12% at $17.29 with 20,28,422 shares getting traded on Thursday. Post opening the session at $17.32, the shares hit an intraday low of $17.16 and an intraday high of $17.47 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, RR Donnelley & Sons Co reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.28. The company had revenue of $2729.70 million for the quarter, compared to analysts expectations of $2666.61 million. The company’s revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS.

R. R. Donnelley & Sons Company (RR Donnelley) helps organizations communicate by working to create manage produce distribute and process content on behalf of its customers. The Company operates through segments: Publishing and Retail Services Variable Print Strategic Services and International. The Publishing and Retail Services segment offers products including magazines catalogs retail inserts books directories and packaging. The Variable Print segment’s product offerings include commercial and digital print direct mail office products labels statement printing forms and packaging. The Company’s Strategic Services segment include its logistics services financial print products and related services print management offerings and digital and creative solutions. The International segment includes the Company’s non- United States printing operations in Asia Europe Latin America and Canada.

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