RR Donnelley & Sons Co (RRD) : Advisors Asset Management reduced its stake in RR Donnelley & Sons Co by 5.21% during the most recent quarter end. The investment management company now holds a total of 1,814,502 shares of RR Donnelley & Sons Co which is valued at $31,282,014 after selling 99,817 shares in RR Donnelley & Sons Co , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.RR Donnelley & Sons Co makes up approximately 0.49% of Advisors Asset Management’s portfolio.
Other Hedge Funds, Including , Flippin Bruce Porter Inc reduced its stake in RRD by selling 2,725 shares or 2.98% in the most recent quarter. The Hedge Fund company now holds 88,750 shares of RRD which is valued at $1,530,050. RR Donnelley & Sons Co makes up approx 0.43% of Flippin Bruce Porter Inc’s portfolio. Princeton Alpha Management Lp added RRD to its portfolio by purchasing 32,191 company shares during the most recent quarter which is valued at $561,411. RR Donnelley & Sons Co makes up approx 0.09% of Princeton Alpha Management Lp’s portfolio. Bb&t Securities sold out all of its stake in RRD during the most recent quarter. The investment firm sold 83,229 shares of RRD which is valued $1,451,514.Cadence Capital Management boosted its stake in RRD in the latest quarter, The investment management firm added 15,808 additional shares and now holds a total of 92,624 shares of RR Donnelley & Sons Co which is valued at $1,603,321. RR Donnelley & Sons Co makes up approx 0.12% of Cadence Capital Management’s portfolio. Quadrant Capital Group added RRD to its portfolio by purchasing 728 company shares during the most recent quarter which is valued at $13,046. RR Donnelley & Sons Co makes up approx 0.01% of Quadrant Capital Group’s portfolio.
RR Donnelley & Sons Co opened for trading at $17.11 and hit $17.31 on the upside on Monday, eventually ending the session at $17.23, with a gain of 1.00% or 0.17 points. The heightened volatility saw the trading volume jump to 9,58,732 shares. Company has a market cap of $3,610 M.
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.