Quad/Graphics (QUAD) : Algert Global scooped up 18,014 additional shares in Quad/Graphics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 78,618 shares of Quad/Graphics which is valued at $2,033,061.Quad/Graphics makes up approximately 0.60% of Algert Global’s portfolio.
Other Hedge Funds, Including , Creative Planning added QUAD to its portfolio by purchasing 4,215 company shares during the most recent quarter which is valued at $109,000.Cutler Group Lp reduced its stake in QUAD by selling 11,130 shares or 51.99% in the most recent quarter. The Hedge Fund company now holds 10,277 shares of QUAD which is valued at $267,099. Quad/Graphics makes up approx 0.02% of Cutler Group Lp’s portfolio. Simplex Trading sold out all of its stake in QUAD during the most recent quarter. The investment firm sold 34,484 shares of QUAD which is valued $883,135.Bnp Paribas Arbitrage Sa boosted its stake in QUAD in the latest quarter, The investment management firm added 1,255 additional shares and now holds a total of 2,467 shares of Quad/Graphics which is valued at $67,275. Eqis Capital Management added QUAD to its portfolio by purchasing 9,460 company shares during the most recent quarter which is valued at $257,974. Quad/Graphics makes up approx 0.02% of Eqis Capital Management’s portfolio.
Quad/Graphics closed down -0.13 points or -0.50% at $25.86 with 2,91,684 shares getting traded on Tuesday. Post opening the session at $25.97, the shares hit an intraday low of $25.54 and an intraday high of $26.16 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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.
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.