Tfs Capital Lowers stake in Quad/Graphics (QUAD)

Quad/Graphics (QUAD) : Tfs Capital reduced its stake in Quad/Graphics by 38.84% during the most recent quarter end. The investment management company now holds a total of 97,439 shares of Quad/Graphics which is valued at $2,790,653 after selling 61,881 shares in Quad/Graphics , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Quad/Graphics makes up approximately 0.48% of Tfs Capital’s portfolio.

Other Hedge Funds, Including , Credit Suisse Ag reduced its stake in QUAD by selling 20,528 shares or 20.29% in the most recent quarter. The Hedge Fund company now holds 80,662 shares of QUAD which is valued at $2,310,160. Dynamic Technology Lab Private Ltd sold out all of its stake in QUAD during the most recent quarter. The investment firm sold 39,420 shares of QUAD which is valued $1,128,989.Acrospire Investment Management boosted its stake in QUAD in the latest quarter, The investment management firm added 8,200 additional shares and now holds a total of 10,092 shares of Quad/Graphics which is valued at $289,943. Quad/Graphics makes up approx 0.21% of Acrospire Investment Management’s portfolio. Quantitative Systematic Strategies sold out all of its stake in QUAD during the most recent quarter. The investment firm sold 11,753 shares of QUAD which is valued $298,056. Capital Fund Management S.a. sold out all of its stake in QUAD during the most recent quarter. The investment firm sold 14,985 shares of QUAD which is valued $380,469.

Quad/Graphics opened for trading at $28.38 and hit $28.55 on the upside on Tuesday, eventually ending the session at $28.3, with a gain of 0.32% or 0.09 points. The heightened volatility saw the trading volume jump to 1,77,338 shares. Company has a market cap of $1,416 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.

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