Quad/Graphics, Inc. (NYSE:QUAD) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price target of $28.00 for the company, according to Zacks. Zacks has also assigned Quad/Graphics an industry rank of 98 out of 265 based on the ratings given to related companies.
Several equities analysts recently weighed in on the stock. TheStreet upgraded shares of Quad/Graphics from a “c” rating to a “b-” rating in a research report on Tuesday, October 31st. BidaskClub lowered shares of Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th.
In other Quad/Graphics news, Director Kathryn Quadracci Flores sold 66,107 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $21.86, for a total transaction of $1,445,099.02. Following the sale, the director now directly owns 69,081 shares of the company’s stock, valued at $1,510,110.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Thomas J. Frankowski sold 28,518 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $21.63, for a total transaction of $616,844.34. Following the sale, the chief operating officer now directly owns 220,489 shares in the company, valued at $4,769,177.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 133,625 shares of company stock valued at $2,910,583. 12.05% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QUAD. Trilogy Capital Inc. purchased a new stake in Quad/Graphics during the fourth quarter valued at about $209,000. Teacher Retirement System of Texas purchased a new stake in Quad/Graphics during the fourth quarter valued at about $240,000. HighTower Advisors LLC lifted its holdings in Quad/Graphics by 4.4% during the second quarter. HighTower Advisors LLC now owns 10,444 shares of the business services provider’s stock valued at $241,000 after purchasing an additional 444 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in Quad/Graphics during the third quarter valued at about $272,000. Finally, Voya Investment Management LLC lifted its holdings in Quad/Graphics by 22.5% during the second quarter. Voya Investment Management LLC now owns 13,034 shares of the business services provider’s stock valued at $299,000 after purchasing an additional 2,398 shares during the last quarter. 49.78% of the stock is currently owned by institutional investors and hedge funds.
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Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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