Quad/Graphics (NYSE:QUAD) Downgraded by StockNews.com to Buy

StockNews.com downgraded shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a research report report published on Friday.

Several other brokerages also recently weighed in on QUAD. Rosenblatt Securities lifted their target price on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research note on Monday, November 25th. Barrington Research restated an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Stock Performance

Shares of NYSE:QUAD opened at $6.72 on Friday. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The firm’s 50 day moving average is $7.27 and its two-hundred day moving average is $6.02. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13.

Hedge Funds Weigh In On Quad/Graphics

Hedge funds have recently modified their holdings of the stock. Inspire Investing LLC acquired a new position in shares of Quad/Graphics in the 4th quarter valued at $1,150,000. Bank of Montreal Can purchased a new stake in Quad/Graphics during the second quarter valued at about $408,000. Jane Street Group LLC boosted its holdings in shares of Quad/Graphics by 96.4% in the third quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider’s stock worth $386,000 after buying an additional 41,786 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of Quad/Graphics by 125.4% in the third quarter. Harbor Capital Advisors Inc. now owns 72,538 shares of the business services provider’s stock worth $329,000 after acquiring an additional 40,363 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Quad/Graphics by 450.4% during the third quarter. BNP Paribas Financial Markets now owns 47,155 shares of the business services provider’s stock valued at $214,000 after acquiring an additional 38,588 shares during the period. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.