R.R. Donnelley & Sons (RRD) Upgraded at ValuEngine

ValuEngine upgraded shares of R.R. Donnelley & Sons (NYSE:RRD) from a buy rating to a strong-buy rating in a research note released on Friday.

Other equities analysts also recently issued research reports about the stock. BidaskClub downgraded shares of R.R. Donnelley & Sons from a sell rating to a strong sell rating in a research note on Tuesday, August 8th. TheStreet downgraded shares of R.R. Donnelley & Sons from a c- rating to a d rating in a research note on Thursday, October 26th.

R.R. Donnelley & Sons (NYSE RRD) traded up $0.59 during trading hours on Friday, reaching $8.92. 1,243,500 shares of the company’s stock were exchanged, compared to its average volume of 1,171,554. The company has a debt-to-equity ratio of -13.69, a quick ratio of 1.19 and a current ratio of 1.50. The stock has a market capitalization of $583.93, a P/E ratio of 9.36 and a beta of 1.98. R.R. Donnelley & Sons has a 12 month low of $7.15 and a 12 month high of $18.52.

R.R. Donnelley & Sons (NYSE:RRD) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.07). The company had revenue of $1.73 billion for the quarter. R.R. Donnelley & Sons had a negative return on equity of 42.52% and a negative net margin of 7.15%. During the same quarter in the prior year, the company posted $1.07 earnings per share. research analysts anticipate that R.R. Donnelley & Sons will post 1.17 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend was Tuesday, November 14th. R.R. Donnelley & Sons’s dividend payout ratio is presently -7.92%.

Several hedge funds have recently modified their holdings of RRD. Capital World Investors raised its stake in shares of R.R. Donnelley & Sons by 171.0% in the 2nd quarter. Capital World Investors now owns 7,209,765 shares of the business services provider’s stock valued at $90,410,000 after acquiring an additional 4,548,853 shares during the period. BlackRock Inc. raised its stake in shares of R.R. Donnelley & Sons by 18.1% in the 2nd quarter. BlackRock Inc. now owns 13,808,558 shares of the business services provider’s stock valued at $173,160,000 after acquiring an additional 2,117,978 shares during the period. SkyBridge Capital II LLC purchased a new position in shares of R.R. Donnelley & Sons in the 2nd quarter valued at $13,689,000. Schwab Charles Investment Management Inc. raised its stake in shares of R.R. Donnelley & Sons by 207.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 945,024 shares of the business services provider’s stock valued at $11,851,000 after acquiring an additional 637,329 shares during the period. Finally, Towle & Co. increased its stake in R.R. Donnelley & Sons by 37.8% during the 3rd quarter. Towle & Co. now owns 2,123,107 shares of the business services provider’s stock worth $21,868,000 after buying an additional 582,707 shares during the period. 85.83% of the stock is currently owned by institutional investors and hedge funds.

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About R.R. Donnelley & Sons

R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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