Legal & General Group Plc Has $2.38 Million Holdings in R.R. Donnelley & Sons Company (RRD)

Legal & General Group Plc grew its stake in shares of R.R. Donnelley & Sons Company (NYSE:RRD) by 14.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230,930 shares of the business services provider’s stock after acquiring an additional 28,806 shares during the period. Legal & General Group Plc owned about 0.33% of R.R. Donnelley & Sons worth $2,376,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Smith Asset Management Group LP acquired a new stake in shares of R.R. Donnelley & Sons during the 3rd quarter valued at approximately $102,000. Piedmont Investment Advisors LLC acquired a new stake in shares of R.R. Donnelley & Sons during the 2nd quarter valued at approximately $190,000. Caxton Associates LP lifted its position in shares of R.R. Donnelley & Sons by 1.3% during the 2nd quarter. Caxton Associates LP now owns 15,600 shares of the business services provider’s stock valued at $196,000 after acquiring an additional 200 shares during the period. Crossmark Global Holdings Inc. acquired a new stake in shares of R.R. Donnelley & Sons during the 3rd quarter valued at approximately $260,000. Finally, Municipal Employees Retirement System of Michigan lifted its position in shares of R.R. Donnelley & Sons by 59.3% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 26,270 shares of the business services provider’s stock valued at $271,000 after acquiring an additional 9,780 shares during the period. Institutional investors own 85.61% of the company’s stock.

R.R. Donnelley & Sons Company (RRD) opened at $9.32 on Thursday. The company has a debt-to-equity ratio of -13.69, a quick ratio of 1.19 and a current ratio of 1.50. R.R. Donnelley & Sons Company has a 12-month low of $7.15 and a 12-month high of $18.52. The stock has a market capitalization of $654.02, a P/E ratio of -1.39 and a beta of 2.13.

R.R. Donnelley & Sons (NYSE:RRD) last released its earnings results on Tuesday, October 31st. The business services provider reported $0.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.07). R.R. Donnelley & Sons had a negative return on equity of 42.52% and a negative net margin of 7.15%. The firm had revenue of $1.73 billion during the quarter. During the same period in the prior year, the firm earned $1.07 earnings per share. analysts predict that R.R. Donnelley & Sons Company will post 1.17 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were given a dividend of $0.14 per share. The ex-dividend date was Tuesday, November 14th. This represents a $0.56 dividend on an annualized basis and a yield of 6.01%. R.R. Donnelley & Sons’s dividend payout ratio (DPR) is -8.33%.

A number of equities research analysts have recently issued reports on RRD shares. ValuEngine upgraded shares of R.R. Donnelley & Sons from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of R.R. Donnelley & Sons from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 13th. Finally, TheStreet downgraded R.R. Donnelley & Sons from a “c-” rating to a “d” rating in a research report on Thursday, October 26th.

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R.R. Donnelley & Sons Company Profile

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.

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Institutional Ownership by Quarter for R.R. Donnelley & Sons (NYSE:RRD)

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