LSC Communications (LKSD) Sets New 1-Year Low at $12.27

LSC Communications Inc (NYSE:LKSD) hit a new 52-week low on Tuesday . The company traded as low as $12.27 and last traded at $12.27, with a volume of 95153 shares. The stock had previously closed at $12.49.

A number of equities research analysts have recently commented on the stock. BidaskClub cut shares of LSC Communications from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. ValuEngine upgraded shares of LSC Communications from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 9th. Citigroup upgraded shares of LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 price objective on the stock in a research report on Tuesday, November 14th. Finally, Zacks Investment Research downgraded shares of LSC Communications from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $24.00.

The company has a market cap of $449.15, a P/E ratio of 42.76, a price-to-earnings-growth ratio of -2.88 and a beta of 3.43. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 2.47.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Thursday, February 15th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 8.51%. This is a boost from LSC Communications’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, February 14th. LSC Communications’s dividend payout ratio (DPR) is presently 344.84%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its stake in shares of LSC Communications by 59.1% during the 2nd quarter. BlackRock Inc. now owns 4,701,098 shares of the company’s stock worth $100,603,000 after purchasing an additional 1,746,936 shares during the period. Vanguard Group Inc. lifted its holdings in LSC Communications by 43.0% during the 2nd quarter. Vanguard Group Inc. now owns 4,434,192 shares of the company’s stock valued at $94,891,000 after buying an additional 1,333,143 shares in the last quarter. Northern Trust Corp lifted its holdings in LSC Communications by 175.3% during the 2nd quarter. Northern Trust Corp now owns 454,096 shares of the company’s stock valued at $9,718,000 after buying an additional 289,137 shares in the last quarter. State Street Corp lifted its holdings in LSC Communications by 34.5% during the 2nd quarter. State Street Corp now owns 838,168 shares of the company’s stock valued at $17,941,000 after buying an additional 214,943 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in LSC Communications by 157.9% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 318,878 shares of the company’s stock valued at $6,824,000 after buying an additional 195,257 shares in the last quarter. 83.74% of the stock is owned by institutional investors.

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LSC Communications Company Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.

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