GSA Capital Partners LLP Raises Stake in RR Donnelley & Sons Co (RRD)

GSA Capital Partners LLP grew its holdings in RR Donnelley & Sons Co (NYSE:RRD) by 182.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 460,567 shares of the business services provider’s stock after purchasing an additional 297,550 shares during the period. GSA Capital Partners LLP owned about 0.65% of RR Donnelley & Sons worth $2,487,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of RRD. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of RR Donnelley & Sons by 23.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 591,057 shares of the business services provider’s stock valued at $3,192,000 after purchasing an additional 112,557 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of RR Donnelley & Sons by 49.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,151,853 shares of the business services provider’s stock valued at $6,220,000 after purchasing an additional 378,642 shares in the last quarter. Credit Suisse AG lifted its holdings in shares of RR Donnelley & Sons by 8.4% during the 3rd quarter. Credit Suisse AG now owns 856,243 shares of the business services provider’s stock valued at $4,624,000 after purchasing an additional 66,602 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of RR Donnelley & Sons by 3.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,564,011 shares of the business services provider’s stock valued at $8,445,000 after purchasing an additional 55,050 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of RR Donnelley & Sons by 190.5% during the 3rd quarter. Prudential Financial Inc. now owns 606,899 shares of the business services provider’s stock valued at $3,277,000 after purchasing an additional 397,980 shares in the last quarter. Institutional investors own 85.30% of the company’s stock.

Several research firms have recently weighed in on RRD. Buckingham Research upgraded RR Donnelley & Sons from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $6.00 to $8.00 in a report on Tuesday, September 4th. ValuEngine upgraded RR Donnelley & Sons from a “sell” rating to a “hold” rating in a report on Thursday, August 30th.

NYSE:RRD opened at $6.33 on Friday. RR Donnelley & Sons Co has a fifty-two week low of $4.09 and a fifty-two week high of $9.79. The stock has a market cap of $440.00 million, a PE ratio of 7.18 and a beta of 0.73.

RR Donnelley & Sons (NYSE:RRD) last announced its earnings results on Tuesday, October 30th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. RR Donnelley & Sons had a negative return on equity of 28.57% and a negative net margin of 0.59%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the firm earned $0.30 EPS. RR Donnelley & Sons’s revenue for the quarter was down 4.9% compared to the same quarter last year. On average, analysts forecast that RR Donnelley & Sons Co will post 0.81 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Wednesday, November 14th. RR Donnelley & Sons’s dividend payout ratio is presently 10.00%.

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RR Donnelley & Sons Company Profile

R.R. Donnelley & Sons Company, an integrated communications company, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. The company operates through Variable Print, Strategic Services, and International segments. It offers commercial and digital print, direct mail, statement printing, logistics, sourcing, and digital and creative services, as well as produces and sells labels, forms, educational testing materials, inserts, and books.

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

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