Todays Report: Today, RR Donnelley & Sons Co (RRD) Stake Raised by World Asset Management Inc

Today, RR Donnelley & Sons Co (RRD) Stake Raised by World Asset Management Inc

World Asset Management Inc boosted its stake in RR Donnelley & Sons Co (NASDAQ:RRD) by 30.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,378 shares of the company’s stock after buying an additional 3,852 shares during the period. World Asset Management Inc’s holdings in RR Donnelley & Sons Co were worth $257,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. boosted its stake in RR Donnelley & Sons Co by 1.4% in the third quarter. First Citizens Bank & Trust Co. now owns 29,046 shares of the company’s stock valued at $457,000 after buying an additional 389 shares during the last quarter. Old Mutual Global Investors UK Ltd. raised its position in shares of RR Donnelley & Sons Co by 12.4% in the third quarter. Old Mutual Global Investors UK Ltd. now owns 44,947 shares of the company’s stock valued at $706,000 after buying an additional 4,976 shares during the period. Chicago Equity Partners LLC raised its position in shares of RR Donnelley & Sons Co by 218.2% in the third quarter. Chicago Equity Partners LLC now owns 95,340 shares of the company’s stock valued at $1,499,000 after buying an additional 65,380 shares during the period. Arrow Investment Advisors LLC raised its position in shares of RR Donnelley & Sons Co by 22.0% in the third quarter. Arrow Investment Advisors LLC now owns 46,314 shares of the company’s stock valued at $728,000 after buying an additional 8,342 shares during the period. Finally, James Investment Research Inc. raised its position in shares of RR Donnelley & Sons Co by 50.7% in the third quarter. James Investment Research Inc. now owns 86,146 shares of the company’s stock valued at $1,355,000 after buying an additional 28,989 shares during the period.

Shares of RR Donnelley & Sons Co (NASDAQ:RRD) traded up 0.11% on Friday, reaching $17.76. 591,357 shares of the company’s stock traded hands. RR Donnelley & Sons Co has a 52 week low of $12.07 and a 52 week high of $24.64. The stock’s 50-day moving average price is $18.25 and its 200-day moving average price is $17.32. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 14.03 and a beta of 1.74.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, November 10th. This represents a $0.56 annualized dividend and a dividend yield of 3.15%. RR Donnelley & Sons Co’s payout ratio is currently 196.23%.

Separately, TheStreet lowered shares of RR Donnelley & Sons Co from a “buy” rating to a “hold” rating in a research note on Thursday, September 1st.

About RR Donnelley & Sons Co

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 operates through segments, which include Publishing and Retail Services, Variable Print, Strategic Services, International and Corporate.

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