MUFG Securities EMEA plc purchased a new position in shares of LSC Communications Inc (NYSE:LKSD) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 188,200 shares of the company’s stock, valued at approximately $1,317,000.

Several other large investors also recently bought and sold shares of the company. American Century Companies Inc. increased its holdings in LSC Communications by 30.9% in the 3rd quarter. American Century Companies Inc. now owns 320,440 shares of the company’s stock valued at $3,544,000 after acquiring an additional 75,690 shares during the last quarter. Stone Ridge Asset Management LLC bought a new stake in LSC Communications in the 3rd quarter valued at $153,000. Commonwealth Bank of Australia bought a new stake in shares of LSC Communications in the 3rd quarter worth about $400,000. Virtu Financial LLC bought a new stake in shares of LSC Communications in the 3rd quarter worth about $123,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of LSC Communications by 5.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,765,127 shares of the company’s stock worth $19,523,000 after buying an additional 96,917 shares during the last quarter. 83.74% of the stock is currently owned by institutional investors and hedge funds.

LSC Communications stock opened at $7.00 on Friday. LSC Communications Inc has a twelve month low of $6.60 and a twelve month high of $18.64. The company has a debt-to-equity ratio of 3.70, a quick ratio of 0.99 and a current ratio of 1.28. The stock has a market capitalization of $233.21 million, a PE ratio of 5.69, a price-to-earnings-growth ratio of -2.41 and a beta of 1.39.

LSC Communications (NYSE:LKSD) last posted its earnings results on Tuesday, February 19th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. LSC Communications had a negative net margin of 0.60% and a positive return on equity of 19.42%. The firm had revenue of $939.00 million for the quarter, compared to the consensus estimate of $931.70 million. During the same period in the previous year, the firm posted $0.50 EPS. The business’s quarterly revenue was down 6.0% on a year-over-year basis. On average, equities analysts forecast that LSC Communications Inc will post 1.47 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, March 4th. Stockholders of record on Friday, February 15th were issued a $0.26 dividend. The ex-dividend date of this dividend was Thursday, February 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 14.86%. LSC Communications’s dividend payout ratio (DPR) is presently 84.55%.

Separately, Zacks Investment Research upgraded shares of LSC Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 12th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $14.40.

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LSC Communications Profile

LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products. It operates through Print and Office Products segments. The Print segment produces magazines, catalogs, retail inserts, books, and directories. It also provides supply-chain management and various print-related services, including mail-list management and sortation, e-book formatting, and distribution services.

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Institutional Ownership by Quarter for LSC Communications (NYSE:LKSD)

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