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Watchlist News - American Consumer News: Chatham Asset Management, Llc Sells 2,100,000 Shares of RR Donnelley & Sons Co (NYSE:RRD) Stock Publication info: Weblog post. Newstex Finance & Accounting Blogs, Chatham: Newstex. Mar 22, 2020. ProQuest document link FULL TEXT Chatham Asset Management, Llc Sells 2,100,000 Shares of RR Donnelley &Sons Co (NYSE:RRD) Stock March 22nd, 2020 - Comments Off on Chatham Asset Management, Llc Sells 2,100,000 Shares of RR Donnelley &Sons Co (NYSE:RRD) Stock - Filed Under - by Kyle Jackson RR Donnelley &Sons Co (NYSE:RRD) major shareholder Chatham Asset Management, Llc sold 2,100,000 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $1.61, for a total transaction of $3,381,000.00.

The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC. NYSE RRD opened at $1.01 on Friday. The company has a market capitalization of $71.62 million, a price-to- earnings ratio of -0.78 and a beta of 1.68. The company’s 50-day simple moving average is $2.17 and its two- hundred day simple moving average is $3.31.

RR Donnelley &Sons Co has a one year low of $1.01 and a one year high of $4.97. & RR Donnelley &Sons (NYSE:RRD) last posted its earnings results on Tuesday, February 25th. The business services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.61 billion. RR Donnelley &Sons had a negative net margin of 1.49% and a negative return on equity of 16.13%. The company’s revenue for the quarter was down 7.4% on a year-over-year basis.

During the same period last year, the business posted $0.64 EPS. As a group, equities research analysts expect that RR Donnelley &Sons Co will post 0.8 earnings per share for the current year. The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 14th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 11.88%.

The ex-dividend date of this dividend was Thursday, February 13th. RR Donnelley &Sons’s dividend payout ratio (DPR) is 18.18%. Separately, Zacks Investment Research raised shares of RR Donnelley &Sons from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC purchased a new position in RR Donnelley &Sons during the 3rd quarter valued at about $43,000.

Coldstream Capital Management Inc. purchased a new position in RR Donnelley &Sons during the 3rd quarter valued at about $46,000. ProShare Advisors LLC purchased a new position in RR Donnelley &Sons during the 4th quarter valued at about $46,000. Cresset Asset Management LLC purchased a new position in RR Donnelley &Sons during the 4th quarter valued at about $57,000. Finally, Alhambra Investment Partners LLC purchased a new position in RR Donnelley &Sons during the 4th quarter valued at about $72,000. 89.48% of the stock is currently owned by institutional investors and hedge funds.

RR Donnelley &Sons Company Profile R.R. Donnelley &Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services. See Also: Margin Receive News &Ratings for RR Donnelley &Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RR Donnelley &Sons and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News Fintech Innovation a Solid Alternative to Established Options Chatham Asset Management, Llc Sells 2,100,000 Shares of RR Donnelley &Sons Co Stock Infomedia Limited Insider Sells A$3,491,250.00 in Stock Insider Selling: Goosehead Insurance Inc CEO Sells $3,735,801.24 in Stock Cerecor Inc Major Shareholder Buys $5,428,540.06 in Stock The views expressed in any and all content distributed by Newstex and its re-distributors (collectively, the "Newstex Authoritative Content") are solely those of the respective author(s) and not necessarily the views of Newstex or its re-distributors. Stories from such authors are provided "AS IS," with no warranties, and confer no rights. The material and information provided in Newstex Authoritative Content are for general information only and should not, in any respect, be relied on as professional advice.

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Paper For Above instruction

Analyzing Corporate Transactions and Market Impact of RR Donnelley & Sons Co and Institutional Investors

The landscape of corporate finance and investment strategies is continually evolving, shaped by significant corporate transactions, stock performance, and investor activities. This paper investigates recent notable developments surrounding RR Donnelley & Sons Co, particularly focusing on asset management decisions by major shareholders, market performance, and the influence of institutional investors, with an overarching analysis of how these elements influence company valuation and market perception.

Introduction

RR Donnelley & Sons Co, a prominent business services provider specializing in integrated communication solutions, exemplifies how corporate transactions and investor behavior can significantly impact a company's financial health and market valuation. Recent activities, such as large share disposals by major shareholders like Chatham Asset Management, highlight strategic shifts and have implications for shareholder confidence and stock performance. Additionally, institutional investor participation, including hedge funds and asset managers, shapes stock liquidity and market sentiment, influencing future valuation.

Recent Share Disposition by Chatham Asset Management

On March 17, 2020, Chatham Asset Management sold 2,100,000 shares of RR Donnelley & Sons Co at an average price of $1.61, totaling approximately $3.38 million. As a major shareholder owning over 10% of the company's shares, this sale was disclosed via SEC filings, underscoring the importance of transparency in corporate governance. The sale coincided with a period when the company's stock was trading at a significantly lower price compared to its historical highs, reflecting market volatility fuelled by broader economic conditions and industry-specific challenges.

Market Performance and Financial Indicators

RR Donnelley & Sons reported earnings per share (EPS) of $0.44 for the quarter ending February 25, 2020, slightly below analysts' expectations of $0.46. Revenue was recorded at $1.63 billion, marginally above projections. Despite these relatively stable figures, the company's net margin was negative at -1.49%, and it experienced a 7.4% decline in revenue year-over-year, highlighting ongoing profitability challenges. The stock's trading range from $1.01 to $4.97 over the past year indicates heightened volatility, often influenced by macroeconomic factors and sector-specific disruptions.

Institutional Investors and Market Sentiment

Institutional investors, such as hedge funds and asset management firms, hold approximately 89.48% of RR Donnelley & Sons' stock, indicating strong institutional ownership. Notable recent activities include hedge funds like Tower Research Capital and asset managers like Cresset Asset Management acquiring significant positions, reflecting strategic confidence in the company's long-term prospects. Such ownership structures tend to impact liquidity, influence stock volatility, and shape market perceptions, especially during periods of operational uncertainty.

Dividend Policy and Investor Returns

RR Donnelley & Sons announced a quarterly dividend of $0.03 per share, yielding approximately 11.88%. The dividend payout ratio stood at 18.18%, suggesting a conservative distribution policy aimed at balancing shareholder returns with maintaining financial flexibility. The ex-dividend date was February 13, 2020, and dividend payments reflect the company's attempt to sustain investor confidence despite current financial challenges.

Analysis and Strategic Implications

The substantial share sale by Chatham Asset Management and the company's volatile stock performance underscore the importance of strategic communication and investor relations. The ongoing decline in revenue and profitability metrics suggest that RR Donnelley & Sons must innovate and adapt to sector pressures, including digital transformation and cost management. Institutional investor activity demonstrates confidence but also emphasizes the need for improved operational performance to restore investor trust and bolster stock valuation.

Conclusion

In conclusion, the recent corporate transactions, stock performance, and investment activities around RR Donnelley & Sons Co reveal much about the company’s current market valuation and investor perception. While institutional involvement provides stability, strategic steps are essential for addressing profitability concerns and enhancing shareholder value. Transparent communication of corporate strategies and operational improvements will be critical in restoring growth and market confidence in the coming years.

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