R.R. Donnelley & Sons Co. (NYSE:RRD) CAO Andrew Coxhead unloaded 15,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $16.62, for a total transaction of $249,300.00. Following the transaction, the chief accounting officer now directly owns 121,413 shares of the company’s stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
RRD has been the subject of a number of recent research reports. Analysts at Barclays Capital reiterated a “hold” rating on shares of R.R. Donnelley & Sons Co. (NYSE:RRD) in a research note to investors on Tuesday. They now have a $16.00 price target on the stock. Separately, analysts at Benchmark Co. reiterated a “hold” rating on shares of R.R. Donnelley & Sons Co. (NYSE:RRD) in a research note to investors on Tuesday. They now have a $19.00 price target on the stock, down previously from $20.00.
Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.67.
R.R. Donnelley & Sons Co. (NYSE:RRD) traded up 1.04% during mid-day trading on Tuesday, hitting $16.57. The stock had a trading volume of 1,676,478 shares. R.R. Donnelley & Sons Co. has a 1-year low of $8.30 and a 1-year high of $19.41. The stock has a 50-day moving average of $17.54 and a 200-day moving average of $13.95. The company’s market cap is $3.011 billion.
R.R. Donnelley & Sons Co. (NYSE:RRD) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, analysts predict that R.R. Donnelley & Sons Co. will post $1.68 earnings per share for the current fiscal year.
R.R. Donnelley & Sons Company (NYSE:RRD) is a global provider of integrated communications.