- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
So far in 2012, R.R. Donnelley & Sons Company’s (NASDAQ:RRD) shares are down 26.13%. On May 22, the company announced the acquisition of Edgar Online for $70.5 million. The company produces software that assists corporations and investors in managing and submitting regulatory filings.
The companies have had a working relationship since 2008 and according to R.R. Donnelley, the deal will encompass $1.092 per common share, the assumption of debt and a payment that is equal to the to the preferred shares’ redemption price. The deal should close in the third quarter.
With its acquisition of Edgar Online (NASDAQ:EDGR), will R.R. Donnelley’s largest shareholders increase their holdings? 417 institutional firms indicated owning shares of R.R. Donnelley & Sons Company (NASDAQ:RRD) in Q1 2012. These firms reported owning a total of 199.603 million shares on 03/31/2012. The shares closed at $12.13 on 03/31/2012.
Here are the ten largest positions in R.R. Donnelley & Sons Company at the end of March 31st, 2012.
Capital Research Global Investors held 22,476,957 shares on 03/31/2012 worth $278,489,505. This brought the portfolio total to 0.12%.
Allianz Asset Management of America L.P. held 19,914,138 shares on 03/31/2012 worth $246,736,177. This brought the portfolio total to 0.63%.
Capital World Investors held 14,150,400 shares on 03/31/2012 worth $175,323,461. This brought the portfolio total to 0.06%.
Vanguard Group Inc held 9,944,157 shares on 03/31/2012 worth $123,208,109. This brought the portfolio total to 0.02%.
Ameriprise Financial Inc held 9,711,595 shares on 03/31/2012 worth $120,326,665. This brought the portfolio total to 0.08%.
LSV Asset Management held 7,318,528 shares on 03/31/2012 worth $90,676,564. This brought the portfolio total to 0.25%.
Elm Ridge Management LLC held 6,767,444 shares on 03/31/2012 worth $83,848,633. This brought the portfolio total to 3.82%.
State Street Corp held 6,407,089 shares on 03/31/2012 worth $79,383,835. This brought the portfolio total to 0.01%.
Blackrock Fund Advisors held 6,331,607 shares on 03/31/2012 worth $78,448,613. This brought the portfolio total to 0.04%.
Wedge Capital Management LLP/NC held 6,136,787 shares on 03/31/2012 worth $76,034,793. This brought the portfolio total to 0.96%.
About the company: R. R. Donnelley & Sons Company provides commercial printing and information services. The Company provides solutions that include commercial printing, direct mail, financial printing, print fulfillment, labels, forms, logistics, call centers, transactional print-and-mail, print management, online services, digital photography, color services, and content and database management.
Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.