Donnelley Financial Solutions (NYSE:DFIN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Donnelley Financial Solutions (NYSE:DFIN) has been assigned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $63.50.

Several research firms recently issued reports on DFIN. DA Davidson set a $70.00 price objective on shares of Donnelley Financial Solutions in a research note on Friday, October 24th. CJS Securities raised Donnelley Financial Solutions to a “strong-buy” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Monday, December 22nd. Needham & Company LLC cut their price objective on Donnelley Financial Solutions from $72.00 to $57.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Finally, Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 19th.

Donnelley Financial Solutions Trading Up 1.2%

NYSE:DFIN opened at $47.01 on Tuesday. The stock’s 50 day moving average price is $47.09 and its 200 day moving average price is $53.45. Donnelley Financial Solutions has a 52 week low of $37.80 and a 52 week high of $69.93. The company has a market capitalization of $1.25 billion, a P/E ratio of 44.77 and a beta of 0.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.13 and a current ratio of 1.13.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Wednesday, October 29th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.29. Donnelley Financial Solutions had a net margin of 4.33% and a return on equity of 22.46%. The firm had revenue of $175.30 million during the quarter, compared to analysts’ expectations of $169.70 million. During the same period in the previous year, the company earned $0.48 earnings per share. The company’s revenue was down 2.3% compared to the same quarter last year.

Institutional Trading of Donnelley Financial Solutions

Large investors have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its holdings in Donnelley Financial Solutions by 3.0% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 32,745 shares of the company’s stock worth $1,682,000 after acquiring an additional 951 shares during the period. XTX Topco Ltd acquired a new stake in shares of Donnelley Financial Solutions in the third quarter valued at about $681,000. Shapiro Capital Management LLC increased its stake in shares of Donnelley Financial Solutions by 33.1% in the third quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock worth $36,586,000 after purchasing an additional 176,720 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Donnelley Financial Solutions by 14.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 122,941 shares of the company’s stock worth $6,323,000 after purchasing an additional 15,647 shares during the last quarter. Finally, Numerai GP LLC lifted its position in shares of Donnelley Financial Solutions by 112.4% during the 3rd quarter. Numerai GP LLC now owns 11,963 shares of the company’s stock worth $615,000 after purchasing an additional 6,330 shares during the last quarter. 93.84% of the stock is owned by institutional investors.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.