Donnelley Financial Solutions $DFIN Stock Holdings Increased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC lifted its holdings in Donnelley Financial Solutions (NYSE:DFIN) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 780,037 shares of the company’s stock after acquiring an additional 14,098 shares during the quarter. Donnelley Financial Solutions accounts for 2.0% of Rice Hall James & Associates LLC’s holdings, making the stock its 8th biggest position. Rice Hall James & Associates LLC owned approximately 3.12% of Donnelley Financial Solutions worth $36,771,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its holdings in Donnelley Financial Solutions by 198.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 71,902 shares of the company’s stock valued at $3,389,000 after purchasing an additional 47,809 shares during the last quarter. Caxton Associates LLP raised its stake in shares of Donnelley Financial Solutions by 21.9% during the 1st quarter. Caxton Associates LLP now owns 11,826 shares of the company’s stock valued at $557,000 after buying an additional 2,124 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Donnelley Financial Solutions by 30.2% during the 1st quarter. Lido Advisors LLC now owns 6,325 shares of the company’s stock valued at $298,000 after buying an additional 1,468 shares during the last quarter. State of Wyoming lifted its holdings in shares of Donnelley Financial Solutions by 598.1% in the 1st quarter. State of Wyoming now owns 9,319 shares of the company’s stock valued at $439,000 after buying an additional 7,984 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Donnelley Financial Solutions by 6.0% in the 1st quarter. Assetmark Inc. now owns 53,171 shares of the company’s stock valued at $2,506,000 after buying an additional 3,024 shares during the period. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock opened at $48.21 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59. Donnelley Financial Solutions has a 12-month low of $36.11 and a 12-month high of $65.78. The business’s 50 day moving average is $41.99 and its two-hundred day moving average is $46.23. The company has a market capitalization of $1.20 billion, a P/E ratio of 37.37 and a beta of 0.72.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.10. The business had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The business’s revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.24 earnings per share. Analysts expect that Donnelley Financial Solutions will post 4.46 EPS for the current fiscal year.

Analyst Ratings Changes

DFIN has been the topic of a number of recent research reports. Zacks Research upgraded Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Finally, DA Davidson lowered their price objective on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions 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.