Donnelley Financial Solutions (NYSE:DFIN) Trading Down 14.8% – Time to Sell?

Donnelley Financial Solutions (NYSE:DFIN)’s share price traded down 14.8% on Thursday . The company traded as low as $43.23 and last traded at $43.7590. Approximately 40,760 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 286,188 shares. The stock had previously closed at $51.39.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. DA Davidson cut their price objective on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th. Finally, Zacks Research lowered Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions Stock Performance

The stock’s 50 day moving average is $42.74 and its two-hundred day moving average is $46.25. The firm has a market capitalization of $1.11 billion, a P/E ratio of 34.52 and a beta of 0.72. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41.

Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Thursday, July 30th. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.65 by $0.11. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The company had revenue of $224.20 million during the quarter, compared to analysts’ expectations of $221.40 million. During the same quarter in the previous year, the company posted $1.49 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that Donnelley Financial Solutions will post 4.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DFIN. Blue Trust Inc. raised its stake in shares of Donnelley Financial Solutions by 109.4% in the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $30,000 after purchasing an additional 336 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Donnelley Financial Solutions in the 4th quarter valued at approximately $70,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Donnelley Financial Solutions by 117.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock worth $98,000 after acquiring an additional 1,138 shares in the last quarter. Vestcor Inc acquired a new stake in shares of Donnelley Financial Solutions in the third quarter valued at approximately $160,000. Finally, LSV Asset Management grew its position in Donnelley Financial Solutions by 117.6% in the fourth quarter. LSV Asset Management now owns 3,700 shares of the company’s stock valued at $173,000 after purchasing an additional 2,000 shares in the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

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.