UBS Group AG Increases Stock Holdings in Donnelley Financial Solutions $DFIN

UBS Group AG increased its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN) by 188.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,365 shares of the company’s stock after buying an additional 87,730 shares during the quarter. UBS Group AG’s holdings in Donnelley Financial Solutions were worth $6,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new stake in Donnelley Financial Solutions during the 3rd quarter valued at about $52,000. LSV Asset Management purchased a new stake in Donnelley Financial Solutions during the 3rd quarter valued at about $87,000. Vestcor Inc purchased a new stake in Donnelley Financial Solutions during the 3rd quarter valued at about $160,000. BNP Paribas Financial Markets grew its stake in Donnelley Financial Solutions by 64.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,973 shares of the company’s stock valued at $183,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Caprock Group LLC purchased a new stake in Donnelley Financial Solutions during the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on DFIN. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. DA Davidson dropped their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.50.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock opened at $38.51 on Wednesday. The stock has a market cap of $961.98 million, a PE ratio of 29.85 and a beta of 0.83. The business has a 50-day simple moving average of $47.07 and a 200-day simple moving average of $47.68. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.59. Donnelley Financial Solutions has a 52-week low of $37.07 and a 52-week high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.24 EPS. On average, equities analysts expect that Donnelley Financial Solutions will post 4.46 EPS for the current year.

Insider Activity

In other news, insider Eric J. Johnson sold 20,280 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $50.16, for a total value of $1,017,244.80. Following the completion of the transaction, the insider owned 116,814 shares of the company’s stock, valued at $5,859,390.24. The trade was a 14.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.20% of the stock is currently owned by company insiders.

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.