SG Americas Securities LLC Increases Holdings in Donnelley Financial Solutions $DFIN

SG Americas Securities LLC increased its position in shares of Donnelley Financial Solutions (NYSE:DFIN) by 74.0% in the first quarter, HoldingsChannel reports. The firm owned 31,532 shares of the company’s stock after acquiring an additional 13,412 shares during the quarter. SG Americas Securities LLC’s holdings in Donnelley Financial Solutions were worth $1,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Donnelley Financial Solutions in the 4th quarter worth approximately $70,000. Wealth Enhancement Advisory Services LLC raised its position in 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 buying an additional 1,138 shares during the last quarter. Vestcor Inc purchased a new position in Donnelley Financial Solutions during the 3rd quarter worth approximately $160,000. LSV Asset Management lifted its stake in Donnelley Financial Solutions by 117.6% during the 4th quarter. LSV Asset Management now owns 3,700 shares of the company’s stock valued at $173,000 after acquiring an additional 2,000 shares during the period. Finally, BNP Paribas Financial Markets lifted 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 acquiring an additional 1,160 shares during the period. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DFIN. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th. Wall Street Zen cut shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Zacks Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Finally, DA Davidson lowered their price target on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $59.50.

Donnelley Financial Solutions Stock Up 0.0%

Shares of DFIN stock opened at $46.23 on Friday. The stock has a 50 day moving average of $41.36 and a 200 day moving average of $46.14. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59. The stock has a market cap of $1.15 billion, a P/E ratio of 35.84 and a beta of 0.72. Donnelley Financial Solutions has a twelve month low of $36.11 and a twelve month high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.35 by $0.10. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The business had revenue of $205.50 million for the quarter, compared to analyst estimates of $204.80 million. During the same quarter in the prior year, the firm posted $1.24 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. As a group, sell-side analysts expect that Donnelley Financial Solutions will post 4.46 EPS for the current year.

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.