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

Shares of Donnelley Financial Solutions (NYSE:DFIN) have earned a consensus rating of “Buy” from the five research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $59.50.

DFIN has been the topic of several research reports. Wall Street Zen lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Zacks Research raised Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. 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, Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th.

Hedge Funds Weigh In On Donnelley Financial Solutions

A number of large investors have recently modified their holdings of DFIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Donnelley Financial Solutions by 13.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,683 shares of the company’s stock valued at $729,000 after purchasing an additional 2,005 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Donnelley Financial Solutions by 1.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 101,954 shares of the company’s stock valued at $4,456,000 after buying an additional 1,674 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Donnelley Financial Solutions during the first quarter worth about $2,698,000. Intech Investment Management LLC increased its position in shares of Donnelley Financial Solutions by 34.4% during the first quarter. Intech Investment Management LLC now owns 26,290 shares of the company’s stock worth $1,149,000 after acquiring an additional 6,734 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Donnelley Financial Solutions by 22.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 76,988 shares of the company’s stock worth $4,746,000 after acquiring an additional 14,303 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors.

Donnelley Financial Solutions Stock Performance

Shares of Donnelley Financial Solutions stock opened at $49.95 on Friday. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 38.72 and a beta of 0.72. Donnelley Financial Solutions has a twelve month low of $36.11 and a twelve month high of $65.78. The company’s fifty day moving average is $41.14 and its 200 day moving average is $46.18. 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 (NYSE:DFIN) last announced its earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. The business had revenue of $205.50 million during the quarter, compared to the consensus estimate of $204.80 million. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. Donnelley Financial Solutions’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.24 earnings per share. Sell-side analysts forecast that Donnelley Financial Solutions will post 4.46 EPS for the current year.

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.