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

Shares of Donnelley Financial Solutions (NYSE:DFIN) have earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $61.00.

Several brokerages have recently issued reports on DFIN. Needham & Company LLC upped their target price on shares of Donnelley Financial Solutions from $57.00 to $60.00 and gave the company a “buy” rating in a report on Friday, July 31st. Zacks Research lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th.

Donnelley Financial Solutions Price Performance

DFIN stock opened at $50.89 on Monday. The business has a 50 day moving average price of $47.68 and a 200 day moving average price of $45.90. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 35.10 and a beta of 0.71. Donnelley Financial Solutions has a fifty-two week low of $36.11 and a fifty-two week high of $57.37. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.51.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. Donnelley Financial Solutions had a net margin of 4.53% and a return on equity of 25.82%. The company had revenue of $224.20 million for the quarter, compared to analyst estimates of $221.40 million. During the same period in the prior year, the firm posted $1.49 earnings per share. The firm’s revenue was up 2.8% on a year-over-year basis. Equities research analysts anticipate that Donnelley Financial Solutions will post 4.41 earnings per share for the current fiscal year.

Insider Buying and Selling at Donnelley Financial Solutions

In other news, Director Joseph Leo Binz bought 5,780 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was purchased at an average cost of $47.75 per share, with a total value of $275,995.00. Following the transaction, the director directly owned 24,704 shares in the company, valued at $1,179,616. This trade represents a 30.54% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.20% of the company’s stock.

Institutional Investors Weigh In On Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DFIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Donnelley Financial Solutions by 13.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,683 shares of the company’s stock valued at $729,000 after acquiring an additional 2,005 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position 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 worth $4,456,000 after acquiring an additional 1,674 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Donnelley Financial Solutions in the 1st quarter valued at $2,698,000. Intech Investment Management LLC raised its position in Donnelley Financial Solutions by 34.4% in the 1st quarter. Intech Investment Management LLC now owns 26,290 shares of the company’s stock valued at $1,149,000 after purchasing an additional 6,734 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Donnelley Financial Solutions by 22.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 76,988 shares of the company’s stock valued at $4,746,000 after purchasing an additional 14,303 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

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.