Donnelley Financial Solutions (NYSE:DFIN) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Donnelley Financial Solutions (NYSE:DFIN) from a buy rating to a strong-buy rating in a report published on Saturday morning.

Several other brokerages have also weighed in on DFIN. Zacks Research lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $57.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Monday, December 29th. DA Davidson reissued a “buy” rating and set a $66.00 price objective on shares of Donnelley Financial Solutions in a research note on Friday, January 30th. Finally, CJS Securities raised Donnelley Financial Solutions to a “strong-buy” rating in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $61.50.

Donnelley Financial Solutions Price Performance

Shares of NYSE:DFIN opened at $48.37 on Friday. The company has a market cap of $1.28 billion, a P/E ratio of 46.06 and a beta of 0.92. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. Donnelley Financial Solutions has a 52 week low of $37.80 and a 52 week high of $69.10. The business has a fifty day simple moving average of $49.13 and a 200-day simple moving average of $51.34.

Institutional Trading of Donnelley Financial Solutions

Large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its stake in shares of Donnelley Financial Solutions by 1,107.1% during the second quarter. Caitong International Asset Management Co. Ltd now owns 507 shares of the company’s stock worth $31,000 after purchasing an additional 465 shares in the last quarter. CWM LLC raised its holdings in shares of Donnelley Financial Solutions by 53.7% during the 2nd quarter. CWM LLC now owns 690 shares of the company’s stock valued at $43,000 after buying an additional 241 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Donnelley Financial Solutions during the 3rd quarter worth approximately $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Donnelley Financial Solutions in the 4th quarter worth approximately $70,000. Finally, Versant Capital Management Inc boosted its holdings in Donnelley Financial Solutions by 28.9% in the 3rd quarter. Versant Capital Management Inc now owns 1,528 shares of the company’s stock worth $79,000 after acquiring an additional 343 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

About Donnelley Financial Solutions

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.