Donnelley Financial Solutions (NYSE:DFIN) Stock Price Down 11.2% – Should You Sell?

Donnelley Financial Solutions (NYSE:DFIN) shares fell 11.2% during trading on Tuesday . The stock traded as low as $43.44 and last traded at $44.9620. 28,123 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 249,919 shares. The stock had previously closed at $50.63.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Zacks Research lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. DA Davidson reissued a “buy” rating and issued a $66.00 price target on shares of Donnelley Financial Solutions in a report on Thursday, April 16th. Wall Street Zen raised shares of Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $57.00 price objective on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.50.

Donnelley Financial Solutions Stock Performance

The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 39.43 and a beta of 0.83. The stock’s 50 day moving average is $49.10 and its 200 day moving average is $48.52. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.44.

Donnelley Financial Solutions (NYSE:DFIN) last announced its earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. Donnelley Financial Solutions had a net margin of 4.22% and a return on equity of 23.88%. The firm 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 business posted $1.24 EPS. The business’s revenue was up 2.2% compared to the same quarter last year. Analysts anticipate that Donnelley Financial Solutions will post 4.12 earnings per share for the current year.

Insider Activity

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 20,280 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $50.16, for a total transaction of $1,017,244.80. Following the transaction, the insider owned 116,814 shares in the company, valued at $5,859,390.24. This represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.20% of the stock is currently owned by insiders.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in DFIN. Alliancebernstein L.P. lifted its holdings in shares of Donnelley Financial Solutions by 1,842.6% during the 2nd quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock worth $36,537,000 after acquiring an additional 562,144 shares during the period. Alberta Investment Management Corp raised its stake in shares of Donnelley Financial Solutions by 151.3% during the fourth quarter. Alberta Investment Management Corp now owns 879,600 shares of the company’s stock valued at $41,069,000 after acquiring an additional 529,600 shares during the last quarter. Royce & Associates LP raised its stake in shares of Donnelley Financial Solutions by 156.2% during the third quarter. Royce & Associates LP now owns 434,077 shares of the company’s stock valued at $22,325,000 after acquiring an additional 264,659 shares during the last quarter. Simcoe Capital Management LLC raised its stake in shares of Donnelley Financial Solutions by 34.0% during the second quarter. Simcoe Capital Management LLC now owns 1,037,735 shares of the company’s stock valued at $63,976,000 after acquiring an additional 263,570 shares during the last quarter. Finally, Shapiro Capital Management LLC increased its position in shares of Donnelley Financial Solutions by 33.1% during the third quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock worth $36,586,000 after buying an additional 176,720 shares during the period. 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.