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

Donnelley Financial Solutions (NYSE:DFIN) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $59.50.

Several research firms have commented on DFIN. DA Davidson lowered their price objective on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Zacks Research lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Wall Street Zen lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 20,280 shares of the stock in a transaction 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 completion of the transaction, the insider owned 116,814 shares in the company, valued at $5,859,390.24. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Donnelley Financial Solutions

Several institutional investors have recently bought and sold shares of DFIN. Blue Trust Inc. lifted its position in Donnelley Financial Solutions by 109.4% during the first quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $30,000 after purchasing an additional 336 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Donnelley Financial Solutions in the third quarter valued at $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Donnelley Financial Solutions in the fourth quarter valued at $70,000. LSV Asset Management purchased a new stake in shares of Donnelley Financial Solutions in the third quarter valued at $87,000. Finally, Vestcor Inc purchased a new stake in shares of Donnelley Financial Solutions in the third quarter valued at $160,000. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Price Performance

DFIN stock opened at $39.51 on Friday. Donnelley Financial Solutions has a 52 week low of $37.07 and a 52 week high of $66.25. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.59. The company has a fifty day simple moving average of $46.74 and a two-hundred day simple moving average of $47.59. The firm has a market capitalization of $986.91 million, a P/E ratio of 30.63 and a beta of 0.83.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.35 by $0.10. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The business had revenue of $205.50 million during the quarter, compared to analyst estimates of $204.80 million. During the same quarter last year, the business earned $1.24 earnings per share. Donnelley Financial Solutions’s quarterly revenue was up 2.2% compared to the same quarter last year. Analysts anticipate that Donnelley Financial Solutions will post 4.46 earnings per share for the current fiscal 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.