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

Donnelley Financial Solutions (NYSE:DFIN) has received a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $61.50.

Several equities analysts have issued reports on the stock. Needham & Company LLC restated a “buy” rating and issued a $57.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday. Wall Street Zen cut shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday. CJS Securities upgraded Donnelley Financial Solutions to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th.

Donnelley Financial Solutions Price Performance

Donnelley Financial Solutions stock opened at $55.28 on Friday. The stock has a 50-day moving average price of $47.59 and a two-hundred day moving average price of $52.58. Donnelley Financial Solutions has a 12 month low of $37.80 and a 12 month high of $69.93. The company has a market capitalization of $1.47 billion, a PE ratio of 52.64 and a beta of 0.90. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.29. Donnelley Financial Solutions had a return on equity of 22.46% and a net margin of 4.33%.The company had revenue of $175.30 million for the quarter, compared to analysts’ expectations of $169.70 million. During the same period in the previous year, the business posted $0.48 earnings per share. The business’s quarterly revenue was down 2.3% compared to the same quarter last year.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DFIN. Allspring Global Investments Holdings LLC lifted its position in shares of Donnelley Financial Solutions by 43.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 176,885 shares of the company’s stock worth $10,937,000 after purchasing an additional 53,598 shares during the period. Loomis Sayles & Co. L P raised its stake in Donnelley Financial Solutions by 27.0% during the second quarter. Loomis Sayles & Co. L P now owns 180,427 shares of the company’s stock worth $11,123,000 after buying an additional 38,413 shares during the last quarter. Westwood Holdings Group Inc. bought a new position in Donnelley Financial Solutions during the second quarter worth $37,603,000. Frontier Capital Management Co. LLC lifted its holdings in Donnelley Financial Solutions by 5.7% in the second quarter. Frontier Capital Management Co. LLC now owns 554,828 shares of the company’s stock valued at $34,205,000 after buying an additional 29,849 shares during the period. Finally, William Blair Investment Management LLC boosted its position in Donnelley Financial Solutions by 4.9% during the second quarter. William Blair Investment Management LLC now owns 410,773 shares of the company’s stock valued at $25,324,000 after acquiring an additional 19,261 shares during the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

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.