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

Donnelley Financial Solutions (NYSE:DFIN) has been given an average recommendation of “Moderate Buy” by the five ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $61.50.

DFIN has been the subject of several analyst reports. Wall Street Zen upgraded Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. CJS Securities upgraded Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. Needham & Company LLC reissued a “buy” rating and issued a $57.00 price target on shares of Donnelley Financial Solutions in a research note on Wednesday, January 14th. Finally, Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th.

Institutional Investors Weigh In On Donnelley Financial Solutions

Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its stake in 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 during the period. CWM LLC increased 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 worth $43,000 after buying an additional 241 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Donnelley Financial Solutions during the 3rd quarter worth $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Donnelley Financial Solutions in the 4th quarter worth $70,000. Finally, Versant Capital Management Inc boosted its holdings in Donnelley Financial Solutions by 28.9% in the third quarter. Versant Capital Management Inc now owns 1,528 shares of the company’s stock valued at $79,000 after acquiring an additional 343 shares during the last quarter. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Stock Performance

NYSE:DFIN opened at $44.39 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $1.18 billion, a PE ratio of 42.28 and a beta of 0.92. The firm has a 50 day simple moving average of $49.02 and a 200-day simple moving average of $51.00. Donnelley Financial Solutions has a 1-year low of $37.80 and a 1-year high of $67.27.

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.