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

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

Several analysts have issued reports on DFIN shares. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. DA Davidson dropped their target price on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th.

Institutional Trading of Donnelley Financial Solutions

Several large investors have recently added to or reduced their stakes in DFIN. Simcoe Capital Management LLC increased its position in shares of Donnelley Financial Solutions by 14.4% during the 3rd quarter. Simcoe Capital Management LLC now owns 1,187,190 shares of the company’s stock worth $61,057,000 after purchasing an additional 149,455 shares during the last quarter. Alberta Investment Management Corp increased its position in shares of Donnelley Financial Solutions by 75.0% during the 3rd quarter. Alberta Investment Management Corp now owns 350,000 shares of the company’s stock worth $18,000,000 after purchasing an additional 150,000 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Donnelley Financial Solutions during the 3rd quarter worth about $621,000. Vanguard Group Inc. boosted its holdings in Donnelley Financial Solutions by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock valued at $96,032,000 after acquiring an additional 49,875 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in Donnelley Financial Solutions during the 3rd quarter valued at about $3,388,000. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN opened at $39.65 on Tuesday. The business’s 50 day moving average price is $43.84 and its 200 day moving average price is $46.72. The firm has a market cap of $990.33 million, a P/E ratio of 30.73 and a beta of 0.74. Donnelley Financial Solutions has a 52 week low of $36.11 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.

Donnelley Financial Solutions (NYSE:DFIN) last posted 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 return on equity of 24.80% and a net margin of 4.52%.The firm had revenue of $205.50 million during the quarter, compared to the consensus estimate of $204.80 million. During the same period in the prior year, the company earned $1.24 EPS. The firm’s revenue was up 2.2% compared to the same quarter last year. On average, sell-side analysts expect that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

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.