Boston Trust Walden Corp Decreases Holdings in Donnelley Financial Solutions $DFIN

Boston Trust Walden Corp reduced its stake in Donnelley Financial Solutions (NYSE:DFIN) by 10.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 467,079 shares of the company’s stock after selling 52,829 shares during the period. Boston Trust Walden Corp owned approximately 1.82% of Donnelley Financial Solutions worth $22,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DFIN. Alliancebernstein L.P. raised its holdings in shares of Donnelley Financial Solutions by 1,842.6% in the 2nd quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock worth $36,537,000 after purchasing an additional 562,144 shares in the last quarter. Alberta Investment Management Corp boosted its holdings in shares of Donnelley Financial Solutions by 151.3% in the 4th quarter. Alberta Investment Management Corp now owns 879,600 shares of the company’s stock worth $41,069,000 after acquiring an additional 529,600 shares in the last quarter. Simcoe Capital Management LLC grew its holdings 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 worth $63,976,000 after purchasing an additional 263,570 shares during the last quarter. Shapiro Capital Management LLC grew its holdings 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 purchasing an additional 176,720 shares during the last quarter. Finally, Royce & Associates LP increased its stake in shares of Donnelley Financial Solutions by 36.0% in the fourth quarter. Royce & Associates LP now owns 590,136 shares of the company’s stock valued at $27,553,000 after buying an additional 156,059 shares in the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Up 0.0%

Shares of DFIN opened at $46.23 on Friday. The stock has a fifty day moving average of $41.36 and a 200-day moving average of $46.14. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.41 and a current ratio of 1.41. Donnelley Financial Solutions has a 52 week low of $36.11 and a 52 week high of $66.25. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 35.84 and a beta of 0.72.

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

Analyst Upgrades and Downgrades

DFIN has been the topic of several research reports. Zacks Research raised Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. DA Davidson dropped their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Donnelley Financial Solutions presently has a consensus rating of “Buy” and an average target price of $59.50.

Donnelley Financial Solutions 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.