Rockefeller Capital Management L.P. Has $547,000 Stock Holdings in Donnelley Financial Solutions $DFIN

Rockefeller Capital Management L.P. decreased its position in Donnelley Financial Solutions (NYSE:DFIN) by 95.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,712 shares of the company’s stock after selling 273,606 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Donnelley Financial Solutions were worth $547,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Simcoe Capital Management LLC grew its stake in Donnelley Financial Solutions by 14.4% in the 3rd quarter. Simcoe Capital Management LLC now owns 1,187,190 shares of the company’s stock valued at $61,057,000 after buying an additional 149,455 shares during the last quarter. Alberta Investment Management Corp lifted its position in Donnelley Financial Solutions by 151.3% during 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 during the last quarter. Rice Hall James & Associates LLC lifted its position in Donnelley Financial Solutions by 0.9% during the 4th quarter. Rice Hall James & Associates LLC now owns 765,939 shares of the company’s stock worth $35,762,000 after acquiring an additional 6,871 shares during the last quarter. Shapiro Capital Management LLC boosted its holdings in Donnelley Financial Solutions by 33.1% during the third quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock valued at $36,586,000 after acquiring an additional 176,720 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Donnelley Financial Solutions by 1,842.6% during the second quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock valued at $36,537,000 after acquiring an additional 562,144 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DFIN has been the topic of a number of recent analyst reports. Wall Street Zen lowered Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. DA Davidson decreased their target price on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Zacks Research raised Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Donnelley Financial Solutions currently has a consensus rating of “Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions Price Performance

Shares of NYSE:DFIN opened at $46.23 on Friday. Donnelley Financial Solutions has a 1-year low of $36.11 and a 1-year high of $66.25. The firm has a market capitalization of $1.15 billion, a PE ratio of 35.84 and a beta of 0.72. The business’s 50 day moving average is $41.36 and its 200-day moving average is $46.14. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59.

Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.10. The business had revenue of $205.50 million during the quarter, compared to analyst estimates of $204.80 million. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.Donnelley Financial Solutions’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.24 earnings per share. Sell-side analysts predict 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.