SG Americas Securities LLC Purchases 13,412 Shares of Donnelley Financial Solutions $DFIN

SG Americas Securities LLC boosted its position in shares of Donnelley Financial Solutions (NYSE:DFIN) by 74.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,532 shares of the company’s stock after acquiring an additional 13,412 shares during the period. SG Americas Securities LLC owned 0.12% of Donnelley Financial Solutions worth $1,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Donnelley Financial Solutions in the fourth quarter worth $70,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Donnelley Financial Solutions by 117.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock valued at $98,000 after purchasing an additional 1,138 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Donnelley Financial Solutions during the 3rd quarter valued at $160,000. LSV Asset Management boosted its position in shares of Donnelley Financial Solutions by 117.6% in the 4th quarter. LSV Asset Management now owns 3,700 shares of the company’s stock worth $173,000 after purchasing an additional 2,000 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Donnelley Financial Solutions by 64.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,973 shares of the company’s stock worth $183,000 after purchasing an additional 1,160 shares in the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Donnelley Financial Solutions Trading Up 0.0%

NYSE DFIN opened at $46.23 on Friday. The company has a fifty day simple moving average of $41.36 and a two-hundred day simple moving average of $46.14. The stock has a market cap of $1.15 billion, a P/E ratio of 35.84 and a beta of 0.72. Donnelley Financial Solutions has a 12-month low of $36.11 and a 12-month high of $66.25. 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 announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.10. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The firm had revenue of $205.50 million for the quarter, compared to analyst estimates of $204.80 million. During the same period in the previous year, the company earned $1.24 earnings per share. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. On average, analysts forecast that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Friday, June 12th. Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. Zacks Research raised Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Finally, 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 note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Donnelley Financial Solutions has a consensus rating of “Buy” and a consensus price target 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.