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

Donnelley Financial Solutions (NYSE:DFIN) has been assigned an average recommendation of “Moderate Buy” from the five research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $63.50.

Several analysts have recently issued reports on the company. Zacks Research lowered Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Monday, December 15th. Wall Street Zen raised shares of Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 6th. DA Davidson set a $70.00 price target on shares of Donnelley Financial Solutions in a report on Friday, October 24th. Finally, CJS Securities raised shares of Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFIN. Vanguard Group Inc. boosted its stake in shares of Donnelley Financial Solutions by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock valued at $96,032,000 after purchasing an additional 49,875 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Donnelley Financial Solutions by 8.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,237,306 shares of the company’s stock valued at $63,634,000 after purchasing an additional 91,494 shares during the last quarter. Simcoe Capital Management LLC boosted its position in Donnelley Financial Solutions by 14.4% in the third 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 in the last quarter. Shapiro Capital Management LLC grew its stake 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 buying an additional 176,720 shares during the last quarter. Finally, Westwood Holdings Group Inc. acquired a new position in shares of Donnelley Financial Solutions during the second quarter worth $37,603,000. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN opened at $46.27 on Tuesday. The business’s 50 day moving average price is $47.73 and its two-hundred day moving average price is $53.83. The company has a market cap of $1.23 billion, a PE ratio of 44.06 and a beta of 0.90. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. Donnelley Financial Solutions has a twelve month low of $37.80 and a twelve month high of $69.93.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.29. Donnelley Financial Solutions had a return on equity of 22.46% and a net margin of 4.33%.The business had revenue of $175.30 million for the quarter, compared to the consensus estimate of $169.70 million. During the same quarter in the prior year, the business posted $0.48 earnings per share. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year.

Donnelley Financial Solutions Company 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.