Donnelley Financial Solutions (NYSE:DFIN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Donnelley Financial Solutions (NYSE:DFIN) have received a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $61.50.

A number of equities research analysts recently weighed in on DFIN shares. DA Davidson restated a “buy” rating and issued a $66.00 price target on shares of Donnelley Financial Solutions in a report on Friday, January 30th. CJS Securities upgraded Donnelley Financial Solutions to a “strong-buy” rating in a research report on Thursday, December 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $57.00 price target on shares of Donnelley Financial Solutions in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday.

Donnelley Financial Solutions Stock Down 4.8%

DFIN stock opened at $44.39 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $49.02 and its 200 day moving average price is $51.00. Donnelley Financial Solutions has a 52 week low of $37.80 and a 52 week high of $67.27. The company has a market cap of $1.18 billion, a P/E ratio of 42.28 and a beta of 0.92.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DFIN. Westwood Holdings Group Inc. acquired a new stake in Donnelley Financial Solutions during the 2nd quarter valued at $37,603,000. Alliancebernstein L.P. lifted its position in shares of Donnelley Financial Solutions by 1,842.6% in 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 in the last quarter. Royce & Associates LP boosted its stake in shares of Donnelley Financial Solutions by 156.2% during the third quarter. Royce & Associates LP now owns 434,077 shares of the company’s stock valued at $22,325,000 after acquiring an additional 264,659 shares during the last quarter. Simcoe Capital Management LLC boosted its stake 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 valued at $63,976,000 after acquiring an additional 263,570 shares during the last quarter. Finally, Access Investment Management LLC purchased a new stake in Donnelley Financial Solutions during the 2nd quarter worth about $13,518,000. 93.84% of the stock is currently owned by institutional investors and hedge funds.

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.