GSA Capital Partners LLP Takes $621,000 Position in Donnelley Financial Solutions $DFIN

GSA Capital Partners LLP bought a new position in shares of Donnelley Financial Solutions (NYSE:DFIN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,072 shares of the company’s stock, valued at approximately $621,000.

Several other hedge funds have also recently bought and sold shares of DFIN. Vanguard Group Inc. boosted its holdings in shares of Donnelley Financial Solutions by 2.7% in the third quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock valued at $96,032,000 after buying an additional 49,875 shares during the period. Assetmark Inc. lifted its position in Donnelley Financial Solutions by 4.2% in the 3rd quarter. Assetmark Inc. now owns 49,347 shares of the company’s stock valued at $2,538,000 after acquiring an additional 1,981 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in Donnelley Financial Solutions by 23.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 107,288 shares of the company’s stock worth $5,518,000 after purchasing an additional 20,591 shares during the period. Illinois Municipal Retirement Fund increased its holdings in Donnelley Financial Solutions by 4.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 13,982 shares of the company’s stock worth $719,000 after purchasing an additional 579 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in shares of Donnelley Financial Solutions in the 3rd quarter valued at about $87,000. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Performance

NYSE DFIN opened at $47.35 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average price is $48.52 and its two-hundred day moving average price is $50.25. Donnelley Financial Solutions has a 1 year low of $37.07 and a 1 year high of $66.25. The firm has a market capitalization of $1.21 billion, a P/E ratio of 44.25 and a beta of 0.92.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.30. The company had revenue of $172.50 million during the quarter, compared to the consensus estimate of $155.27 million. Donnelley Financial Solutions had a net margin of 4.22% and a return on equity of 23.88%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 EPS.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. CJS Securities raised Donnelley Financial Solutions to a “strong-buy” rating in a research report on Thursday, December 11th. Wall Street Zen raised Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Zacks Research downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $57.00 target price on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $61.50.

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.