Shares of Donnelley Financial Solutions Inc (NYSE:DFIN) have received a consensus rating of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $20.00.
DFIN has been the topic of a number of analyst reports. Zacks Investment Research lowered Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 9th. ValuEngine lowered Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. Finally, Bank of America lowered Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $19.00 to $16.00 in a report on Thursday, January 17th.
Large investors have recently made changes to their positions in the stock. MetLife Investment Advisors LLC boosted its stake in Donnelley Financial Solutions by 55.3% during the 3rd quarter. MetLife Investment Advisors LLC now owns 25,002 shares of the company’s stock valued at $448,000 after purchasing an additional 8,902 shares during the period. AltraVue Capital LLC bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at approximately $2,865,000. Private Management Group Inc. bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at approximately $4,867,000. Bank of New York Mellon Corp boosted its stake in Donnelley Financial Solutions by 4.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 410,664 shares of the company’s stock valued at $7,359,000 after purchasing an additional 18,363 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Donnelley Financial Solutions by 263.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 538,384 shares of the company’s stock valued at $9,648,000 after purchasing an additional 390,211 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.
DFIN stock traded down $0.32 during mid-day trading on Friday, hitting $13.67. The stock had a trading volume of 124,280 shares, compared to its average volume of 164,518. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.33 and a quick ratio of 1.26. Donnelley Financial Solutions has a 1-year low of $13.15 and a 1-year high of $21.44. The firm has a market cap of $480.17 million, a P/E ratio of 6.33, a PEG ratio of 12.12 and a beta of 1.66.
Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Thursday, May 2nd. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Donnelley Financial Solutions had a return on equity of 29.79% and a net margin of 6.88%. The firm had revenue of $229.60 million during the quarter, compared to analyst estimates of $229.02 million. As a group, research analysts expect that Donnelley Financial Solutions will post 0.91 EPS for the current year.
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.
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