According to Zacks, “Donnelley Financial Solutions, Inc. provides software and services. It offers content creation, management and distribution, as well as data analytics and multi-lingual localization services. Donnelley Financial Solutions, Inc. is based in Chicago, United States. “
A number of other equities research analysts have also recently issued reports on the stock. DA Davidson dropped their price target on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. ValuEngine raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Donnelley Financial Solutions has a consensus rating of “Buy” and a consensus price target of $15.67.
Donnelley Financial Solutions stock traded up $0.09 during trading on Friday, reaching $10.02. The company had a trading volume of 186,858 shares, compared to its average volume of 209,322. The firm’s 50-day simple moving average is $9.92 and its 200 day simple moving average is $10.78. Donnelley Financial Solutions has a 1-year low of $8.89 and a 1-year high of $17.09. The firm has a market capitalization of $315.56 million, a PE ratio of 11.52, a price-to-earnings-growth ratio of 7.30 and a beta of 1.82. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.31 and a current ratio of 1.38.
In related news, Director Jeffrey Jacobowitz purchased 284,300 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of $9.93 per share, with a total value of $2,823,099.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 9.63% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in DFIN. FMR LLC increased its holdings in shares of Donnelley Financial Solutions by 54.5% during the 1st quarter. FMR LLC now owns 3,771,091 shares of the company’s stock valued at $56,114,000 after purchasing an additional 1,330,408 shares in the last quarter. Morgan Stanley increased its holdings in shares of Donnelley Financial Solutions by 549.3% during the 2nd quarter. Morgan Stanley now owns 228,648 shares of the company’s stock valued at $3,050,000 after purchasing an additional 193,432 shares in the last quarter. UBS Asset Management Americas Inc. grew its stake in Donnelley Financial Solutions by 11.2% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 29,566 shares of the company’s stock valued at $394,000 after acquiring an additional 2,976 shares during the period. State of Alaska Department of Revenue grew its stake in Donnelley Financial Solutions by 105.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 23,979 shares of the company’s stock valued at $295,000 after acquiring an additional 12,315 shares during the period. Finally, 6 Meridian grew its stake in Donnelley Financial Solutions by 46.8% in the 3rd quarter. 6 Meridian now owns 19,748 shares of the company’s stock valued at $243,000 after acquiring an additional 6,299 shares during the period. 94.12% of the stock is currently owned by institutional investors.
Donnelley Financial Solutions Company Profile
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.
Read More: How to build a Fibonacci channel
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Donnelley Financial Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions and related companies with MarketBeat.com's FREE daily email newsletter.