Natixis Advisors L.P. raised its stake in Donnelley Financial Solutions Inc (NYSE:DFIN) by 192.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,381 shares of the company’s stock after purchasing an additional 72,596 shares during the period. Natixis Advisors L.P. owned approximately 0.33% of Donnelley Financial Solutions worth $1,895,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Aperio Group LLC bought a new position in shares of Donnelley Financial Solutions during the 1st quarter worth about $193,000. Trexquant Investment LP acquired a new stake in shares of Donnelley Financial Solutions during the 1st quarter worth about $254,000. 6 Meridian acquired a new stake in shares of Donnelley Financial Solutions during the 1st quarter worth about $395,000. Acuitas Investments LLC acquired a new stake in Donnelley Financial Solutions in the 1st quarter valued at about $449,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in Donnelley Financial Solutions in the 1st quarter valued at about $643,000. 87.23% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have weighed in on DFIN shares. ValuEngine raised shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Zacks Investment Research lowered shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Tuesday, March 6th. TheStreet lowered shares of Donnelley Financial Solutions from a “c-” rating to a “d” rating in a research note on Thursday, March 29th. Finally, DA Davidson started coverage on shares of Donnelley Financial Solutions in a research note on Thursday, June 7th. They issued a “buy” rating and a $25.00 price target on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $23.67.
Donnelley Financial Solutions opened at $18.35 on Friday, according to Marketbeat.com. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.56 and a current ratio of 1.66. Donnelley Financial Solutions Inc has a 12-month low of $15.22 and a 12-month high of $23.73. The company has a market capitalization of $600.75 million, a PE ratio of 19.11, a price-to-earnings-growth ratio of 1.63 and a beta of 2.10.
Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Wednesday, May 2nd. The company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.15. The business had revenue of $255.20 million for the quarter, compared to the consensus estimate of $262.49 million. Donnelley Financial Solutions had a net margin of 0.82% and a return on equity of 22.48%. analysts predict that Donnelley Financial Solutions Inc will post 1.17 EPS for the current fiscal year.
Donnelley Financial Solutions Profile
Donnelley Financial Solutions, Inc provides financial communications, and data and analytics services for the investment and capital markets worldwide. It offers communication tools and services to allow its clients to comply with ongoing regulatory filings; and communications services to create, manage, and deliver registration statements, prospectuses, proxies, and other communications to regulators and investors.
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