Donnelley Financial Solutions Inc (DFIN) Given Consensus Recommendation of “Hold” by Analysts

Shares of Donnelley Financial Solutions Inc (NYSE:DFIN) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $20.00.

A number of research analysts have recently commented on the company. Zacks Investment Research lowered Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a report on Friday, November 9th. ValuEngine lowered Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a report on Thursday, November 15th. Finally, Bank of America lowered Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $19.00 to $16.00 in a report on Thursday, January 17th.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Texas Permanent School Fund grew its holdings in Donnelley Financial Solutions by 4.3% in the 4th quarter. Texas Permanent School Fund now owns 22,315 shares of the company’s stock valued at $313,000 after buying an additional 922 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Donnelley Financial Solutions by 5.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 46,993 shares of the company’s stock worth $659,000 after acquiring an additional 2,279 shares during the period. Principal Financial Group Inc. lifted its position in shares of Donnelley Financial Solutions by 0.8% in the 4th quarter. Principal Financial Group Inc. now owns 276,844 shares of the company’s stock worth $3,884,000 after acquiring an additional 2,315 shares during the period. Arizona State Retirement System lifted its position in shares of Donnelley Financial Solutions by 6.4% in the 4th quarter. Arizona State Retirement System now owns 52,514 shares of the company’s stock worth $737,000 after acquiring an additional 3,144 shares during the period. Finally, Quantamental Technologies LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth approximately $58,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE DFIN traded down $0.27 during mid-day trading on Tuesday, reaching $14.15. 180,400 shares of the company traded hands, compared to its average volume of 174,395. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.44 and a current ratio of 1.50. The firm has a market cap of $567.08 million, a price-to-earnings ratio of 6.55, a P/E/G ratio of 2.07 and a beta of 1.68. Donnelley Financial Solutions has a fifty-two week low of $13.15 and a fifty-two week high of $21.44.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data on Wednesday, February 27th. The company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.21). Donnelley Financial Solutions had a net margin of 5.15% and a return on equity of 40.53%. As a group, equities research analysts forecast that Donnelley Financial Solutions will post 1.01 earnings per share for the current year.

About Donnelley Financial Solutions

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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