Donnelley Financial Solutions $DFIN Stock Holdings Lessened by Vanguard Group Inc.

Vanguard Group Inc. lowered its stake in Donnelley Financial Solutions (NYSE:DFIN) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,830,788 shares of the company’s stock after selling 36,445 shares during the period. Vanguard Group Inc. owned approximately 6.90% of Donnelley Financial Solutions worth $85,479,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Simcoe Capital Management LLC increased its holdings in shares of Donnelley Financial Solutions by 14.4% in the third quarter. Simcoe Capital Management LLC now owns 1,187,190 shares of the company’s stock valued at $61,057,000 after buying an additional 149,455 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of Donnelley Financial Solutions in the third quarter valued at $621,000. Alberta Investment Management Corp increased its holdings in shares of Donnelley Financial Solutions by 75.0% in the third quarter. Alberta Investment Management Corp now owns 350,000 shares of the company’s stock valued at $18,000,000 after buying an additional 150,000 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Donnelley Financial Solutions by 8.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,237,306 shares of the company’s stock valued at $63,634,000 after buying an additional 91,494 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in Donnelley Financial Solutions during the 3rd quarter valued at $3,388,000. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Price Performance

Shares of NYSE:DFIN opened at $38.49 on Thursday. The company’s fifty day moving average is $48.11 and its two-hundred day moving average is $48.01. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.59. Donnelley Financial Solutions has a 12-month low of $37.07 and a 12-month high of $66.25. The company has a market cap of $961.48 million, a P/E ratio of 29.84 and a beta of 0.83.

Donnelley Financial Solutions (NYSE:DFIN) last announced its earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.10. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The company had revenue of $205.50 million for the quarter, compared to the consensus estimate of $204.80 million. During the same period in the previous year, the business earned $1.24 EPS. The company’s revenue was up 2.2% on a year-over-year basis. Equities analysts expect that Donnelley Financial Solutions will post 4.12 earnings per share for the current fiscal year.

Insider Activity at Donnelley Financial Solutions

In other news, insider Eric J. Johnson sold 20,280 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $50.16, for a total transaction of $1,017,244.80. Following the transaction, the insider directly owned 116,814 shares in the company, valued at $5,859,390.24. The trade was a 14.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DFIN has been the topic of several recent analyst reports. Zacks Research downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. DA Davidson cut their target price on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $57.00 target price on shares of Donnelley Financial Solutions in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Donnelley Financial Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $59.50.

About Donnelley Financial Solutions

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.