Inspire Investing LLC Boosts Stake in Donnelley Financial Solutions $DFIN

Inspire Investing LLC increased its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN) by 360.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,150 shares of the company’s stock after acquiring an additional 36,133 shares during the period. Inspire Investing LLC owned approximately 0.18% of Donnelley Financial Solutions worth $2,176,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its position in Donnelley Financial Solutions by 5.5% during the first quarter. Janney Montgomery Scott LLC now owns 56,694 shares of the company’s stock worth $2,673,000 after purchasing an additional 2,936 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Donnelley Financial Solutions in the first quarter valued at approximately $556,000. Blue Trust Inc. raised its stake in shares of Donnelley Financial Solutions by 109.4% during the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $30,000 after buying an additional 336 shares during the period. SG Americas Securities LLC raised its stake in shares of Donnelley Financial Solutions by 74.0% during the 1st quarter. SG Americas Securities LLC now owns 31,532 shares of the company’s stock worth $1,486,000 after buying an additional 13,412 shares during the period. Finally, Evolve Private Wealth LLC lifted its position in shares of Donnelley Financial Solutions by 7.9% during the 1st quarter. Evolve Private Wealth LLC now owns 9,374 shares of the company’s stock valued at $442,000 after buying an additional 686 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday. DA Davidson decreased their price objective on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Zacks Research cut shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Donnelley Financial Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions Stock Performance

DFIN opened at $42.00 on Wednesday. The firm has a market capitalization of $1.05 billion, a PE ratio of 32.56 and a beta of 0.74. Donnelley Financial Solutions has a twelve month low of $36.11 and a twelve month high of $66.25. The firm’s 50-day moving average price is $41.80 and its 200 day moving average price is $46.15. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $204.80 million. During the same quarter in the prior year, the firm earned $1.24 EPS. Donnelley Financial Solutions’s quarterly revenue was up 2.2% on a year-over-year basis. As a group, sell-side analysts expect that Donnelley Financial Solutions will post 4.46 EPS for the current fiscal year.

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.