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

Donnelley Financial Solutions Inc (NYSE:DFIN) has been given an average recommendation of “Hold” by the seven brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $24.00.

Several research firms have recently issued reports on DFIN. ValuEngine lowered Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, November 15th. Zacks Investment Research lowered Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a research note on Friday, November 9th. JPMorgan Chase & Co. lowered Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a research note on Tuesday, September 25th. Finally, Bank of America lowered Donnelley Financial Solutions from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a research note on Friday, August 3rd.

Several large investors have recently bought and sold shares of DFIN. Glen Harbor Capital Management LLC raised its holdings in shares of Donnelley Financial Solutions by 45.5% in the second quarter. Glen Harbor Capital Management LLC now owns 9,452 shares of the company’s stock worth $164,000 after buying an additional 2,958 shares during the period. Putnam Investments LLC purchased a new stake in shares of Donnelley Financial Solutions in the second quarter worth approximately $2,263,000. Millennium Management LLC raised its holdings in shares of Donnelley Financial Solutions by 1,128.8% in the second quarter. Millennium Management LLC now owns 757,495 shares of the company’s stock worth $13,158,000 after buying an additional 695,849 shares during the period. Sei Investments Co. raised its holdings in shares of Donnelley Financial Solutions by 51.8% in the second quarter. Sei Investments Co. now owns 77,419 shares of the company’s stock worth $1,345,000 after buying an additional 26,410 shares during the period. Finally, Mcclain Value Management LLC raised its holdings in shares of Donnelley Financial Solutions by 43.8% in the second quarter. Mcclain Value Management LLC now owns 209,604 shares of the company’s stock worth $3,641,000 after buying an additional 63,877 shares during the period. 89.64% of the stock is owned by institutional investors and hedge funds.

Shares of Donnelley Financial Solutions stock opened at $16.30 on Friday. Donnelley Financial Solutions has a 12 month low of $14.48 and a 12 month high of $22.17. The company has a market cap of $555.83 million, a P/E ratio of 16.98, a PEG ratio of 5.07 and a beta of 2.04. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.50 and a quick ratio of 1.44.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $1.31. Donnelley Financial Solutions had a return on equity of 40.53% and a net margin of 5.15%. The company had revenue of $216.90 million during the quarter, compared to analyst estimates of $218.00 million. Research analysts predict that Donnelley Financial Solutions will post 0.4 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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