Donnelley Financial Solutions (NYSE:DFIN) Stock Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analyst consensus is “Moderate Buy” for Donnelley Financial Solutions, with two buy ratings, one strong-buy rating and two holds. The average 12-month price target is $61, above the reported share price of $52.09.
• The company reported quarterly revenue of $224.2 million and earnings of $1.76 per share, exceeding analyst expectations; revenue increased 2.8% year over year.
• Director Joseph Leo Binz purchased 15,000 shares for approximately $724,050, while institutional investors own a substantial 93.84% of outstanding shares.

Shares of Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) have received an average recommendation of "Moderate Buy" from the five brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $61.00.

A number of equities analysts recently issued reports on the company. Zacks Research lowered Donnelley Financial Solutions from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Weiss Ratings upgraded Donnelley Financial Solutions from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 4th. Wall Street Zen cut Donnelley Financial Solutions from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 11th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $60.00 price objective on shares of Donnelley Financial Solutions in a research note on Monday, September 21st.

Insider Buying and Selling at Donnelley Financial Solutions

In related news, Director Joseph Leo Binz bought 15,000 shares of the stock in a transaction on Tuesday, September 1st. The shares were bought at an average cost of $48.27 per share, for a total transaction of $724,050.00. Following the purchase, the director owned 18,924 shares of the company's stock, valued at $913,461.48. This trade represents a 382.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.20% of the company's stock.

Institutional Investors Weigh In On Donnelley Financial Solutions

Several large investors have recently modified their holdings of DFIN. Blue Trust Inc. increased its position in 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 purchasing an additional 336 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Donnelley Financial Solutions by 330.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 650 shares of the company's stock valued at $31,000 after purchasing an additional 499 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in Donnelley Financial Solutions by 5.2% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 10,640 shares of the company's stock valued at $534,000 after purchasing an additional 528 shares in the last quarter. Keating Financial Advisory Services Inc. purchased a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $29,000. Finally, Evolve Private Wealth LLC boosted its stake 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 worth $442,000 after purchasing an additional 686 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Trading Up 0.5%

Shares of Donnelley Financial Solutions stock opened at $52.09 on Tuesday. Donnelley Financial Solutions has a 1 year low of $36.11 and a 1 year high of $56.26. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $1.28 billion, a P/E ratio of 35.92 and a beta of 0.75. The company's fifty day moving average is $48.66 and its two-hundred day moving average is $46.08.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.13. Donnelley Financial Solutions had a net margin of 4.53% and a return on equity of 25.82%. The company had revenue of $224.20 million for the quarter, compared to analyst estimates of $221.40 million. During the same period in the previous year, the business posted $1.49 earnings per share. Donnelley Financial Solutions's quarterly revenue was up 2.8% on a year-over-year basis. Analysts forecast that Donnelley Financial Solutions will post 4.41 earnings per share for the current year.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc NYSE: DFIN provides software and technology-enabled services that support financial reporting, regulatory compliance, capital markets transactions and investment communications. The company serves public companies, private companies, investment firms and other organizations that need to prepare, manage and distribute business-critical financial information.

Its offerings include regulatory filing and reporting solutions, financial disclosure management software, data rooms for mergers and acquisitions, and tools for managing shareholder and investment-company communications.

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