Donnelley Financial Solutions (NYSE:DFIN) Receives Consensus Recommendation of "Buy" from Brokerages

Key Points

• Five analysts give Donnelley Financial Solutions a consensus recommendation of Buy (one hold, two buy, two strong-buy) with an average 1-year price target of $61.50.
• DFIN's latest quarter beat expectations — $0.70 EPS vs. $0.40 expected and $172.5M revenue vs. $155.3M, a 10.4% year-over-year revenue increase.
• Institutional ownership is very high at 93.84%, with large investors increasing positions (e.g., Alberta Investment Management boosted its stake 151% to 879,600 shares, ~$41M), indicating strong institutional demand.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) has earned a consensus recommendation of "Buy" from the five analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $61.50.

DFIN has been the subject of several research analyst reports. Weiss Ratings reiterated a "hold (c-)" rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. CJS Securities raised Donnelley Financial Solutions to a "strong-buy" rating in a research note on Thursday, December 11th. Zacks Research raised Donnelley Financial Solutions from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 20th. Needham & Company LLC reiterated a "buy" rating and set a $57.00 price objective on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. Finally, Wall Street Zen raised Donnelley Financial Solutions from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 7th.

Donnelley Financial Solutions Price Performance

Shares of Donnelley Financial Solutions stock opened at $49.52 on Friday. The company has a 50-day simple moving average of $49.38 and a two-hundred day simple moving average of $49.99. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 46.28 and a beta of 0.87. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.44. Donnelley Financial Solutions has a twelve month low of $37.07 and a twelve month high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.30. Donnelley Financial Solutions had a net margin of 4.22% and a return on equity of 23.88%. The business had revenue of $172.50 million during the quarter, compared to analyst estimates of $155.27 million. During the same period in the previous year, the business earned $0.40 EPS. Donnelley Financial Solutions's revenue was up 10.4% compared to the same quarter last year.

Institutional Trading of Donnelley Financial Solutions

Large investors have recently bought and sold shares of the company. Villanova Investment Management Co LLC purchased a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth approximately $2,364,000. Alberta Investment Management Corp increased its holdings in shares of Donnelley Financial Solutions by 151.3% during the fourth quarter. Alberta Investment Management Corp now owns 879,600 shares of the company's stock valued at $41,069,000 after acquiring an additional 529,600 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Donnelley Financial Solutions by 2.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 8,120 shares of the company's stock worth $379,000 after purchasing an additional 220 shares during the last quarter. State of Tennessee Department of Treasury boosted its stake in Donnelley Financial Solutions by 99.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 12,340 shares of the company's stock worth $639,000 after purchasing an additional 6,165 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in Donnelley Financial Solutions by 24.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 290,414 shares of the company's stock valued at $13,559,000 after purchasing an additional 57,066 shares in the last quarter. 93.84% of the stock is owned by institutional investors.

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.

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