Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 1,150,000 shares, adropof23.3% from the July 15th total of 1,500,000 shares. Based on an average daily trading volume, of 238,700 shares, the days-to-cover ratio is currently 4.8 days. Approximately4.4% of the shares of the company are short sold. Approximately4.4% of the shares of the company are short sold. Based on an average daily trading volume, of 238,700 shares, the days-to-cover ratio is currently 4.8 days.
Insider Buying and Selling
In related news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $54.03, for a total value of $595,518.66. Following the completion of the sale, the insider directly owned 143,448 shares in the company, valued at approximately $7,750,495.44. This trade represents a 7.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.30% of the company's stock.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. NorthCrest Asset Manangement LLC lifted its holdings in Donnelley Financial Solutions by 2.1% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 9,943 shares of the company's stock worth $632,000 after purchasing an additional 200 shares in the last quarter. CWM LLC raised its holdings in shares of Donnelley Financial Solutions by 53.7% during the 2nd quarter. CWM LLC now owns 690 shares of the company's stock worth $43,000 after acquiring an additional 241 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Donnelley Financial Solutions by 0.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 37,922 shares of the company's stock worth $1,658,000 after acquiring an additional 261 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of Donnelley Financial Solutions by 2.4% during the 1st quarter. MetLife Investment Management LLC now owns 16,231 shares of the company's stock worth $709,000 after acquiring an additional 376 shares in the last quarter. Finally, Martingale Asset Management L P raised its holdings in shares of Donnelley Financial Solutions by 1.5% during the 1st quarter. Martingale Asset Management L P now owns 27,219 shares of the company's stock worth $1,190,000 after acquiring an additional 400 shares in the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on DFIN. Needham & Company LLC restated a "buy" rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research note on Thursday, May 1st. Wall Street Zen downgraded Donnelley Financial Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Donnelley Financial Solutions has an average rating of "Buy" and a consensus price target of $71.33.
Get Our Latest Analysis on DFIN
Donnelley Financial Solutions Stock Down 0.9%
DFIN stock opened at $54.3220 on Thursday. Donnelley Financial Solutions has a twelve month low of $37.80 and a twelve month high of $70.55. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.49 billion, a P/E ratio of 19.20 and a beta of 1.07. The business's 50-day moving average price is $59.52 and its 200-day moving average price is $53.51.
Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.07. Donnelley Financial Solutions had a return on equity of 20.03% and a net margin of 10.87%.The firm had revenue of $218.10 million for the quarter, compared to analysts' expectations of $226.13 million. During the same period in the previous year, the firm earned $1.47 EPS. The business's quarterly revenue was down 10.1% on a year-over-year basis. Donnelley Financial Solutions has set its Q3 2025 guidance at EPS.
About Donnelley Financial Solutions
(
Get Free Report)
Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).
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