Donnelley Financial Solutions (DFIN) Stock Rating Lowered by ValuEngine

Donnelley Financial Solutions (NYSE:DFIN) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Friday.

Other equities research analysts have also issued reports about the stock. Citigroup reiterated a “neutral” rating and set a $22.00 target price on shares of Donnelley Financial Solutions in a research report on Thursday, November 16th. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, BidaskClub lowered shares of Donnelley Financial Solutions from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $23.33.

Shares of Donnelley Financial Solutions (NYSE DFIN) opened at $20.85 on Friday. Donnelley Financial Solutions has a 1 year low of $18.06 and a 1 year high of $27.08. The stock has a market cap of $702.65, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 14.28 and a beta of 2.83. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.44 and a current ratio of 1.57.

Donnelley Financial Solutions (NYSE:DFIN) last announced its earnings results on Thursday, November 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.09. Donnelley Financial Solutions had a net margin of 3.26% and a return on equity of 32.44%. equities research analysts anticipate that Donnelley Financial Solutions will post 1.05 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Donnelley Financial Solutions by 20.1% during the second quarter. Vanguard Group Inc. now owns 2,922,945 shares of the company’s stock valued at $67,111,000 after purchasing an additional 489,428 shares during the last quarter. FMR LLC lifted its position in Donnelley Financial Solutions by 251.6% during the second quarter. FMR LLC now owns 1,576,216 shares of the company’s stock valued at $36,190,000 after purchasing an additional 1,127,910 shares during the last quarter. Lord Abbett & CO. LLC raised its stake in shares of Donnelley Financial Solutions by 466.8% during the second quarter. Lord Abbett & CO. LLC now owns 787,399 shares of the company’s stock worth $18,079,000 after acquiring an additional 648,482 shares in the last quarter. State Street Corp raised its stake in shares of Donnelley Financial Solutions by 21.4% during the second quarter. State Street Corp now owns 705,116 shares of the company’s stock worth $16,182,000 after acquiring an additional 124,223 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Donnelley Financial Solutions by 45.2% during the second quarter. Dimensional Fund Advisors LP now owns 541,324 shares of the company’s stock worth $12,429,000 after acquiring an additional 168,498 shares in the last quarter. Institutional investors and hedge funds own 84.60% of the company’s stock.

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About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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