Several other equities research analysts have also recently issued reports on the company. TheStreet raised Donnelley Financial Solutions from a d+ rating to a c rating in a research note on Monday, September 23rd. Zacks Investment Research cut Donnelley Financial Solutions from a hold rating to a sell rating in a research note on Wednesday, August 7th.
DFIN stock traded up $0.25 during midday trading on Wednesday, hitting $10.68. 104,634 shares of the company’s stock were exchanged, compared to its average volume of 161,314. The business has a 50-day simple moving average of $11.46 and a two-hundred day simple moving average of $13.31. The company has a current ratio of 1.50, a quick ratio of 1.43 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $388.28 million, a PE ratio of 4.94, a P/E/G ratio of 13.40 and a beta of 1.88. Donnelley Financial Solutions has a 1-year low of $10.28 and a 1-year high of $18.00.
In other news, Director Jeffrey Jacobowitz purchased 107,128 shares of the stock in a transaction dated Wednesday, August 21st. The stock was acquired at an average cost of $11.36 per share, for a total transaction of $1,216,974.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.63% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aperio Group LLC purchased a new position in shares of Donnelley Financial Solutions during the second quarter worth $141,000. Cubist Systematic Strategies LLC purchased a new position in shares of Donnelley Financial Solutions during the second quarter worth $243,000. AlphaOne Investment Services LLC boosted its position in shares of Donnelley Financial Solutions by 192.2% during the second quarter. AlphaOne Investment Services LLC now owns 18,299 shares of the company’s stock worth $244,000 after buying an additional 12,037 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Donnelley Financial Solutions by 105.6% during the third quarter. State of Alaska Department of Revenue now owns 23,979 shares of the company’s stock worth $295,000 after buying an additional 12,315 shares during the period. Finally, Zebra Capital Management LLC boosted its position in shares of Donnelley Financial Solutions by 34.0% during the second quarter. Zebra Capital Management LLC now owns 22,186 shares of the company’s stock worth $296,000 after buying an additional 5,630 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.
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