Donnelley Financial Solutions (NYSE:DFIN) Upgraded at ValuEngine

ValuEngine upgraded shares of Donnelley Financial Solutions (NYSE:DFIN) from a sell rating to a hold rating in a report issued on Wednesday morning, ValuEngine reports.

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.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Thursday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.13. The company had revenue of $258.90 million during the quarter, compared to analysts’ expectations of $266.00 million. Donnelley Financial Solutions had a return on equity of 26.93% and a net margin of 6.94%. As a group, research analysts expect that Donnelley Financial Solutions will post 0.66 EPS for the current fiscal year.

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.

Read More: What factors cause inflation to rise?

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

Receive News & Ratings for Donnelley Financial Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions and related companies with MarketBeat.com's FREE daily email newsletter.