Schwab Charles Investment Management Inc. cut its holdings in Donnelley Financial Solutions Inc (NYSE:DFIN) by 1.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 331,823 shares of the company’s stock after selling 3,242 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.98% of Donnelley Financial Solutions worth $5,698,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of DFIN. Trexquant Investment LP purchased a new stake in shares of Donnelley Financial Solutions in the first quarter valued at about $254,000. Rhumbline Advisers boosted its holdings in shares of Donnelley Financial Solutions by 5.0% in the first quarter. Rhumbline Advisers now owns 78,155 shares of the company’s stock valued at $1,342,000 after acquiring an additional 3,712 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Donnelley Financial Solutions by 10.8% in the first quarter. American Century Companies Inc. now owns 851,384 shares of the company’s stock valued at $14,618,000 after acquiring an additional 83,223 shares in the last quarter. Institutional investors own 87.23% of the company’s stock.
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Several brokerages have recently weighed in on DFIN. Zacks Investment Research raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. TheStreet raised shares of Donnelley Financial Solutions from a “d” rating to a “c-” rating in a report on Wednesday, May 2nd. ValuEngine raised shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, DA Davidson began coverage on shares of Donnelley Financial Solutions in a report on Thursday, June 7th. They issued a “buy” rating and a $25.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Donnelley Financial Solutions presently has a consensus rating of “Hold” and a consensus price target of $23.67.
DFIN stock opened at $18.35 on Friday. The stock has a market cap of $600.75 million, a P/E ratio of 15.99, a P/E/G ratio of 1.63 and a beta of 2.10. Donnelley Financial Solutions Inc has a 52 week low of $15.22 and a 52 week high of $23.73. The company has a current ratio of 1.66, a quick ratio of 1.56 and a debt-to-equity ratio of 2.96.
Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Wednesday, May 2nd. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.15. The firm had revenue of $255.20 million for the quarter, compared to the consensus estimate of $262.49 million. Donnelley Financial Solutions had a net margin of 0.82% and a return on equity of 22.48%. equities analysts predict that Donnelley Financial Solutions Inc will post 1.17 earnings per share for the current year.
Donnelley Financial Solutions Company Profile
Donnelley Financial Solutions, Inc provides financial communications, and data and analytics services for the investment and capital markets worldwide. It offers communication tools and services to allow its clients to comply with ongoing regulatory filings; and communications services to create, manage, and deliver registration statements, prospectuses, proxies, and other communications to regulators and investors.