Donnelley Financial Solutions (DFIN) Downgraded by ValuEngine

Donnelley Financial Solutions (NYSE:DFIN) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a report released on Friday.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Citigroup reissued a “neutral” rating and set a $22.00 price objective on shares of Donnelley Financial Solutions in a research report on Thursday, November 16th. Finally, BidaskClub cut 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 assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $23.33.

Donnelley Financial Solutions (DFIN) opened at $21.44 on Friday. The stock has a market cap of $702.96 and a PE ratio of 21.66. The company has a current ratio of 1.57, a quick ratio of 1.44 and a debt-to-equity ratio of 2.81. Donnelley Financial Solutions has a 1 year low of $18.06 and a 1 year high of $27.08.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ 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%. research analysts forecast that Donnelley Financial Solutions will post 1.05 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $204,000. UBS Asset Management Americas Inc. bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $259,000. Voya Investment Management LLC bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $272,000. Cornerstone Capital Management Holdings LLC. bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $287,000. Finally, Nationwide Fund Advisors bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at about $348,000. 84.60% of the stock is currently owned by institutional investors and hedge funds.

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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.

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