Zebra Capital Management LLC purchased a new stake in Donnelley Financial Solutions Inc (NYSE:DFIN) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,019 shares of the company’s stock, valued at approximately $174,000.
Several other institutional investors also recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its position 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 worth $1,342,000 after purchasing an additional 3,712 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Donnelley Financial Solutions in the first quarter worth $254,000. Aperio Group LLC bought a new stake in shares of Donnelley Financial Solutions in the first quarter worth $193,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Donnelley Financial Solutions in the first quarter worth $643,000. Finally, 6 Meridian bought a new stake in shares of Donnelley Financial Solutions in the first quarter worth $395,000. Institutional investors own 86.17% of the company’s stock.
NYSE DFIN traded down $0.01 on Wednesday, hitting $20.25. 284 shares of the stock were exchanged, compared to its average volume of 245,130. The company has a current ratio of 1.83, a quick ratio of 1.74 and a debt-to-equity ratio of 2.69. Donnelley Financial Solutions Inc has a 52 week low of $15.22 and a 52 week high of $22.50. The firm has a market capitalization of $702.10 million, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 2.89 and a beta of 2.33.
Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Thursday, August 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.10). Donnelley Financial Solutions had a return on equity of 18.40% and a net margin of 0.83%. The firm had revenue of $290.60 million for the quarter, compared to the consensus estimate of $297.13 million. research analysts anticipate that Donnelley Financial Solutions Inc will post 0.89 EPS for the current fiscal year.
A number of analysts have recently commented on DFIN shares. Bank of America lowered shares of Donnelley Financial Solutions from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a research report on Friday, August 3rd. DA Davidson started coverage on shares of Donnelley Financial Solutions in a research report on Thursday, June 7th. They issued a “buy” rating and a $25.00 price objective 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, July 3rd. Finally, Wells Fargo & Co cut their price objective on shares of Donnelley Financial Solutions from $22.00 to $19.00 and set a “market perform” rating on the stock in a research report on Monday, June 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $23.50.
Donnelley Financial Solutions 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.
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