Donnelley Financial Solutions (NYSE:DFIN) Stock Rating Upgraded by Wall Street Zen

Donnelley Financial Solutions (NYSE:DFIN) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

Several other brokerages have also commented on DFIN. CJS Securities upgraded shares of Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. DA Davidson restated a “buy” rating and issued a $66.00 target price on shares of Donnelley Financial Solutions in a research report on Friday, January 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. Needham & Company LLC reissued a “buy” rating and set a $57.00 price target on shares of Donnelley Financial Solutions in a report on Wednesday, January 14th. Finally, Zacks Research downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Donnelley Financial Solutions currently has an average rating of “Moderate Buy” and an average target price of $61.50.

Donnelley Financial Solutions Stock Up 1.9%

Donnelley Financial Solutions stock opened at $48.37 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.13 and a current ratio of 1.13. Donnelley Financial Solutions has a one year low of $37.80 and a one year high of $69.10. The company has a 50-day simple moving average of $49.13 and a 200-day simple moving average of $51.26. The firm has a market capitalization of $1.28 billion, a P/E ratio of 46.06 and a beta of 0.92.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its position in Donnelley Financial Solutions by 1,107.1% in the second quarter. Caitong International Asset Management Co. Ltd now owns 507 shares of the company’s stock worth $31,000 after acquiring an additional 465 shares in the last quarter. CWM LLC raised its holdings in shares of Donnelley Financial Solutions by 53.7% in the 2nd quarter. CWM LLC now owns 690 shares of the company’s stock worth $43,000 after purchasing an additional 241 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Donnelley Financial Solutions in the 3rd quarter worth approximately $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Donnelley Financial Solutions during the fourth quarter valued at approximately $70,000. Finally, Versant Capital Management Inc boosted its holdings in Donnelley Financial Solutions by 28.9% during the third quarter. Versant Capital Management Inc now owns 1,528 shares of the company’s stock worth $79,000 after buying an additional 343 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.