Integrated Quantitative Investments LLC Takes $964,000 Position in Donnelley Financial Solutions $DFIN

Integrated Quantitative Investments LLC bought a new stake in shares of Donnelley Financial Solutions (NYSE:DFIN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,736 shares of the company’s stock, valued at approximately $964,000. Integrated Quantitative Investments LLC owned approximately 0.07% of Donnelley Financial Solutions at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Donnelley Financial Solutions by 2.7% in the third quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock valued at $96,032,000 after purchasing an additional 49,875 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Donnelley Financial Solutions by 8.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,237,306 shares of the company’s stock valued at $63,634,000 after buying an additional 91,494 shares in the last quarter. Simcoe Capital Management LLC raised its stake in shares of Donnelley Financial Solutions by 34.0% during the 2nd quarter. Simcoe Capital Management LLC now owns 1,037,735 shares of the company’s stock worth $63,976,000 after acquiring an additional 263,570 shares in the last quarter. Westwood Holdings Group Inc. purchased a new stake in Donnelley Financial Solutions during the second quarter valued at approximately $37,603,000. Finally, Alliancebernstein L.P. lifted its position in Donnelley Financial Solutions by 1,842.6% during the second quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock valued at $36,537,000 after acquiring an additional 562,144 shares during the last quarter. 93.84% of the stock is owned by institutional investors.

Donnelley Financial Solutions Stock Performance

Shares of NYSE DFIN opened at $52.93 on Thursday. The company has a 50 day simple moving average of $49.19 and a two-hundred day simple moving average of $50.04. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 49.47 and a beta of 0.87. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.44. Donnelley Financial Solutions has a 12 month low of $37.07 and a 12 month high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Tuesday, February 17th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.30. Donnelley Financial Solutions had a net margin of 4.22% and a return on equity of 23.88%. The firm had revenue of $172.50 million during the quarter, compared to analysts’ expectations of $155.27 million. During the same quarter last year, the company posted $0.40 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DFIN. Needham & Company LLC reaffirmed a “buy” rating and set a $57.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. CJS Securities upgraded Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. Wall Street Zen raised Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. DA Davidson restated a “buy” rating and set a $66.00 price objective on shares of Donnelley Financial Solutions in a report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $61.50.

Donnelley Financial Solutions 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.