Donnelley Financial Solutions $DFIN Shares Sold by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. trimmed its position in shares of Donnelley Financial Solutions (NYSE:DFIN) by 19.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 863,629 shares of the company’s stock after selling 210,757 shares during the period. Mawer Investment Management Ltd. owned approximately 3.25% of Donnelley Financial Solutions worth $44,416,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DFIN. Westwood Holdings Group Inc. acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at about $37,603,000. 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 buying an additional 562,144 shares in the last quarter. Simcoe Capital Management LLC grew its stake in Donnelley Financial Solutions by 34.0% during the second quarter. Simcoe Capital Management LLC now owns 1,037,735 shares of the company’s stock worth $63,976,000 after buying an additional 263,570 shares during the period. Access Investment Management LLC acquired a new stake in shares of Donnelley Financial Solutions in the second quarter worth $13,518,000. Finally, Thrivent Financial for Lutherans raised its stake 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 acquiring an additional 91,494 shares during the period. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Wall Street Analysts Forecast Growth

DFIN has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. DA Davidson reaffirmed a “buy” rating and issued a $66.00 target price on shares of Donnelley Financial Solutions in a research report on Friday. Zacks Research lowered Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 19th. Needham & Company LLC reissued a “buy” rating and set a $57.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. Finally, Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $61.50.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN opened at $51.84 on Monday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. Donnelley Financial Solutions has a fifty-two week low of $37.80 and a fifty-two week high of $69.93. The business has a 50 day moving average price of $49.11 and a two-hundred day moving average price of $51.73. The firm has a market cap of $1.38 billion, a PE ratio of 49.37 and a beta of 0.92.

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.