Donnelley Financial Solutions (NYSE:DFIN) Sets New 1-Year Low – Should You Sell?

Donnelley Financial Solutions (NYSE:DFIN) shares reached a new 52-week low during trading on Thursday . The company traded as low as $37.76 and last traded at $38.1550, with a volume of 235604 shares traded. The stock had previously closed at $41.27.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DFIN. CJS Securities raised Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. Wall Street Zen raised shares of Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Monday, December 29th. Zacks Research lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 19th. Finally, DA Davidson reissued a “buy” rating and issued a $66.00 price target on shares of Donnelley Financial Solutions in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.50.

Donnelley Financial Solutions Trading Down 7.3%

The company has a market cap of $1.02 billion, a P/E ratio of 36.45 and a beta of 0.92. The business’s 50-day moving average price is $48.86 and its 200 day moving average price is $50.93. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.13 and a current ratio of 1.13.

Institutional Trading of Donnelley Financial Solutions

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