ValuEngine cut shares of Donnelley Financial Solutions (NYSE:DFIN) from a buy rating to a hold rating in a research note released on Friday morning.

Several other research analysts also recently weighed in on DFIN. Zacks Investment Research downgraded shares of Donnelley Financial Solutions from a hold rating to a sell rating in a research report on Wednesday, November 8th. BidaskClub downgraded shares of Donnelley Financial Solutions from a sell rating to a strong sell rating in a research report on Thursday, November 9th. Finally, Citigroup reiterated a neutral rating and issued a $22.00 price target on shares of Donnelley Financial Solutions in a research report on Thursday, November 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Donnelley Financial Solutions currently has a consensus rating of Hold and a consensus price target of $23.33.

Donnelley Financial Solutions (DFIN) opened at $19.99 on Friday. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.57 and a quick ratio of 1.44. Donnelley Financial Solutions has a 52-week low of $18.06 and a 52-week high of $27.08. The firm has a market cap of $655.42 and a P/E ratio of 20.19.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. California Public Employees Retirement System increased its stake in shares of Donnelley Financial Solutions by 2.8% in the second quarter. California Public Employees Retirement System now owns 102,562 shares of the company’s stock worth $2,355,000 after purchasing an additional 2,800 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its stake in shares of Donnelley Financial Solutions by 29.6% in the second quarter. Dynamic Technology Lab Private Ltd now owns 16,964 shares of the company’s stock worth $390,000 after purchasing an additional 3,878 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Donnelley Financial Solutions in the second quarter worth $204,000. Swiss National Bank increased its stake in shares of Donnelley Financial Solutions by 19.9% in the second quarter. Swiss National Bank now owns 54,304 shares of the company’s stock worth $1,247,000 after purchasing an additional 9,000 shares in the last quarter. Finally, UBS Asset Management Americas Inc. purchased a new stake in shares of Donnelley Financial Solutions in the second quarter worth $259,000. 84.56% of the stock is owned by hedge funds and other institutional investors.

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About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

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