Donnelley Financial Solutions (NYSE:DFIN) Downgraded to “Sell” at ValuEngine

ValuEngine cut shares of Donnelley Financial Solutions (NYSE:DFIN) from a hold rating to a sell rating in a report released on Wednesday morning, ValuEngine reports.

Several other equities analysts also recently commented on the stock. DA Davidson decreased their price objective on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a buy rating on the stock in a report on Tuesday, October 22nd. TheStreet upgraded shares of Donnelley Financial Solutions from a d+ rating to a c rating in a research note on Monday, September 23rd. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a hold rating to a buy rating and set a $11.00 price target on the stock in a research note on Wednesday. Finally, B. Riley initiated coverage on shares of Donnelley Financial Solutions in a research note on Wednesday, October 16th. They issued a buy rating and a $16.00 price target on the stock. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $16.00.

Shares of NYSE:DFIN traded up $0.41 on Wednesday, hitting $9.82. The company had a trading volume of 319,845 shares, compared to its average volume of 162,788. Donnelley Financial Solutions has a 1-year low of $9.24 and a 1-year high of $17.69. The stock has a market cap of $327.91 million, a price-to-earnings ratio of 4.55, a P/E/G ratio of 9.89 and a beta of 1.86. The stock has a 50 day moving average price of $11.10 and a 200 day moving average price of $12.55. The company has a current ratio of 1.38, a quick ratio of 1.43 and a debt-to-equity ratio of 1.61.

In other Donnelley Financial Solutions news, Director Jeffrey Jacobowitz purchased 107,128 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average cost of $11.36 per share, for a total transaction of $1,216,974.08. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.63% of the company’s stock.

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Several hedge funds have recently added to or reduced their stakes in the stock. Mcclain Value Management LLC grew its stake in shares of Donnelley Financial Solutions by 9.0% in the third quarter. Mcclain Value Management LLC now owns 183,469 shares of the company’s stock valued at $2,260,000 after acquiring an additional 15,094 shares in the last quarter. SG Americas Securities LLC lifted its position in Donnelley Financial Solutions by 2.5% during the third quarter. SG Americas Securities LLC now owns 45,951 shares of the company’s stock worth $566,000 after purchasing an additional 1,135 shares during the period. Mackay Shields LLC lifted its position in Donnelley Financial Solutions by 51.1% during the third quarter. Mackay Shields LLC now owns 26,300 shares of the company’s stock worth $325,000 after purchasing an additional 8,900 shares during the period. Gamco Investors INC. ET AL lifted its position in Donnelley Financial Solutions by 8.9% during the third quarter. Gamco Investors INC. ET AL now owns 24,574 shares of the company’s stock worth $303,000 after purchasing an additional 2,000 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Donnelley Financial Solutions by 33.6% during the third quarter. Russell Investments Group Ltd. now owns 25,112 shares of the company’s stock worth $310,000 after purchasing an additional 6,312 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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