Boston Trust Walden Corp Sells 52,829 Shares of Donnelley Financial Solutions $DFIN

Boston Trust Walden Corp decreased its stake in shares of Donnelley Financial Solutions (NYSE:DFIN) by 10.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 467,079 shares of the company’s stock after selling 52,829 shares during the period. Boston Trust Walden Corp’s holdings in Donnelley Financial Solutions were worth $22,018,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Alliancebernstein L.P. raised its position in Donnelley Financial Solutions by 1,842.6% in the second quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock worth $36,537,000 after acquiring an additional 562,144 shares during the period. Alberta Investment Management Corp increased its stake in shares of Donnelley Financial Solutions by 151.3% during the 4th quarter. Alberta Investment Management Corp now owns 879,600 shares of the company’s stock worth $41,069,000 after purchasing an additional 529,600 shares during the last quarter. Simcoe Capital Management LLC raised its holdings in shares of Donnelley Financial Solutions by 34.0% in the 2nd quarter. Simcoe Capital Management LLC now owns 1,037,735 shares of the company’s stock worth $63,976,000 after purchasing an additional 263,570 shares during the period. Shapiro Capital Management LLC raised its holdings in shares of Donnelley Financial Solutions by 33.1% in the 3rd quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock worth $36,586,000 after purchasing an additional 176,720 shares during the period. Finally, Royce & Associates LP lifted its stake in Donnelley Financial Solutions by 36.0% in the fourth quarter. Royce & Associates LP now owns 590,136 shares of the company’s stock valued at $27,553,000 after purchasing an additional 156,059 shares during the last quarter. 93.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th. DA Davidson dropped their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Zacks Research raised Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Donnelley Financial Solutions presently has an average rating of “Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions Price Performance

Shares of Donnelley Financial Solutions stock opened at $46.23 on Friday. The firm has a market cap of $1.15 billion, a PE ratio of 35.84 and a beta of 0.72. Donnelley Financial Solutions has a 12-month low of $36.11 and a 12-month high of $66.25. The company’s fifty day simple moving average is $41.36 and its two-hundred day simple moving average is $46.14. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.59.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The business had revenue of $205.50 million during the quarter, compared to the consensus estimate of $204.80 million. During the same quarter in the prior year, the company earned $1.24 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. As a group, equities analysts expect that Donnelley Financial Solutions will post 4.46 EPS for the current year.

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.