Donnelley Financial Solutions $DFIN is Rice Hall James & Associates LLC’s 8th Largest Position

Rice Hall James & Associates LLC increased its stake in shares of Donnelley Financial Solutions (NYSE:DFIN) by 1.8% in the 1st quarter, Holdings Channel reports. The firm owned 780,037 shares of the company’s stock after purchasing an additional 14,098 shares during the period. Donnelley Financial Solutions accounts for 2.0% of Rice Hall James & Associates LLC’s investment portfolio, making the stock its 8th largest holding. Rice Hall James & Associates LLC’s holdings in Donnelley Financial Solutions were worth $36,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DFIN. Blue Trust Inc. increased its stake in Donnelley Financial Solutions by 109.4% during the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $30,000 after buying an additional 336 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter worth approximately $70,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Donnelley Financial Solutions by 117.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock worth $98,000 after acquiring an additional 1,138 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Donnelley Financial Solutions during the third quarter worth approximately $160,000. Finally, LSV Asset Management increased its position in shares of Donnelley Financial Solutions by 117.6% during the fourth quarter. LSV Asset Management now owns 3,700 shares of the company’s stock worth $173,000 after purchasing an additional 2,000 shares in the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Price Performance

DFIN stock opened at $48.21 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50 day simple moving average of $41.99 and a 200-day simple moving average of $46.23. The firm has a market capitalization of $1.20 billion, a PE ratio of 37.37 and a beta of 0.72. Donnelley Financial Solutions has a 1 year low of $36.11 and a 1 year high of $65.78.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. During the same quarter last year, the firm earned $1.24 earnings per share. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. Equities research analysts anticipate that Donnelley Financial Solutions will post 4.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.