Donnelley Financial Solutions $DFIN Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its position in Donnelley Financial Solutions (NYSE:DFIN) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,237,306 shares of the company’s stock after purchasing an additional 91,494 shares during the period. Thrivent Financial for Lutherans’ holdings in Donnelley Financial Solutions were worth $63,634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of DFIN. Caitong International Asset Management Co. Ltd raised its stake in Donnelley Financial Solutions by 1,107.1% in the second quarter. Caitong International Asset Management Co. Ltd now owns 507 shares of the company’s stock valued at $31,000 after buying an additional 465 shares in the last quarter. CWM LLC lifted its stake in Donnelley Financial Solutions by 53.7% during the second quarter. CWM LLC now owns 690 shares of the company’s stock worth $43,000 after purchasing an additional 241 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Donnelley Financial Solutions in the third quarter valued at approximately $52,000. Versant Capital Management Inc increased its stake in 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. Finally, Huntington National Bank raised its holdings in Donnelley Financial Solutions by 48.5% during the second quarter. Huntington National Bank now owns 1,584 shares of the company’s stock worth $98,000 after purchasing an additional 517 shares in the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Trading Up 0.2%

NYSE:DFIN opened at $51.84 on Monday. Donnelley Financial Solutions has a 52-week low of $37.80 and a 52-week high of $69.93. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $49.11 and a 200-day simple moving average of $51.73. The company has a market capitalization of $1.38 billion, a PE ratio of 49.37 and a beta of 0.92.

Analyst Upgrades and Downgrades

DFIN has been the subject of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $57.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Monday, December 29th. CJS Securities raised shares of Donnelley Financial Solutions to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research lowered Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, December 19th. Finally, DA Davidson reaffirmed a “buy” rating and set a $66.00 price objective on shares of Donnelley Financial Solutions in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $61.50.

About Donnelley Financial Solutions

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.