Donnelley Financial Solutions (NYSE:DFIN) Sets New 1-Year Low – Time to Sell?

Donnelley Financial Solutions, Inc. (NYSE:DFIN) hit a new 52-week low during trading on Monday . The stock traded as low as $47.87 and last traded at $48.02, with a volume of 84949 shares. The stock had previously closed at $49.57.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DFIN. B. Riley dropped their price target on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. DA Davidson lowered their price objective on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Finally, Needham & Company LLC cut their target price on Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th.

Donnelley Financial Solutions Trading Down 4.1 %

The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. The firm has a market capitalization of $1.36 billion, a PE ratio of 15.53 and a beta of 1.36. The stock’s 50-day simple moving average is $61.27 and its 200-day simple moving average is $62.90.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22). Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The company had revenue of $156.30 million during the quarter, compared to the consensus estimate of $169.20 million.

Insider Buying and Selling

In other Donnelley Financial Solutions news, CFO David A. Gardella sold 3,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares in the company, valued at approximately $12,373,408.08. This represents a 1.50 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the transaction, the chief executive officer now owns 515,191 shares in the company, valued at approximately $25,831,676.74. This trade represents a 4.63 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is owned by insiders.

Institutional Trading of Donnelley Financial Solutions

Large investors have recently modified their holdings of the company. Frontier Capital Management Co. LLC purchased a new position in shares of Donnelley Financial Solutions during the 4th quarter worth $26,329,000. Port Capital LLC purchased a new position in shares of Donnelley Financial Solutions in the 4th quarter worth $23,114,000. Tidal Investments LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at approximately $19,595,000. Public Employees Retirement Association of Colorado boosted its stake in Donnelley Financial Solutions by 5,062.5% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 198,239 shares of the company’s stock worth $12,436,000 after buying an additional 194,399 shares during the period. Finally, Shapiro Capital Management LLC bought a new stake in Donnelley Financial Solutions in the fourth quarter worth about $11,381,000. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).