Rockefeller Capital Management L.P. Has $547,000 Stock Holdings in Donnelley Financial Solutions $DFIN

Rockefeller Capital Management L.P. decreased its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN) by 95.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,712 shares of the company’s stock after selling 273,606 shares during the period. Rockefeller Capital Management L.P.’s holdings in Donnelley Financial Solutions were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DFIN. First Citizens Bank & Trust Co. grew its stake in shares of Donnelley Financial Solutions by 2.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 8,120 shares of the company’s stock valued at $379,000 after purchasing an additional 220 shares during the period. Gotham Asset Management LLC lifted its position in shares of Donnelley Financial Solutions by 1.3% during the 3rd quarter. Gotham Asset Management LLC now owns 18,256 shares of the company’s stock worth $939,000 after buying an additional 230 shares during the period. Lido Advisors LLC lifted its position in shares of Donnelley Financial Solutions by 5.0% during the 4th quarter. Lido Advisors LLC now owns 4,857 shares of the company’s stock worth $244,000 after buying an additional 231 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in Donnelley Financial Solutions by 3.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,825 shares of the company’s stock valued at $365,000 after buying an additional 232 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in Donnelley Financial Solutions by 4.2% in the 2nd quarter. Osaic Holdings Inc. now owns 6,296 shares of the company’s stock valued at $367,000 after buying an additional 252 shares in the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Up 0.0%

Shares of DFIN opened at $46.23 on Friday. The company has a market capitalization of $1.15 billion, a P/E ratio of 35.84 and a beta of 0.72. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41. Donnelley Financial Solutions has a one year low of $36.11 and a one year high of $66.25. The business’s 50 day simple moving average is $41.36 and its 200-day simple moving average is $46.14.

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DFIN shares. Zacks Research upgraded Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research 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 on the stock in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $59.50.

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.