Donnelley Financial Solutions Inc (DFIN) Downgraded to Strong Sell at BidaskClub
BidaskClub lowered shares of Donnelley Financial Solutions Inc (NASDAQ:DFIN) from a sell rating to a strong sell rating in a report published on Thursday.
Other analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Donnelley Financial Solutions from a hold rating to a sell rating in a research report on Wednesday, November 8th. J P Morgan Chase & Co started coverage on shares of Donnelley Financial Solutions in a research report on Tuesday, August 15th. They issued a neutral rating and a $24.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $24.33.
Donnelley Financial Solutions (DFIN) traded up $0.31 during mid-day trading on Thursday, reaching $18.96. 130,186 shares of the company traded hands, compared to its average volume of 239,285. Donnelley Financial Solutions has a 1 year low of $18.02 and a 1 year high of $27.08.
ILLEGAL ACTIVITY WARNING: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.thecerbatgem.com/2017/11/13/donnelley-financial-solutions-inc-dfin-downgraded-to-strong-sell-at-bidaskclub.html.
Institutional investors and hedge funds have recently made changes to their positions in the business. Municipal Employees Retirement System of Michigan increased its stake in Donnelley Financial Solutions by 3.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,200 shares of the company’s stock valued at $142,000 after buying an additional 190 shares during the period. HighTower Advisors LLC acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $204,000. Balter Liquid Alternatives LLC acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $245,000. UBS Asset Management Americas Inc. acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $259,000. Finally, Voya Investment Management LLC acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $272,000.
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.
Receive News & Stock Ratings for Donnelley Financial Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions Inc and related stocks with our FREE daily email newsletter.