Mcclain Value Management LLC Acquires 15,094 Shares of Donnelley Financial Solutions Inc (NYSE:DFIN)
Mcclain Value Management LLC increased its holdings in shares of Donnelley Financial Solutions Inc (NYSE:DFIN) by 9.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,469 shares of the company’s stock after acquiring an additional 15,094 shares during the period. Donnelley Financial Solutions makes up 2.9% of Mcclain Value Management LLC’s investment portfolio, making the stock its 18th largest holding. Mcclain Value Management LLC’s holdings in Donnelley Financial Solutions were worth $2,260,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of DFIN. FMR LLC boosted its stake in Donnelley Financial Solutions by 54.5% during the first quarter. FMR LLC now owns 3,771,091 shares of the company’s stock worth $56,114,000 after acquiring an additional 1,330,408 shares in the last quarter. Morgan Stanley boosted its stake in Donnelley Financial Solutions by 549.3% during the second quarter. Morgan Stanley now owns 228,648 shares of the company’s stock worth $3,050,000 after acquiring an additional 193,432 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Donnelley Financial Solutions during the second quarter worth about $1,600,000. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Donnelley Financial Solutions by 529.7% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 74,300 shares of the company’s stock worth $991,000 after acquiring an additional 62,500 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Donnelley Financial Solutions by 8.6% in the second quarter. D. E. Shaw & Co. Inc. now owns 530,113 shares of the company’s stock worth $7,072,000 after buying an additional 42,017 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE DFIN traded up $0.41 during midday trading on Friday, hitting $9.82. The stock had a trading volume of 320,464 shares, compared to its average volume of 162,788. The business’s 50 day moving average is $11.14 and its 200-day moving average is $12.58. The company has a market cap of $327.91 million, a P/E ratio of 4.55, a PEG ratio of 9.89 and a beta of 1.86. Donnelley Financial Solutions Inc has a 52 week low of $9.24 and a 52 week high of $17.69. The company has a quick ratio of 1.43, a current ratio of 1.38 and a debt-to-equity ratio of 1.61.
Several research analysts have recently issued reports on DFIN shares. DA Davidson dropped their target price on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. TheStreet upgraded shares of Donnelley Financial Solutions from a “d+” rating to a “c” rating in a research note on Monday, September 23rd. B. Riley started coverage on shares of Donnelley Financial Solutions in a research note on Wednesday, October 16th. They issued a “buy” rating and a $16.00 target price on the stock. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Wednesday. Finally, ValuEngine downgraded shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.00.
Donnelley Financial Solutions Profile
Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.
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