Marathon Asset Management Ltd Has $6.36 Million Holdings in Donnelley Financial Solutions $DFIN

Marathon Asset Management Ltd lessened its stake in shares of Donnelley Financial Solutions (NYSE:DFIN) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136,182 shares of the company’s stock after selling 13,230 shares during the period. Marathon Asset Management Ltd owned about 0.51% of Donnelley Financial Solutions worth $6,358,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DFIN. Wealth Enhancement Advisory Services LLC acquired a new stake in Donnelley Financial Solutions during the 3rd quarter worth about $52,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Donnelley Financial Solutions in the 4th quarter valued at about $70,000. LSV Asset Management acquired a new position in shares of Donnelley Financial Solutions in the 3rd quarter valued at about $87,000. Vestcor Inc acquired a new position in shares of Donnelley Financial Solutions in the 3rd quarter valued at about $160,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Donnelley Financial Solutions by 64.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,973 shares of the company’s stock valued at $183,000 after purchasing an additional 1,160 shares during the period. Institutional investors and hedge funds own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

DFIN has been the topic of a number of research reports. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. DA Davidson dropped their target price on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.50.

Donnelley Financial Solutions Stock Down 1.9%

Shares of Donnelley Financial Solutions stock opened at $38.51 on Wednesday. The stock has a market capitalization of $961.98 million, a P/E ratio of 29.85 and a beta of 0.83. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.59. The stock has a 50 day moving average price of $47.07 and a two-hundred day moving average price of $47.68. Donnelley Financial Solutions has a 12-month low of $37.07 and a 12-month high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last announced its earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. The firm had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.24 earnings per share. Equities analysts expect that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 20,280 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $50.16, for a total transaction of $1,017,244.80. Following the completion of the sale, the insider owned 116,814 shares of the company’s stock, valued at $5,859,390.24. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.20% of the stock is owned by insiders.

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.