Quantbot Technologies LP Invests $483,000 in Donnelley Financial Solutions $DFIN

Quantbot Technologies LP bought a new position in shares of Donnelley Financial Solutions (NYSE:DFIN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,504 shares of the company’s stock, valued at approximately $483,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Donnelley Financial Solutions by 13.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,683 shares of the company’s stock worth $729,000 after purchasing an additional 2,005 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Donnelley Financial Solutions by 1.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 101,954 shares of the company’s stock valued at $4,456,000 after buying an additional 1,674 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Donnelley Financial Solutions during the first quarter valued at approximately $2,698,000. Intech Investment Management LLC raised its position in shares of Donnelley Financial Solutions by 34.4% during the first quarter. Intech Investment Management LLC now owns 26,290 shares of the company’s stock valued at $1,149,000 after buying an additional 6,734 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Donnelley Financial Solutions by 22.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 76,988 shares of the company’s stock worth $4,746,000 after buying an additional 14,303 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Up 0.6%

Shares of DFIN opened at $48.25 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.51. The business has a fifty day moving average of $46.80 and a 200 day moving average of $45.66. The company has a market cap of $1.19 billion, a PE ratio of 33.28 and a beta of 0.71. Donnelley Financial Solutions has a 52-week low of $36.11 and a 52-week high of $57.37.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. Donnelley Financial Solutions had a net margin of 4.53% and a return on equity of 25.82%. The business had revenue of $224.20 million for the quarter, compared to analysts’ expectations of $221.40 million. During the same quarter in the previous year, the business posted $1.49 earnings per share. The business’s revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts expect that Donnelley Financial Solutions will post 4.41 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DFIN shares. Needham & Company LLC upped their target price on shares of Donnelley Financial Solutions from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. DA Davidson decreased their price target 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. Weiss Ratings reissued a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th. Finally, Zacks Research lowered Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Donnelley Financial Solutions currently has an average rating of “Moderate Buy” and an average target price of $61.00.

Donnelley Financial Solutions Profile

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.