Donnelley Financial Solutions (NYSE:DFIN) Hits New 1-Year Low - Time to Sell?

Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $47.87 and last traded at $48.02, with a volume of 84949 shares trading hands. The stock had previously closed at $49.57.

Analyst Upgrades and Downgrades

DFIN has been the subject of several research reports. Needham & Company LLC lowered their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a "buy" rating for the company in a research report on Wednesday, February 19th. DA Davidson lowered their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating for the company in a report on Thursday, February 20th.

Donnelley Financial Solutions Trading Up 3.0 %

The stock has a market cap of $1.35 billion, a P/E ratio of 15.46 and a beta of 1.44. The company has a 50-day moving average price of $60.05 and a two-hundred day moving average price of $62.42. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.22). The firm had revenue of $156.30 million for the quarter, compared to the consensus estimate of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.

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Insiders Place Their Bets

In related news, Director Gary G. Greenfield purchased 1,000 shares of the business's stock in a transaction dated Friday, February 21st. The shares were purchased at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the acquisition, the director now owns 43,128 shares in the company, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO David A. Gardella sold 3,000 shares of Donnelley Financial Solutions stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total transaction of $188,040.00. Following the sale, the chief financial officer now owns 197,406 shares of the company's stock, valued at $12,373,408.08. The trade was a 1.50 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is owned by insiders.

Institutional Trading of Donnelley Financial Solutions

A number of large investors have recently modified their holdings of the company. State Street Corp increased its holdings in Donnelley Financial Solutions by 0.4% during the 3rd quarter. State Street Corp now owns 1,060,700 shares of the company's stock worth $69,826,000 after purchasing an additional 4,279 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Donnelley Financial Solutions by 7.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 595,344 shares of the company's stock valued at $37,347,000 after buying an additional 39,980 shares during the period. Geode Capital Management LLC raised its holdings in shares of Donnelley Financial Solutions by 3.6% in the third quarter. Geode Capital Management LLC now owns 593,239 shares of the company's stock valued at $39,061,000 after acquiring an additional 20,652 shares in the last quarter. Northern Trust Corp lifted its stake in Donnelley Financial Solutions by 17.2% in the fourth quarter. Northern Trust Corp now owns 545,203 shares of the company's stock worth $34,201,000 after acquiring an additional 79,848 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Donnelley Financial Solutions by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company's stock worth $29,906,000 after acquiring an additional 46,273 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).