Credit Suisse AG lessened its holdings in Donnelley Financial Solutions Inc (NYSE:DFIN) by 23.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 33,058 shares of the company’s stock after selling 10,243 shares during the period. Credit Suisse AG’s holdings in Donnelley Financial Solutions were worth $593,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. BlackRock Inc. raised its stake in Donnelley Financial Solutions by 1.8% during the 3rd quarter. BlackRock Inc. now owns 4,894,419 shares of the company’s stock worth $87,708,000 after acquiring an additional 86,359 shares during the period. FMR LLC raised its stake in Donnelley Financial Solutions by 2.6% during the 3rd quarter. FMR LLC now owns 3,352,106 shares of the company’s stock worth $60,069,000 after acquiring an additional 84,263 shares during the period. American Century Companies Inc. raised its stake in Donnelley Financial Solutions by 22.1% during the 3rd quarter. American Century Companies Inc. now owns 1,676,113 shares of the company’s stock worth $30,036,000 after acquiring an additional 303,782 shares during the period. Dimensional Fund Advisors LP raised its stake in Donnelley Financial Solutions by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,268,790 shares of the company’s stock worth $22,039,000 after acquiring an additional 108,967 shares during the period. Finally, Wedge Capital Management L L P NC bought a new stake in Donnelley Financial Solutions during the 3rd quarter worth approximately $15,542,000. Hedge funds and other institutional investors own 89.38% of the company’s stock.

Shares of DFIN opened at $15.59 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.50 and a debt-to-equity ratio of 1.71. Donnelley Financial Solutions Inc has a 1 year low of $13.15 and a 1 year high of $22.17. The company has a market cap of $522.07 million, a price-to-earnings ratio of 16.24, a P/E/G ratio of 1.60 and a beta of 1.83.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Wednesday, November 7th. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $1.31. Donnelley Financial Solutions had a net margin of 5.15% and a return on equity of 40.53%. The business had revenue of $216.90 million during the quarter, compared to analyst estimates of $218.00 million. Analysts forecast that Donnelley Financial Solutions Inc will post 0.4 earnings per share for the current fiscal year.

A number of equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Tuesday. ValuEngine cut shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, November 15th. Finally, JPMorgan Chase & Co. cut shares of Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a research note on Tuesday, September 25th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $22.25.

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About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc provides financial communications, and data and analytics services for the investment and capital markets worldwide. It offers communication tools and services to allow its clients to comply with ongoing regulatory filings; and communications services to create, manage, and deliver registration statements, prospectuses, proxies, and other communications to regulators and investors.

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Institutional Ownership by Quarter for Donnelley Financial Solutions (NYSE:DFIN)

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