Texas Permanent School Fund Trims Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Texas Permanent School Fund decreased its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFINGet Rating) by 1.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 20,360 shares of the company’s stock after selling 318 shares during the period. Texas Permanent School Fund owned 0.06% of Donnelley Financial Solutions worth $596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. raised its stake in Donnelley Financial Solutions by 685.2% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 682,319 shares of the company’s stock worth $22,694,000 after purchasing an additional 595,416 shares during the period. abrdn plc raised its stake in Donnelley Financial Solutions by 28.4% during the first quarter. abrdn plc now owns 1,143,444 shares of the company’s stock worth $37,962,000 after purchasing an additional 253,238 shares during the period. Vanguard Group Inc. raised its stake in Donnelley Financial Solutions by 7.4% during the first quarter. Vanguard Group Inc. now owns 2,068,295 shares of the company’s stock worth $68,791,000 after purchasing an additional 142,286 shares during the period. O Keefe Stevens Advisory Inc. raised its stake in Donnelley Financial Solutions by 98.8% during the second quarter. O Keefe Stevens Advisory Inc. now owns 210,975 shares of the company’s stock worth $6,179,000 after purchasing an additional 104,841 shares during the period. Finally, Wasatch Advisors Inc. increased its position in shares of Donnelley Financial Solutions by 11.4% in the first quarter. Wasatch Advisors Inc. now owns 761,383 shares of the company’s stock worth $25,324,000 after acquiring an additional 77,993 shares in the last quarter. Hedge funds and other institutional investors own 95.92% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley dropped their price objective on shares of Donnelley Financial Solutions from $45.00 to $40.00 in a research report on Tuesday, August 2nd.

Donnelley Financial Solutions Price Performance

Donnelley Financial Solutions stock opened at $36.87 on Tuesday. Donnelley Financial Solutions, Inc. has a 52-week low of $24.60 and a 52-week high of $49.01. The firm has a fifty day moving average of $37.56 and a 200-day moving average of $35.13. The firm has a market capitalization of $1.10 billion, a P/E ratio of 10.42 and a beta of 1.75. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.58.

Donnelley Financial Solutions (NYSE:DFINGet Rating) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.28). The firm had revenue of $188.70 million for the quarter, compared to analyst estimates of $215.00 million. Donnelley Financial Solutions had a net margin of 13.04% and a return on equity of 33.40%. As a group, analysts predict that Donnelley Financial Solutions, Inc. will post 3.53 EPS for the current year.

Insider Activity at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 20,000 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $37.09, for a total transaction of $741,800.00. Following the completion of the sale, the chief executive officer now directly owns 586,034 shares of the company’s stock, valued at approximately $21,736,001.06. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 13.60% of the company’s stock.

Donnelley Financial Solutions Company Profile

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Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company worldwide. The company 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).

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

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