Swiss National Bank Sells 3,200 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Swiss National Bank lessened its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN – Get Rating) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,600 shares of the company’s stock after selling 3,200 shares during the period. Swiss National Bank owned approximately 0.22% of Donnelley Financial Solutions worth $2,497,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. grew its position in shares of Donnelley Financial Solutions by 685.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 682,319 shares of the company’s stock valued at $22,694,000 after acquiring an additional 595,416 shares during the period. Mawer Investment Management Ltd. purchased a new position in shares of Donnelley Financial Solutions during the 4th quarter valued at $20,327,000. LSV Asset Management lifted its stake in shares of Donnelley Financial Solutions by 476.0% during the 3rd quarter. LSV Asset Management now owns 370,133 shares of the company’s stock valued at $13,684,000 after buying an additional 305,875 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Donnelley Financial Solutions by 6,226.4% during the 3rd quarter. Lazard Asset Management LLC now owns 264,759 shares of the company’s stock valued at $9,788,000 after buying an additional 260,574 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Donnelley Financial Solutions by 7.4% during the 1st quarter. Vanguard Group Inc. now owns 2,068,295 shares of the company’s stock valued at $68,791,000 after buying an additional 142,286 shares in the last quarter. Institutional investors own 90.84% of the company’s stock.

Wall Street Analysts Forecast Growth

DFIN has been the topic of a number of analyst reports. DA Davidson lifted their target price on shares of Donnelley Financial Solutions from $35.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, February 17th. B. Riley boosted their price target on shares of Donnelley Financial Solutions from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday, February 16th.

Insider Activity

In other news, General Counsel Jennifer B. Reiners sold 1,030 shares of the company’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $41.50, for a total transaction of $42,745.00. Following the sale, the general counsel now directly owns 68,249 shares in the company, valued at approximately $2,832,333.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, General Counsel Jennifer B. Reiners sold 1,030 shares of the company’s stock in a transaction dated Friday, March 3rd. The shares were sold at an average price of $41.50, for a total transaction of $42,745.00. Following the transaction, the general counsel now directly owns 68,249 shares in the company, valued at approximately $2,832,333.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Daniel Leib sold 30,000 shares of the company’s stock in a transaction dated Thursday, March 9th. The shares were sold at an average price of $40.38, for a total transaction of $1,211,400.00. Following the transaction, the chief executive officer now owns 607,474 shares in the company, valued at $24,529,800.12. The disclosure for this sale can be found here. In the last three months, insiders have sold 400,279 shares of company stock worth $16,985,778. 16.70% of the stock is currently owned by corporate insiders.

Donnelley Financial Solutions Stock Down 1.8 %

Shares of DFIN stock opened at $45.03 on Thursday. The company’s fifty day simple moving average is $42.35 and its two-hundred day simple moving average is $41.28. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.71. The stock has a market cap of $1.33 billion, a P/E ratio of 15.42 and a beta of 1.66. Donnelley Financial Solutions, Inc. has a 52 week low of $26.55 and a 52 week high of $50.38.

Donnelley Financial Solutions (NYSE:DFIN – Get Rating) last announced its earnings results on Wednesday, May 3rd. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. The firm had revenue of $198.60 million for the quarter, compared to analysts’ expectations of $186.20 million. Donnelley Financial Solutions had a net margin of 11.19% and a return on equity of 27.53%. Analysts predict that Donnelley Financial Solutions, Inc. will post 3.53 EPS for the current fiscal year.

About Donnelley Financial Solutions

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Donnelley Financial Solutions, Inc engages in the provision of compliance and technology solutions. It operates through the following segments: Capital Markets-Software Solutions, Capital Markets-Compliance and Communications Management, Investment Companies-Software Solutions, and Investment Companies-Compliance and Communications Management.