Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $14,700.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Eric J. Johnson sold 300 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $49.00, for a total transaction of $14,700.00. Following the transaction, the insider now owns 138,813 shares in the company, valued at $6,801,837. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Donnelley Financial Solutions Price Performance

Shares of NYSE:DFIN opened at $48.23 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.42 and a current ratio of 1.42. The business’s fifty day moving average price is $47.60 and its two-hundred day moving average price is $44.45. The stock has a market cap of $1.41 billion, a PE ratio of 17.60 and a beta of 1.63. Donnelley Financial Solutions, Inc. has a one year low of $33.17 and a one year high of $50.38.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.32. Donnelley Financial Solutions had a return on equity of 24.41% and a net margin of 10.49%. The business had revenue of $242.10 million for the quarter, compared to analyst estimates of $229.25 million. During the same quarter last year, the company earned $1.42 earnings per share. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. On average, analysts forecast that Donnelley Financial Solutions, Inc. will post 2.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Needham & Company LLC upped their price target on Donnelley Financial Solutions from $55.00 to $56.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. DA Davidson raised their price target on Donnelley Financial Solutions from $42.00 to $46.00 and gave the company a “neutral” rating in a research report on Thursday, July 13th.

Institutional Investors Weigh In On Donnelley Financial Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. lifted its stake in shares of 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 valued at $22,694,000 after buying an additional 595,416 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Donnelley Financial Solutions by 1,993.3% in the 1st quarter. Rockefeller Capital Management L.P. now owns 561,390 shares of the company’s stock valued at $22,938,000 after acquiring an additional 534,572 shares during the last quarter. Mawer Investment Management Ltd. lifted its stake in shares of Donnelley Financial Solutions by 99.4% during the 1st quarter. Mawer Investment Management Ltd. now owns 1,048,905 shares of the company’s stock worth $42,858,000 after purchasing an additional 522,980 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of Donnelley Financial Solutions during the first quarter worth $20,520,000. Finally, Marathon Asset Management Ltd grew its position in shares of Donnelley Financial Solutions by 142.2% in the second quarter. Marathon Asset Management Ltd now owns 507,911 shares of the company’s stock valued at $23,124,000 after purchasing an additional 298,237 shares during the period. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Company Profile

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).