Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $1,213,360.72 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Robert Kirk Williams sold 19,084 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $63.58, for a total transaction of $1,213,360.72. Following the transaction, the insider now owns 58,983 shares of the company’s stock, valued at approximately $3,750,139.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Donnelley Financial Solutions Stock Performance

NYSE DFIN opened at $63.16 on Tuesday. The company has a fifty day moving average of $62.38 and a two-hundred day moving average of $60.67. The company has a market capitalization of $1.85 billion, a PE ratio of 19.26 and a beta of 1.49. Donnelley Financial Solutions, Inc. has a 1 year low of $41.74 and a 1 year high of $66.21. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.49 and a quick ratio of 1.49.

Donnelley Financial Solutions (NYSE:DFIN) last announced its earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). The firm had revenue of $176.50 million during the quarter, compared to analyst estimates of $169.35 million. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.36 earnings per share. As a group, analysts expect that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. DA Davidson raised Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $60.00 to $72.00 in a report on Friday, April 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a report on Wednesday, May 1st. Finally, B. Riley increased their price target on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Thursday, April 25th.

Hedge Funds Weigh In On Donnelley Financial Solutions

A number of hedge funds have recently modified their holdings of the business. SummerHaven Investment Management LLC boosted its stake in Donnelley Financial Solutions by 1.2% during the 4th quarter. SummerHaven Investment Management LLC now owns 15,436 shares of the company’s stock worth $963,000 after purchasing an additional 178 shares during the period. Diversified Trust Co raised its holdings in shares of Donnelley Financial Solutions by 4.0% in the fourth quarter. Diversified Trust Co now owns 7,076 shares of the company’s stock valued at $441,000 after buying an additional 269 shares during the last quarter. Texas Permanent School Fund Corp boosted its stake in shares of Donnelley Financial Solutions by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 21,654 shares of the company’s stock worth $1,343,000 after buying an additional 286 shares during the period. Assetmark Inc. grew its holdings in shares of Donnelley Financial Solutions by 1.2% during the third quarter. Assetmark Inc. now owns 33,882 shares of the company’s stock worth $1,907,000 after buying an additional 398 shares during the last quarter. Finally, Yousif Capital Management LLC increased its position in Donnelley Financial Solutions by 3.3% in the 4th quarter. Yousif Capital Management LLC now owns 12,754 shares of the company’s stock valued at $795,000 after acquiring an additional 407 shares during the period. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

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).