Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Jeffrey Jacobowitz Sells 132,056 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Jeffrey Jacobowitz sold 132,056 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $63.62, for a total transaction of $8,401,402.72. Following the completion of the transaction, the director now owns 2,100,431 shares of the company’s stock, valued at $133,629,420.22. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Jeffrey Jacobowitz also recently made the following trade(s):

• On Wednesday, May 8th, Jeffrey Jacobowitz sold 106,093 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $62.36, for a total value of $6,615,959.48.

Donnelley Financial Solutions Trading Down 0.7 %

Shares of DFIN stock opened at $62.26 on Friday. Donnelley Financial Solutions, Inc. has a 52-week low of $41.98 and a 52-week high of $66.21. The business’s fifty day moving average is $62.32 and its 200 day moving average is $60.76. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market capitalization of $1.83 billion, a PE ratio of 18.98 and a beta of 1.49.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.01). Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The business had revenue of $176.50 million during the quarter, compared to analysts’ expectations of $169.35 million. During the same period in the previous year, the business earned $0.36 EPS. The business’s revenue was up 5.2% on a year-over-year basis. On average, equities research analysts anticipate that Donnelley Financial Solutions, Inc. will post 2.93 EPS for the current fiscal year.

Institutional Investors Weigh In On Donnelley Financial Solutions

Hedge funds have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new position in shares of Donnelley Financial Solutions in the 3rd quarter worth $40,000. USA Financial Formulas purchased a new position in Donnelley Financial Solutions in the fourth quarter worth $72,000. Bfsg LLC bought a new position in Donnelley Financial Solutions in the fourth quarter valued at $109,000. Nkcfo LLC purchased a new stake in Donnelley Financial Solutions during the third quarter valued at about $141,000. Finally, Arlington Trust Co LLC bought a new stake in Donnelley Financial Solutions during the fourth quarter worth about $173,000. 93.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DFIN has been the topic of a number of recent research reports. Needham & Company LLC reissued a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Wednesday, May 1st. B. Riley increased their price target on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Finally, DA Davidson raised shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $72.00 in a research note on Friday, April 12th.

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).