nVerses Capital LLC Makes New $48,000 Investment in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

nVerses Capital LLC purchased a new position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 800 shares of the company’s stock, valued at approximately $48,000.

Several other hedge funds have also made changes to their positions in the business. SG Americas Securities LLC purchased a new position in Donnelley Financial Solutions during the first quarter worth about $808,000. Empowered Funds LLC purchased a new position in shares of Donnelley Financial Solutions during the 1st quarter worth about $6,041,000. Homestead Advisers Corp boosted its position in shares of Donnelley Financial Solutions by 24.5% in the first quarter. Homestead Advisers Corp now owns 56,900 shares of the company’s stock worth $3,528,000 after acquiring an additional 11,200 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Donnelley Financial Solutions in the first quarter worth approximately $1,694,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in Donnelley Financial Solutions by 1,178.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock valued at $20,381,000 after purchasing an additional 302,957 shares during the period. Institutional investors and hedge funds own 93.84% of the company’s stock.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the firm’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $66.10, for a total value of $26,440.00. Following the transaction, the insider now directly owns 148,348 shares of the company’s stock, valued at $9,805,802.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the transaction, the insider now owns 148,348 shares in the company, valued at approximately $9,805,802.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Eric J. Johnson sold 930 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $59.01, for a total transaction of $54,879.30. Following the completion of the sale, the insider now directly owns 155,095 shares of the company’s stock, valued at approximately $9,152,155.95. The disclosure for this sale can be found here. In the last three months, insiders sold 85,609 shares of company stock valued at $5,109,311. Company insiders own 11.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on DFIN. DA Davidson increased their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Needham & Company LLC increased their target price on Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.

Donnelley Financial Solutions Stock Up 0.1 %

DFIN opened at $66.25 on Thursday. Donnelley Financial Solutions, Inc. has a 1 year low of $47.50 and a 1 year high of $71.01. The firm has a 50 day moving average price of $63.90 and a 200 day moving average price of $62.46. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $1.94 billion, a PE ratio of 20.20 and a beta of 1.36.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.08. Donnelley Financial Solutions had a net margin of 13.22% and a return on equity of 25.45%. The company had revenue of $242.70 million during the quarter, compared to the consensus estimate of $247.70 million. Sell-side analysts expect that Donnelley Financial Solutions, Inc. will post 3.02 earnings per share for the current year.

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).