Deutsche Bank AG Has $2.11 Million Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Deutsche Bank AG increased its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 26.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,675 shares of the company’s stock after acquiring an additional 7,118 shares during the quarter. Deutsche Bank AG owned about 0.12% of Donnelley Financial Solutions worth $2,112,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DFIN. Quarry LP acquired a new position in shares of Donnelley Financial Solutions in the 4th quarter valued at $42,000. Aquatic Capital Management LLC bought a new position in Donnelley Financial Solutions during the fourth quarter worth about $49,000. Huntington National Bank grew its stake in Donnelley Financial Solutions by 20.7% in the fourth quarter. Huntington National Bank now owns 910 shares of the company’s stock valued at $57,000 after acquiring an additional 156 shares during the period. Principal Securities Inc. grew its stake in Donnelley Financial Solutions by 1,537.1% in the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company’s stock valued at $64,000 after acquiring an additional 953 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Donnelley Financial Solutions by 584.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company’s stock worth $73,000 after acquiring an additional 987 shares in the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN opened at $54.75 on Friday. The company has a fifty day moving average price of $46.48 and a 200 day moving average price of $54.89. The firm has a market cap of $1.51 billion, a PE ratio of 17.89 and a beta of 1.04. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. Donnelley Financial Solutions, Inc. has a 1-year low of $37.80 and a 1-year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.54. The company had revenue of $201.10 million for the quarter, compared to analyst estimates of $194.47 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 earnings per share.

Insider Buying and Selling at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 25,000 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the transaction, the chief executive officer now owns 515,191 shares in the company, valued at approximately $25,831,676.74. This represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 4.30% of the company’s stock.

Wall Street Analysts Forecast Growth

DFIN has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Thursday, May 1st. DA Davidson reaffirmed a “buy” rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research note on Monday, April 14th.

About Donnelley Financial Solutions

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).