US Bancorp DE Sells 443 Shares of Donnelley Financial Solutions $DFIN

US Bancorp DE lessened its position in Donnelley Financial Solutions (NYSE:DFIN) by 19.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,798 shares of the company’s stock after selling 443 shares during the quarter. US Bancorp DE’s holdings in Donnelley Financial Solutions were worth $79,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of Donnelley Financial Solutions by 9,314.6% in the 1st quarter. GAMMA Investing LLC now owns 12,239 shares of the company’s stock worth $535,000 after acquiring an additional 12,109 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Donnelley Financial Solutions by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 172,622 shares of the company’s stock valued at $7,545,000 after buying an additional 10,375 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Donnelley Financial Solutions by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,678 shares of the company’s stock valued at $921,000 after buying an additional 540 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Donnelley Financial Solutions by 0.4% during the 4th quarter. Nuveen Asset Management LLC now owns 150,204 shares of the company’s stock valued at $9,422,000 after buying an additional 616 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Donnelley Financial Solutions by 106.3% during the 4th quarter. Cetera Investment Advisers now owns 6,409 shares of the company’s stock valued at $402,000 after buying an additional 3,303 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Up 1.8%

NYSE:DFIN opened at $55.22 on Tuesday. The firm has a market capitalization of $1.52 billion, a P/E ratio of 19.51 and a beta of 1.07. Donnelley Financial Solutions has a 1-year low of $37.80 and a 1-year high of $70.55. The company’s fifty day moving average price is $59.66 and its 200-day moving average price is $53.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.29 and a quick ratio of 1.29.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.07. Donnelley Financial Solutions had a net margin of 10.87% and a return on equity of 20.03%. The firm had revenue of $218.10 million for the quarter, compared to the consensus estimate of $226.13 million. During the same period in the prior year, the firm posted $1.47 earnings per share. The firm’s quarterly revenue was down 10.1% compared to the same quarter last year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Wall Street Zen cut shares of Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Needham & Company LLC restated a “buy” rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Thursday, May 1st.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Craig Clay sold 11,022 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $54.03, for a total transaction of $595,518.66. Following the transaction, the insider directly owned 143,448 shares of the company’s stock, valued at $7,750,495.44. This trade represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 11.90% of the stock is currently owned by insiders.

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).