Insider Selling: Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells 19,084 Shares of Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Robert Kirk Williams sold 19,084 shares of the stock in a transaction dated 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 sale, the insider now owns 58,983 shares in the company, valued at $3,750,139.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Donnelley Financial Solutions Trading Down 0.3 %

DFIN opened at $62.72 on Thursday. The company has a market cap of $1.84 billion, a P/E ratio of 19.12 and a beta of 1.49. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.50. The company’s 50 day moving average is $62.36 and its 200-day moving average is $60.75. Donnelley Financial Solutions, Inc. has a 1-year low of $41.74 and a 1-year high of $66.21.

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

Institutional Investors Weigh In On Donnelley Financial Solutions

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of Donnelley Financial Solutions during the third quarter valued at about $310,000. Assetmark Inc. grew its holdings in Donnelley Financial Solutions by 1.2% during the 3rd quarter. Assetmark Inc. now owns 33,882 shares of the company’s stock worth $1,907,000 after acquiring an additional 398 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Donnelley Financial Solutions by 19.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 159,255 shares of the company’s stock valued at $8,963,000 after acquiring an additional 25,831 shares during the period. Teacher Retirement System of Texas bought a new position in shares of Donnelley Financial Solutions during the third quarter valued at $913,000. Finally, Victory Capital Management Inc. lifted its holdings in shares of Donnelley Financial Solutions by 6.5% during the third quarter. Victory Capital Management Inc. now owns 40,819 shares of the company’s stock worth $2,297,000 after purchasing an additional 2,508 shares during the period. Institutional investors and hedge funds own 93.84% of the company’s stock.

Analyst Ratings Changes

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

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).