Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. grew its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 223,296 shares of the company’s stock after purchasing an additional 2,978 shares during the period. Donnelley Financial Solutions makes up approximately 4.3% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 6th biggest holding. O Keefe Stevens Advisory Inc.’s holdings in Donnelley Financial Solutions were worth $14,007,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd increased its holdings in Donnelley Financial Solutions by 106.5% in the third quarter. Dynamic Technology Lab Private Ltd now owns 17,836 shares of the company’s stock valued at $1,174,000 after purchasing an additional 9,197 shares during the period. World Investment Advisors LLC acquired a new stake in shares of Donnelley Financial Solutions in the third quarter valued at about $719,000. Harbor Capital Advisors Inc. bought a new position in shares of Donnelley Financial Solutions during the fourth quarter worth about $2,264,000. Jane Street Group LLC raised its position in shares of Donnelley Financial Solutions by 608.0% during the third quarter. Jane Street Group LLC now owns 66,931 shares of the company’s stock worth $4,406,000 after acquiring an additional 57,477 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Donnelley Financial Solutions by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company’s stock worth $29,906,000 after acquiring an additional 46,273 shares during the period. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jeffrey Jacobowitz sold 234,041 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $58.47, for a total value of $13,684,377.27. Following the transaction, the director now directly owns 774,165 shares in the company, valued at $45,265,427.55. This trade represents a 23.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David A. Gardella sold 3,000 shares of Donnelley Financial Solutions stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares of the company’s stock, valued at $12,373,408.08. This represents a 1.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DFIN. Needham & Company LLC reaffirmed a “buy” rating and issued a $79.00 price objective on shares of Donnelley Financial Solutions in a research note on Wednesday. B. Riley cut their price target on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th.

Donnelley Financial Solutions Trading Down 0.2 %

Shares of DFIN stock opened at $62.06 on Friday. Donnelley Financial Solutions, Inc. has a fifty-two week low of $56.02 and a fifty-two week high of $71.01. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a 50 day simple moving average of $61.00 and a two-hundred day simple moving average of $63.33. The company has a market cap of $1.79 billion, a P/E ratio of 19.39 and a beta of 1.38.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.28). The company had revenue of $179.50 million during the quarter, compared to the consensus estimate of $181.55 million. Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%. The business’s revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.58 EPS.

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).