Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Gary G. Greenfield Buys 1,000 Shares of Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Gary G. Greenfield bought 1,000 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was acquired at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the acquisition, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Donnelley Financial Solutions Trading Up 0.4 %

NYSE DFIN opened at $50.01 on Wednesday. Donnelley Financial Solutions, Inc. has a 12 month low of $47.94 and a 12 month high of $71.01. The company has a 50-day moving average of $61.95 and a 200-day moving average of $63.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. The company has a market cap of $1.43 billion, a P/E ratio of 16.34 and a beta of 1.36.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22). Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The company had revenue of $156.30 million for the quarter, compared to analyst estimates of $169.20 million.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Huntington National Bank increased its position in Donnelley Financial Solutions by 20.7% during the 4th quarter. Huntington National Bank now owns 910 shares of the company’s stock worth $57,000 after purchasing an additional 156 shares in the last quarter. Inspire Investing LLC increased its position in Donnelley Financial Solutions by 2.8% during the 4th quarter. Inspire Investing LLC now owns 6,413 shares of the company’s stock worth $402,000 after purchasing an additional 177 shares in the last quarter. New York State Teachers Retirement System increased its position in Donnelley Financial Solutions by 0.4% during the 4th quarter. New York State Teachers Retirement System now owns 52,025 shares of the company’s stock worth $3,264,000 after purchasing an additional 182 shares in the last quarter. Thrivent Financial for Lutherans increased its position in Donnelley Financial Solutions by 1.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock worth $1,381,000 after purchasing an additional 289 shares in the last quarter. Finally, Empowered Funds LLC increased its position in Donnelley Financial Solutions by 3.1% during the 3rd quarter. Empowered Funds LLC now owns 10,768 shares of the company’s stock worth $709,000 after purchasing an additional 320 shares in the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DFIN shares. DA Davidson cut their target price on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. B. Riley decreased their target price 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. Finally, Needham & Company LLC decreased their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, February 19th.

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).