Bridge City Capital LLC Increases Stock Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Bridge City Capital LLC boosted its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 56.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,160 shares of the company’s stock after buying an additional 17,463 shares during the quarter. Bridge City Capital LLC owned approximately 0.17% of Donnelley Financial Solutions worth $3,021,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Atria Investments Inc purchased a new stake in shares of Donnelley Financial Solutions during the 3rd quarter worth $225,000. Empowered Funds LLC lifted its position in shares of Donnelley Financial Solutions by 3.1% during the third quarter. Empowered Funds LLC now owns 10,768 shares of the company’s stock valued at $709,000 after buying an additional 320 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Donnelley Financial Solutions by 1.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock valued at $1,381,000 after buying an additional 289 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Donnelley Financial Solutions by 10.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,678 shares of the company’s stock worth $1,098,000 after buying an additional 1,604 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Donnelley Financial Solutions by 6.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company’s stock worth $23,133,000 after acquiring an additional 19,740 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. DA Davidson lowered their target price on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Needham & Company LLC dropped their target price on Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th.

Insider Activity at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 25,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the sale, the chief executive officer now directly owns 515,191 shares of the company’s stock, valued at $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary G. Greenfield acquired 1,000 shares of the stock in a transaction on Friday, February 21st. The stock was bought at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the transaction, the director now owns 43,128 shares in the company, valued at approximately $2,108,527.92. This represents a 2.37 % increase in their position. The disclosure for this purchase can be found here. 11.90% of the stock is owned by insiders.

Donnelley Financial Solutions Stock Up 0.3 %

NYSE:DFIN opened at $44.63 on Friday. The company’s 50 day moving average is $56.56 and its two-hundred day moving average is $60.76. The company has a market cap of $1.28 billion, a PE ratio of 14.59 and a beta of 1.44. Donnelley Financial Solutions, Inc. has a twelve month low of $41.76 and a twelve month high of $71.01. 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 (NYSE:DFIN) last issued its earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22). The firm had revenue of $156.30 million during the quarter, compared to analysts’ expectations of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

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).