O Shaughnessy Asset Management LLC Sells 312 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

O Shaughnessy Asset Management LLC decreased its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,329 shares of the company’s stock after selling 312 shares during the period. O Shaughnessy Asset Management LLC owned about 0.09% of Donnelley Financial Solutions worth $1,652,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DFIN. Principal Securities Inc. raised its holdings in shares of Donnelley Financial Solutions by 1,537.1% in the 4th quarter. Principal Securities Inc. now owns 1,015 shares of the company’s stock worth $64,000 after buying an additional 953 shares in the last quarter. Point72 DIFC Ltd acquired a new position in Donnelley Financial Solutions during the third quarter worth $74,000. Smartleaf Asset Management LLC lifted its holdings in shares of Donnelley Financial Solutions by 584.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company’s stock valued at $73,000 after acquiring an additional 987 shares during the period. KBC Group NV boosted its stake in shares of Donnelley Financial Solutions by 52.7% in the 4th quarter. KBC Group NV now owns 1,550 shares of the company’s stock valued at $97,000 after purchasing an additional 535 shares in the last quarter. Finally, Vestcor Inc bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth about $121,000. Institutional investors own 93.84% of the company’s stock.

Insiders Place Their Bets

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

Donnelley Financial Solutions Stock Performance

Donnelley Financial Solutions stock opened at $40.38 on Friday. The stock has a 50-day simple moving average of $52.71 and a 200 day simple moving average of $59.24. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 13.20 and a beta of 1.23. The company has a quick ratio of 1.15, a current ratio of 1.04 and a debt-to-equity ratio of 0.29. Donnelley Financial Solutions, Inc. has a 12-month low of $39.30 and a 12-month high of $71.01.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on DFIN. DA Davidson cut their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Needham & Company LLC reiterated a “buy” rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, March 28th.

Donnelley Financial Solutions 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).