Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report) Director Jeffrey Jacobowitz sold 234,041 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total value of $13,684,377.27. Following the completion of the sale, the director now owns 774,165 shares of the company's stock, valued at approximately $45,265,427.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Jeffrey Jacobowitz also recently made the following trade(s):
- On Friday, September 20th, Jeffrey Jacobowitz sold 114,655 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $67.42, for a total value of $7,730,040.10.
- On Wednesday, September 18th, Jeffrey Jacobowitz sold 73,354 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $69.45, for a total transaction of $5,094,435.30.
Donnelley Financial Solutions Trading Up 3.2 %
DFIN opened at $62.43 on Friday. Donnelley Financial Solutions, Inc. has a 12-month low of $52.52 and a 12-month high of $71.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $1.80 billion, a PE ratio of 19.51 and a beta of 1.38. The firm's fifty day moving average price is $65.11 and its 200 day moving average price is $63.31.
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Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.28). The company had revenue of $179.50 million during the quarter, compared to analyst estimates 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 for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the company posted $0.58 EPS. As a group, research analysts expect that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. B. Riley lowered their price target on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating for the company in a report on Tuesday. DA Davidson lifted their target price on Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $79.00 price target on shares of Donnelley Financial Solutions in a report on Friday, November 1st.
Read Our Latest Stock Report on Donnelley Financial Solutions
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in shares of Donnelley Financial Solutions by 2.3% in the 1st quarter. BNP Paribas Financial Markets now owns 18,974 shares of the company's stock worth $1,177,000 after buying an additional 423 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Donnelley Financial Solutions by 4.8% during the first quarter. Janney Montgomery Scott LLC now owns 53,381 shares of the company's stock worth $3,310,000 after acquiring an additional 2,458 shares during the period. Texas Permanent School Fund Corp lifted its holdings in Donnelley Financial Solutions by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 21,654 shares of the company's stock worth $1,343,000 after acquiring an additional 286 shares during the last quarter. Empowered Funds LLC acquired a new position in Donnelley Financial Solutions in the first quarter valued at approximately $6,041,000. Finally, SG Americas Securities LLC acquired a new position in Donnelley Financial Solutions in the first quarter valued at approximately $808,000. Institutional investors own 93.84% of the company's stock.
About Donnelley Financial Solutions
(
Get Free Report)
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).
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