Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report) Director Gary G. Greenfield acquired 1,000 shares of the 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 transaction, the director now directly owns 43,128 shares of the company's stock, valued at $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Donnelley Financial Solutions Stock Performance
Donnelley Financial Solutions stock opened at $50.01 on Wednesday. The stock has a 50 day moving average of $61.95 and a 200-day moving average of $63.20. Donnelley Financial Solutions, Inc. has a 52 week low of $47.94 and a 52 week high of $71.01. The stock has a market cap of $1.43 billion, a P/E ratio of 16.34 and a beta of 1.36. 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 - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.22). The business had revenue of $156.30 million for the quarter, compared to analyst estimates of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.
Wall Street Analysts Forecast Growth
DFIN has been the subject of several recent research reports. Needham & Company LLC lowered their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a "buy" rating for the company in a research report on Wednesday, February 19th. B. Riley reduced their target price on Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, DA Davidson reduced their target price on 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.
Check Out Our Latest Report on DFIN
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Donnelley Financial Solutions by 18.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 100,280 shares of the company's stock worth $6,291,000 after acquiring an additional 15,873 shares during the period. Voloridge Investment Management LLC grew its holdings in Donnelley Financial Solutions by 66.8% during the fourth quarter. Voloridge Investment Management LLC now owns 48,066 shares of the company's stock worth $3,015,000 after acquiring an additional 19,245 shares during the period. Two Sigma Advisers LP grew its holdings in Donnelley Financial Solutions by 14.4% during the fourth quarter. Two Sigma Advisers LP now owns 136,600 shares of the company's stock worth $8,569,000 after acquiring an additional 17,200 shares during the period. Two Sigma Investments LP grew its holdings in Donnelley Financial Solutions by 29.3% during the fourth quarter. Two Sigma Investments LP now owns 151,795 shares of the company's stock worth $9,522,000 after acquiring an additional 34,356 shares during the period. Finally, Tidal Investments LLC acquired a new position in Donnelley Financial Solutions during the fourth quarter worth about $19,595,000. 93.84% of the stock is owned by institutional investors and hedge funds.
About Donnelley Financial Solutions
(
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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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