Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report) CEO Daniel Leib sold 25,000 shares of the business's stock in a transaction that occurred on 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 owns 515,191 shares of the company's stock, valued at approximately $25,831,676.74. This represents a 4.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Donnelley Financial Solutions Trading Up 0.9 %
DFIN opened at $50.39 on Thursday. The firm has a market capitalization of $1.44 billion, a P/E ratio of 16.47 and a beta of 1.36. The firm's 50 day moving average is $61.75 and its 200-day moving average is $63.11. 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 52-week low of $47.94 and a 52-week high of $71.01.
Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.22). The firm had revenue of $156.30 million for 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%.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on DFIN. B. Riley reduced 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 report on Tuesday, November 5th. DA Davidson reduced their price objective on Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Finally, Needham & Company LLC decreased their target price on 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.
Read Our Latest Stock Analysis on DFIN
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of DFIN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Donnelley Financial Solutions by 18.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 100,280 shares of the company's stock valued at $6,291,000 after purchasing an additional 15,873 shares in the last quarter. Voloridge Investment Management LLC boosted its stake in shares of Donnelley Financial Solutions by 66.8% during the 4th quarter. Voloridge Investment Management LLC now owns 48,066 shares of the company's stock valued at $3,015,000 after buying an additional 19,245 shares during the last quarter. Two Sigma Advisers LP increased its stake in shares of Donnelley Financial Solutions by 14.4% in the fourth quarter. Two Sigma Advisers LP now owns 136,600 shares of the company's stock worth $8,569,000 after buying an additional 17,200 shares during the last quarter. Two Sigma Investments LP raised its holdings in Donnelley Financial Solutions by 29.3% in the fourth quarter. Two Sigma Investments LP now owns 151,795 shares of the company's stock valued at $9,522,000 after acquiring an additional 34,356 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in Donnelley Financial Solutions during the 4th quarter valued at $19,595,000. Institutional investors and hedge funds own 93.84% of the company's stock.
Donnelley Financial Solutions Company Profile
(
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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