Bfsg LLC Invests $109,000 in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Bfsg LLC acquired a new position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,745 shares of the company’s stock, valued at approximately $109,000.

A number of other institutional investors and hedge funds have also made changes to their positions in DFIN. Diversified Trust Co lifted its stake in Donnelley Financial Solutions by 4.0% during the fourth quarter. Diversified Trust Co now owns 7,076 shares of the company’s stock worth $441,000 after purchasing an additional 269 shares during the last quarter. Assetmark Inc. lifted its stake in Donnelley Financial Solutions by 1.2% during the third quarter. Assetmark Inc. now owns 33,882 shares of the company’s stock worth $1,907,000 after purchasing an additional 398 shares during the last quarter. Yousif Capital Management LLC lifted its stake in Donnelley Financial Solutions by 3.3% during the fourth quarter. Yousif Capital Management LLC now owns 12,754 shares of the company’s stock worth $795,000 after purchasing an additional 407 shares during the last quarter. Swiss National Bank lifted its stake in Donnelley Financial Solutions by 1.1% during the third quarter. Swiss National Bank now owns 55,000 shares of the company’s stock worth $3,095,000 after purchasing an additional 600 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Donnelley Financial Solutions during the third quarter worth approximately $40,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Performance

Shares of Donnelley Financial Solutions stock traded down $2.64 during trading hours on Thursday, hitting $62.36. 38,213 shares of the company were exchanged, compared to its average volume of 179,832. Donnelley Financial Solutions, Inc. has a 1 year low of $40.73 and a 1 year high of $66.21. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average of $62.48 and a 200-day moving average of $60.20. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 24.01 and a beta of 1.50.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.01). Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The company had revenue of $176.50 million for the quarter, compared to analysts’ expectations of $169.35 million. During the same quarter last year, the company earned $0.36 EPS. Donnelley Financial Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. As a group, analysts expect that Donnelley Financial Solutions, Inc. will post 2.93 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Daniel Leib sold 33,122 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the transaction, the chief executive officer now owns 524,352 shares of the company’s stock, valued at $33,752,538.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Donnelley Financial Solutions news, Director Luis A. Aguilar sold 3,047 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $63.84, for a total value of $194,520.48. Following the sale, the director now owns 58,594 shares of the company’s stock, valued at $3,740,640.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Daniel Leib sold 33,122 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $64.37, for a total value of $2,132,063.14. Following the completion of the sale, the chief executive officer now directly owns 524,352 shares in the company, valued at approximately $33,752,538.24. The disclosure for this sale can be found here. 11.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on DFIN shares. DA Davidson upgraded Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $72.00 in a research note on Friday, April 12th. Needham & Company LLC boosted their price objective on Donnelley Financial Solutions from $65.00 to $72.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st.

About Donnelley Financial Solutions

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).