Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Craig Clay Sells 5,698 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Craig Clay sold 5,698 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $66.02, for a total transaction of $376,181.96. Following the completion of the transaction, the insider now owns 148,748 shares of the company’s stock, valued at $9,820,342.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Donnelley Financial Solutions Price Performance

Shares of DFIN opened at $63.02 on Friday. The firm has a market cap of $1.86 billion, a PE ratio of 23.25 and a beta of 1.50. 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 firm has a fifty day simple moving average of $62.46 and a two-hundred day simple moving average of $60.21. Donnelley Financial Solutions, Inc. has a 1-year low of $40.73 and a 1-year high of $66.21.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.01). The company had revenue of $176.50 million during the quarter, compared to analysts’ expectations of $169.35 million. Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the company earned $0.36 earnings per share. On average, equities analysts anticipate that Donnelley Financial Solutions, Inc. will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its holdings in Donnelley Financial Solutions by 1.2% in the 4th quarter. SummerHaven Investment Management LLC now owns 15,436 shares of the company’s stock worth $963,000 after buying an additional 178 shares during the period. Diversified Trust Co boosted its holdings in shares of Donnelley Financial Solutions by 4.0% during the 4th quarter. Diversified Trust Co now owns 7,076 shares of the company’s stock valued at $441,000 after purchasing an additional 269 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Donnelley Financial Solutions by 1.2% during the 3rd quarter. Assetmark Inc. now owns 33,882 shares of the company’s stock valued at $1,907,000 after purchasing an additional 398 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in shares of Donnelley Financial Solutions by 3.3% during the 4th quarter. Yousif Capital Management LLC now owns 12,754 shares of the company’s stock valued at $795,000 after purchasing an additional 407 shares during the last quarter. Finally, Natixis Advisors L.P. lifted its holdings in shares of Donnelley Financial Solutions by 5.0% in the 4th quarter. Natixis Advisors L.P. now owns 11,661 shares of the company’s stock valued at $727,000 after acquiring an additional 553 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. DA Davidson upgraded shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $60.00 to $72.00 in a report on Friday, April 12th. Needham & Company LLC boosted their price objective on shares of Donnelley Financial Solutions from $65.00 to $72.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Finally, B. Riley boosted their price objective on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday.

Donnelley Financial Solutions Company 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).