Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC lifted its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 899,567 shares of the company’s stock after acquiring an additional 24,869 shares during the period. Donnelley Financial Solutions accounts for approximately 3.2% of Rice Hall James & Associates LLC’s holdings, making the stock its 2nd biggest position. Rice Hall James & Associates LLC owned approximately 3.07% of Donnelley Financial Solutions worth $59,218,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in Donnelley Financial Solutions in the first quarter worth approximately $808,000. Empowered Funds LLC acquired a new position in shares of Donnelley Financial Solutions in the 1st quarter valued at $6,041,000. Homestead Advisers Corp increased its stake in Donnelley Financial Solutions by 24.5% in the 1st quarter. Homestead Advisers Corp now owns 56,900 shares of the company’s stock worth $3,528,000 after purchasing an additional 11,200 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Donnelley Financial Solutions during the first quarter valued at about $1,694,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Donnelley Financial Solutions by 1,178.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock worth $20,381,000 after buying an additional 302,957 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and issued a $79.00 price target on shares of Donnelley Financial Solutions in a research report on Friday, September 27th. DA Davidson upped 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.

Insider Buying and Selling

In related news, CEO Daniel Leib sold 2,881 shares of Donnelley Financial Solutions stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43. Following the completion of the transaction, the chief executive officer now directly owns 517,810 shares of the company’s stock, valued at $36,262,234.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Donnelley Financial Solutions news, CEO Daniel Leib sold 2,881 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $70.03, for a total value of $201,756.43. Following the transaction, the chief executive officer now owns 517,810 shares of the company’s stock, valued at approximately $36,262,234.30. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eric J. Johnson sold 8,823 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $62.77, for a total value of $553,819.71. Following the completion of the sale, the insider now owns 124,186 shares of the company’s stock, valued at approximately $7,795,155.22. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 200,113 shares of company stock worth $13,608,056 in the last 90 days. 11.90% of the stock is owned by company insiders.

Donnelley Financial Solutions Stock Down 8.7 %

Donnelley Financial Solutions stock opened at $58.34 on Friday. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 16.62 and a beta of 1.35. The firm has a fifty day moving average price of $65.97 and a two-hundred day moving average price of $63.43. Donnelley Financial Solutions, Inc. has a fifty-two week low of $52.52 and a fifty-two week high of $71.01. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.45 and a quick ratio of 1.45.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.08. The business had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $247.70 million. Donnelley Financial Solutions had a return on equity of 25.45% and a net margin of 13.22%. As a group, analysts forecast that Donnelley Financial Solutions, Inc. will post 3.02 earnings per share for the current year.

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).