Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $1,213,360.72 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Robert Kirk Williams sold 19,084 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $63.58, for a total value of $1,213,360.72. Following the sale, the insider now directly owns 58,983 shares of the company’s stock, valued at $3,750,139.14. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Donnelley Financial Solutions Trading Down 0.3 %

Shares of DFIN opened at $62.72 on Thursday. The stock’s fifty day simple moving average is $62.36 and its 200-day simple moving average is $60.75. The firm has a market capitalization of $1.84 billion, a PE ratio of 19.12 and a beta of 1.49. Donnelley Financial Solutions, Inc. has a 12-month low of $41.74 and a 12-month high of $66.21. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.50.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). The business had revenue of $176.50 million for the quarter, compared to analyst estimates of $169.35 million. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 earnings per share. As a group, research analysts predict that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DFIN. Needham & Company LLC restated a “buy” rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Wednesday, May 1st. DA Davidson upgraded shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and raised their price objective for the company from $60.00 to $72.00 in a research report on Friday, April 12th. Finally, B. Riley upped their target price on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th.

Institutional Trading of Donnelley Financial Solutions

Institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP bought a new position in shares of Donnelley Financial Solutions in the 3rd quarter worth $40,000. USA Financial Formulas acquired a new position in shares of Donnelley Financial Solutions during the 4th quarter worth about $72,000. Bfsg LLC acquired a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at approximately $109,000. Nkcfo LLC bought a new position in Donnelley Financial Solutions during the 3rd quarter worth approximately $141,000. Finally, Arlington Trust Co LLC acquired a new position in Donnelley Financial Solutions during the fourth quarter valued at approximately $173,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

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).