Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stock Position Increased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 32.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,184 shares of the company’s stock after buying an additional 1,528 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Donnelley Financial Solutions were worth $386,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Louisiana State Employees Retirement System bought a new position in shares of Donnelley Financial Solutions during the 4th quarter valued at about $773,000. Arlington Trust Co LLC acquired a new stake in Donnelley Financial Solutions during the fourth quarter valued at approximately $173,000. Boston Trust Walden Corp boosted its holdings in Donnelley Financial Solutions by 52.0% during the fourth quarter. Boston Trust Walden Corp now owns 696,982 shares of the company’s stock worth $43,471,000 after buying an additional 238,489 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Donnelley Financial Solutions in the fourth quarter worth approximately $2,241,000. Finally, Diversified Trust Co increased its holdings in shares of Donnelley Financial Solutions by 4.0% in the fourth quarter. Diversified Trust Co now owns 7,076 shares of the company’s stock valued at $441,000 after buying an additional 269 shares in the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Luis A. Aguilar sold 3,047 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $63.84, for a total transaction of $194,520.48. Following the transaction, the director now directly owns 58,594 shares of the company’s stock, valued at $3,740,640.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Donnelley Financial Solutions news, CEO Daniel Leib sold 33,122 shares of the company’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $64.37, for a total value of $2,132,063.14. Following the transaction, the chief executive officer now directly owns 524,352 shares of the company’s stock, valued at approximately $33,752,538.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Luis A. Aguilar sold 3,047 shares of Donnelley Financial Solutions stock in a transaction dated Friday, February 23rd. The shares were 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 disclosure for this sale can be found here. Insiders have sold 41,867 shares of company stock worth $2,702,766 in the last 90 days. Company insiders own 11.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DFIN shares. B. Riley raised their price objective on Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Needham & Company LLC reiterated a “buy” rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday. Finally, DA Davidson upgraded 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.

Donnelley Financial Solutions Trading Up 2.0 %

Donnelley Financial Solutions stock opened at $63.69 on Friday. The company has a 50 day moving average price of $62.41 and a 200 day moving average price of $60.51. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.03 and a current ratio of 1.49. Donnelley Financial Solutions, Inc. has a 52 week low of $41.45 and a 52 week high of $66.21. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 19.42 and a beta of 1.49.

Donnelley Financial Solutions (NYSE:DFIN) last issued its 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). The business had revenue of $176.50 million during the quarter, compared to analyst estimates of $169.35 million. Donnelley Financial Solutions had a return on equity of 24.68% and a net margin of 12.43%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned $0.36 EPS. Research analysts forecast that Donnelley Financial Solutions, Inc. will post 2.93 EPS 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).