King Luther Capital Management Corp Has $3.39 Million Stock Holdings in Donnelley Financial Solutions $DFIN

King Luther Capital Management Corp lifted its stake in shares of Donnelley Financial Solutions (NYSE:DFIN) by 31.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,528 shares of the company’s stock after purchasing an additional 17,534 shares during the period. King Luther Capital Management Corp’s holdings in Donnelley Financial Solutions were worth $3,386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DFIN. Royce & Associates LP increased its position in shares of Donnelley Financial Solutions by 36.0% in the fourth quarter. Royce & Associates LP now owns 590,136 shares of the company’s stock worth $27,553,000 after acquiring an additional 156,059 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of Donnelley Financial Solutions by 8.6% in the fourth quarter. William Blair Investment Management LLC now owns 518,833 shares of the company’s stock worth $24,224,000 after acquiring an additional 40,968 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Donnelley Financial Solutions in the fourth quarter worth approximately $70,000. Legato Capital Management LLC increased its position in shares of Donnelley Financial Solutions by 14.5% in the fourth quarter. Legato Capital Management LLC now owns 26,785 shares of the company’s stock worth $1,251,000 after acquiring an additional 3,400 shares in the last quarter. Finally, LSV Asset Management increased its position in shares of Donnelley Financial Solutions by 117.6% in the fourth quarter. LSV Asset Management now owns 3,700 shares of the company’s stock worth $173,000 after acquiring an additional 2,000 shares in the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Donnelley Financial Solutions

In other news, insider Eric J. Johnson sold 20,280 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $50.16, for a total value of $1,017,244.80. Following the transaction, the insider directly owned 116,814 shares of the company’s stock, valued at approximately $5,859,390.24. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.20% of the company’s stock.

Donnelley Financial Solutions Price Performance

NYSE DFIN opened at $39.78 on Friday. The company has a 50 day simple moving average of $45.81 and a 200-day simple moving average of $47.37. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $993.70 million, a price-to-earnings ratio of 30.84 and a beta of 0.83. Donnelley Financial Solutions has a 52-week low of $37.07 and a 52-week high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. The business had revenue of $205.50 million during the quarter, compared to analyst estimates of $204.80 million. Donnelley Financial Solutions had a net margin of 4.52% and a return on equity of 24.80%. The firm’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.24 earnings per share. Equities research analysts predict that Donnelley Financial Solutions will post 4.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. DA Davidson dropped their target price on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Donnelley Financial Solutions has a consensus rating of “Moderate Buy” and an average target price of $59.50.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.