Mawer Investment Management Ltd. Has $108.87 Million Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Mawer Investment Management Ltd. trimmed its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 14.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,735,562 shares of the company’s stock after selling 285,541 shares during the period. Mawer Investment Management Ltd. owned 0.06% of Donnelley Financial Solutions worth $108,872,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in DFIN. Principal Securities Inc. lifted its holdings in Donnelley Financial Solutions by 1,537.1% during the 4th quarter. Principal Securities Inc. now owns 1,015 shares of the company’s stock worth $64,000 after buying an additional 953 shares during the period. Point72 DIFC Ltd bought a new position in shares of Donnelley Financial Solutions during the 3rd quarter worth approximately $74,000. Smartleaf Asset Management LLC increased its position in shares of Donnelley Financial Solutions by 584.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company’s stock valued at $73,000 after acquiring an additional 987 shares during the last quarter. KBC Group NV grew its stake in Donnelley Financial Solutions by 52.7% in the 4th quarter. KBC Group NV now owns 1,550 shares of the company’s stock valued at $97,000 after purchasing an additional 535 shares during the period. Finally, Vestcor Inc bought a new stake in shares of Donnelley Financial Solutions during the 4th quarter worth $121,000. 93.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on DFIN. DA Davidson dropped their target price on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC reissued a “buy” rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Friday.

Insider Activity at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 25,000 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the sale, the chief executive officer now directly owns 515,191 shares in the company, valued at $25,831,676.74. The trade was a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gary G. Greenfield purchased 1,000 shares of the business’s stock in a transaction on Friday, February 21st. The stock was bought at an average cost of $48.89 per share, with a total value of $48,890.00. Following the purchase, the director now owns 43,128 shares in the company, valued at approximately $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.90% of the stock is owned by corporate insiders.

Donnelley Financial Solutions Stock Down 2.8 %

Donnelley Financial Solutions stock opened at $43.83 on Friday. The firm has a 50 day simple moving average of $54.95 and a 200 day simple moving average of $60.05. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. Donnelley Financial Solutions, Inc. has a 1-year low of $41.76 and a 1-year high of $71.01. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 14.32 and a beta of 1.44.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.22). The company had revenue of $156.30 million during the quarter, compared to analysts’ expectations of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.

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).