Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Purchases $48,890.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Gary G. Greenfield acquired 1,000 shares of Donnelley Financial Solutions stock in a transaction dated Friday, February 21st. The stock was purchased at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the acquisition, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This represents a 2.37 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Donnelley Financial Solutions Stock Up 0.4 %

NYSE:DFIN traded up $0.18 during midday trading on Tuesday, hitting $50.01. 335,454 shares of the company were exchanged, compared to its average volume of 242,676. The company has a fifty day simple moving average of $61.95 and a 200 day simple moving average of $63.20. Donnelley Financial Solutions, Inc. has a fifty-two week low of $47.94 and a fifty-two week high of $71.01. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $1.43 billion, a PE ratio of 16.34 and a beta of 1.36.

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

Institutional Investors Weigh In On Donnelley Financial Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its stake in Donnelley Financial Solutions by 781.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the company’s stock worth $31,000 after acquiring an additional 422 shares in the last quarter. Quarry LP purchased a new position in Donnelley Financial Solutions during the 4th quarter worth $42,000. Aquatic Capital Management LLC purchased a new position in Donnelley Financial Solutions during the 4th quarter worth $49,000. Huntington National Bank grew its position in Donnelley Financial Solutions by 20.7% during the 4th quarter. Huntington National Bank now owns 910 shares of the company’s stock worth $57,000 after purchasing an additional 156 shares during the last quarter. Finally, Principal Securities Inc. grew its position 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 purchasing an additional 953 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DFIN shares. B. Riley reduced their price objective on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC reduced their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Finally, DA Davidson reduced their price objective on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, February 20th.

About Donnelley Financial Solutions

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).