Donnelley Financial Solutions, Inc. (NYSE:DFIN) Position Cut by Prudential Financial Inc.

Prudential Financial Inc. lowered its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 7.5% in the 4th quarter, Holdings Channel reports. The fund owned 126,095 shares of the company’s stock after selling 10,176 shares during the period. Prudential Financial Inc.’s holdings in Donnelley Financial Solutions were worth $7,910,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans grew its position in Donnelley Financial Solutions by 1.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock worth $1,381,000 after purchasing an additional 289 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Donnelley Financial Solutions by 6.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company’s stock worth $23,133,000 after buying an additional 19,740 shares in the last quarter. Public Sector Pension Investment Board increased its position in Donnelley Financial Solutions by 3.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 56,684 shares of the company’s stock valued at $3,732,000 after acquiring an additional 1,900 shares during the period. Martingale Asset Management L P raised its stake in Donnelley Financial Solutions by 12.0% during the 3rd quarter. Martingale Asset Management L P now owns 28,429 shares of the company’s stock valued at $1,871,000 after acquiring an additional 3,042 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its position in Donnelley Financial Solutions by 66.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 7,892 shares of the company’s stock worth $520,000 after acquiring an additional 3,141 shares during the period. Institutional investors own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DFIN shares. DA Davidson lowered their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Needham & Company LLC restated a “buy” rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Friday.

Donnelley Financial Solutions Stock Down 2.8 %

DFIN opened at $43.83 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. The stock’s fifty day moving average is $54.95 and its 200-day moving average is $60.05. Donnelley Financial Solutions, Inc. has a one year low of $41.76 and a one year high of $71.01. The company has a market capitalization of $1.25 billion, a PE ratio of 14.32 and a beta of 1.44.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

Insider Transactions at Donnelley Financial Solutions

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

Donnelley Financial Solutions 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).