Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $376,181.96 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Craig Clay sold 5,698 shares of Donnelley Financial Solutions stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $66.02, for a total transaction of $376,181.96. Following the completion of the transaction, the insider now directly owns 148,748 shares in the company, valued at approximately $9,820,342.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Donnelley Financial Solutions Stock Up 1.2 %

DFIN traded up $0.76 during midday trading on Friday, hitting $63.02. 153,571 shares of the company’s stock traded hands, compared to its average volume of 181,634. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $1.86 billion, a PE ratio of 23.25 and a beta of 1.50. Donnelley Financial Solutions, Inc. has a one year low of $40.73 and a one year high of $66.21. The stock’s fifty day simple moving average is $62.46 and its 200-day simple moving average is $60.21.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Tuesday, February 20th. The company reported $0.61 earnings per share (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 net margin of 10.31% and a return on equity of 22.89%. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.36 EPS. As a group, equities analysts anticipate that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Needham & Company LLC raised their target price on shares of Donnelley Financial Solutions from $65.00 to $72.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. DA Davidson raised Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $60.00 to $72.00 in a research note on Friday, April 12th. Finally, B. Riley lifted their price objective on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday.

Institutional Trading of Donnelley Financial Solutions

Large investors have recently made changes to their positions in the stock. Mawer Investment Management Ltd. raised its stake in shares of Donnelley Financial Solutions by 38.4% in the 4th quarter. Mawer Investment Management Ltd. now owns 1,384,369 shares of the company’s stock valued at $86,343,000 after acquiring an additional 383,828 shares in the last quarter. American Century Companies Inc. raised its position in shares of Donnelley Financial Solutions by 1.5% in the third quarter. American Century Companies Inc. now owns 982,113 shares of the company’s stock valued at $55,273,000 after purchasing an additional 14,621 shares during the period. Invesco Ltd. lifted its stake in shares of Donnelley Financial Solutions by 207.4% in the third quarter. Invesco Ltd. now owns 753,883 shares of the company’s stock worth $42,429,000 after buying an additional 508,638 shares during the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Donnelley Financial Solutions by 52.0% during the 4th 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 during the period. Finally, William Blair Investment Management LLC grew its stake in Donnelley Financial Solutions by 2.8% in the 3rd quarter. William Blair Investment Management LLC now owns 522,002 shares of the company’s stock valued at $29,378,000 after buying an additional 14,296 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.

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).