Insider Selling: Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells 930 Shares of Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Eric J. Johnson sold 930 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $59.01, for a total value of $54,879.30. Following the completion of the sale, the insider now owns 155,095 shares in the company, valued at approximately $9,152,155.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Donnelley Financial Solutions Stock Down 1.1 %

NYSE DFIN traded down $0.62 during trading on Tuesday, hitting $58.25. The company’s stock had a trading volume of 135,525 shares, compared to its average volume of 183,843. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $1.71 billion, a PE ratio of 17.95 and a beta of 1.41. The business’s 50 day simple moving average is $61.71 and its 200-day simple moving average is $61.89. Donnelley Financial Solutions, Inc. has a fifty-two week low of $41.98 and a fifty-two week high of $66.21.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.25. The business had revenue of $203.40 million during the quarter, compared to the consensus estimate of $214.10 million. Donnelley Financial Solutions had a return on equity of 24.68% and a net margin of 12.43%. On average, equities analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DFIN has been the topic of a number of recent research reports. B. Riley increased their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Needham & Company LLC reissued a “buy” rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, May 1st. Finally, DA Davidson raised Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and raised their price objective for the company from $60.00 to $72.00 in a research report on Friday, April 12th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Mawer Investment Management Ltd. raised its stake in shares of Donnelley Financial Solutions by 47.5% in the first quarter. Mawer Investment Management Ltd. now owns 2,042,204 shares of the company’s stock worth $126,637,000 after purchasing an additional 657,835 shares during the last quarter. American Century Companies Inc. raised its stake 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 worth $55,273,000 after purchasing an additional 14,621 shares during the last quarter. Invesco Ltd. raised 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 purchasing an additional 508,638 shares during the last quarter. Boston Trust Walden Corp raised its stake in shares of Donnelley Financial Solutions by 52.0% in the fourth quarter. Boston Trust Walden Corp now owns 696,982 shares of the company’s stock worth $43,471,000 after purchasing an additional 238,489 shares during the last quarter. Finally, William Blair Investment Management LLC raised its stake in shares of Donnelley Financial Solutions by 2.8% in the third quarter. William Blair Investment Management LLC now owns 522,002 shares of the company’s stock worth $29,378,000 after purchasing an additional 14,296 shares during the last quarter. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

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).