William Blair Investment Management LLC Grows Position in Donnelley Financial Solutions $DFIN

William Blair Investment Management LLC boosted its holdings in Donnelley Financial Solutions (NYSE:DFIN) by 8.6% in the 4th quarter, HoldingsChannel reports. The fund owned 518,833 shares of the company’s stock after acquiring an additional 40,968 shares during the quarter. William Blair Investment Management LLC’s holdings in Donnelley Financial Solutions were worth $24,224,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Simcoe Capital Management LLC raised its position in Donnelley Financial Solutions by 14.4% in the third quarter. Simcoe Capital Management LLC now owns 1,187,190 shares of the company’s stock worth $61,057,000 after acquiring an additional 149,455 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of Donnelley Financial Solutions in the third quarter valued at $621,000. Alberta Investment Management Corp increased its position in shares of Donnelley Financial Solutions by 75.0% in the third quarter. Alberta Investment Management Corp now owns 350,000 shares of the company’s stock valued at $18,000,000 after buying an additional 150,000 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Donnelley Financial Solutions by 2.7% in the third quarter. Vanguard Group Inc. now owns 1,867,233 shares of the company’s stock valued at $96,032,000 after buying an additional 49,875 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in shares of Donnelley Financial Solutions by 8.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,237,306 shares of the company’s stock valued at $63,634,000 after buying an additional 91,494 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Up 0.5%

DFIN opened at $39.20 on Tuesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market capitalization of $979.14 million, a price-to-earnings ratio of 30.39 and a beta of 0.83. The business has a 50-day moving average of $46.35 and a two-hundred day moving average of $47.50. Donnelley Financial Solutions has a 12 month low of $37.07 and a 12 month high of $66.25.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.35 by $0.10. The company had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS. On average, research analysts expect that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DFIN shares. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. DA Davidson dropped their price objective on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Wall Street Zen cut Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Donnelley Financial Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $59.50.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 20,280 shares of Donnelley Financial Solutions stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $50.16, for a total value of $1,017,244.80. Following the completion of the sale, the insider owned 116,814 shares in the company, valued at $5,859,390.24. The trade was a 14.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.20% of the stock is owned by company insiders.

Donnelley Financial Solutions Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.