Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Jeffrey Jacobowitz Sells 73,354 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Jeffrey Jacobowitz sold 73,354 shares of the stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $69.45, for a total transaction of $5,094,435.30. Following the sale, the director now directly owns 1,203,451 shares in the company, valued at approximately $83,579,671.95. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Jeffrey Jacobowitz also recently made the following trade(s):

• On Friday, September 20th, Jeffrey Jacobowitz sold 114,655 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $67.42, for a total transaction of $7,730,040.10.

Donnelley Financial Solutions Stock Down 3.4 %

Shares of NYSE DFIN opened at $67.00 on Friday. Donnelley Financial Solutions, Inc. has a 1 year low of $50.75 and a 1 year high of $71.01. The firm’s 50-day moving average is $65.82 and its 200-day moving average is $62.76. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $1.96 billion, a PE ratio of 20.43 and a beta of 1.36.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.08. Donnelley Financial Solutions had a net margin of 13.22% and a return on equity of 25.45%. The firm had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $247.70 million. Equities analysts expect that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DFIN. CWM LLC boosted its stake in Donnelley Financial Solutions by 72.3% during the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock worth $28,000 after acquiring an additional 198 shares during the last quarter. Quarry LP raised its holdings in Donnelley Financial Solutions by 492.9% in the second quarter. Quarry LP now owns 747 shares of the company’s stock worth $45,000 after purchasing an additional 621 shares during the period. nVerses Capital LLC acquired a new stake in Donnelley Financial Solutions in the second quarter worth $48,000. Quest Partners LLC bought a new position in shares of Donnelley Financial Solutions during the second quarter worth $197,000. Finally, Caprock Group LLC acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at $201,000. 93.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. DA Davidson boosted their price objective on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Needham & Company LLC boosted their target price on Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.

Donnelley Financial Solutions Company 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).