5,797 Shares in Donnelley Financial Solutions, Inc. (NYSE:DFIN) Purchased by Marshall Wace LLP

Marshall Wace LLP acquired a new stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,797 shares of the company’s stock, valued at approximately $346,000.

A number of other hedge funds also recently made changes to their positions in DFIN. Mawer Investment Management Ltd. lifted its holdings in Donnelley Financial Solutions by 3.4% during the 2nd quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company’s stock valued at $125,864,000 after purchasing an additional 68,908 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Donnelley Financial Solutions by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 1,152,756 shares of the company’s stock worth $68,727,000 after buying an additional 152,867 shares during the last quarter. William Blair Investment Management LLC lifted its stake in shares of Donnelley Financial Solutions by 0.8% during the 1st quarter. William Blair Investment Management LLC now owns 445,815 shares of the company’s stock worth $27,645,000 after buying an additional 3,416 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Donnelley Financial Solutions by 1,178.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock worth $20,381,000 after buying an additional 302,957 shares during the period. Finally, Burney Co. raised its holdings in Donnelley Financial Solutions by 193.3% in the 2nd quarter. Burney Co. now owns 178,524 shares of the company’s stock valued at $10,644,000 after acquiring an additional 117,662 shares during the period. 93.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Eric J. Johnson sold 8,823 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $62.77, for a total value of $553,819.71. Following the sale, the insider now directly owns 124,186 shares in the company, valued at approximately $7,795,155.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the company’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the transaction, the insider now owns 148,348 shares of the company’s stock, valued at $9,805,802.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Eric J. Johnson sold 8,823 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $62.77, for a total value of $553,819.71. Following the completion of the transaction, the insider now owns 124,186 shares of the company’s stock, valued at $7,795,155.22. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 213,744 shares of company stock valued at $14,512,108. 11.90% of the stock is currently owned by corporate insiders.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN opened at $64.42 on Friday. The business has a fifty day moving average price of $65.59 and a two-hundred day moving average price of $63.03. The stock has a market capitalization of $1.89 billion, a PE ratio of 19.64 and a beta of 1.35. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.45 and a quick ratio of 1.45. Donnelley Financial Solutions, Inc. has a fifty-two week low of $51.06 and a fifty-two week high of $71.01.

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

Wall Street Analysts Forecast Growth

DFIN has been the topic of a number of recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $79.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, September 27th. DA Davidson upped their price objective on Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a 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).