Sanctuary Advisors LLC Acquires Shares of 9,754 Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Sanctuary Advisors LLC acquired a new stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,754 shares of the company’s stock, valued at approximately $615,000.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC raised its position in Donnelley Financial Solutions by 72.3% during the second quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares in the last quarter. Quarry LP increased its holdings in shares of Donnelley Financial Solutions by 492.9% during the second quarter. Quarry LP now owns 747 shares of the company’s stock worth $45,000 after buying an additional 621 shares in the last quarter. nVerses Capital LLC acquired a new position in shares of Donnelley Financial Solutions during the second quarter worth $48,000. Quest Partners LLC acquired 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 during the second quarter worth $201,000. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Performance

Shares of Donnelley Financial Solutions stock opened at $65.84 on Tuesday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.41. Donnelley Financial Solutions, Inc. has a twelve month low of $51.06 and a twelve month high of $71.01. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 20.07 and a beta of 1.35. The company’s fifty day moving average is $65.62 and its 200 day moving average is $63.10.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $247.70 million. Sell-side analysts forecast that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current year.

Analysts Set New Price Targets

DFIN has been the subject of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a report on Friday, September 27th. DA Davidson upped their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the company’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $66.10, for a total transaction of $26,440.00. Following the sale, the insider now owns 148,348 shares of the company’s stock, valued at approximately $9,805,802.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the company’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $66.10, for a total transaction of $26,440.00. Following the sale, the insider now owns 148,348 shares of the company’s stock, valued at approximately $9,805,802.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Daniel Leib sold 2,881 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43. Following the sale, the chief executive officer now directly owns 517,810 shares in the company, valued at $36,262,234.30. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 213,744 shares of company stock valued at $14,512,108 over the last 90 days. 11.90% of the stock is owned by insiders.

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).