UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 755 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,407 shares of the company’s stock after selling 755 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.29% of Donnelley Financial Solutions worth $5,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Public Sector Pension Investment Board boosted its position in shares of Donnelley Financial Solutions by 3.5% in the third quarter. Public Sector Pension Investment Board now owns 56,684 shares of the company’s stock valued at $3,732,000 after acquiring an additional 1,900 shares during the period. Dynamic Technology Lab Private Ltd lifted its position in Donnelley Financial Solutions by 106.5% in the third quarter. Dynamic Technology Lab Private Ltd now owns 17,836 shares of the company’s stock worth $1,174,000 after purchasing an additional 9,197 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Donnelley Financial Solutions by 6.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company’s stock worth $23,133,000 after purchasing an additional 19,740 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in Donnelley Financial Solutions by 10.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,678 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,604 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in Donnelley Financial Solutions by 1.4% in the third quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock worth $1,381,000 after purchasing an additional 289 shares during the period. 93.84% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Daniel Leib sold 400 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $70.01, for a total transaction of $28,004.00. Following the sale, the chief executive officer now owns 524,791 shares in the company, valued at $36,740,617.91. This represents a 0.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jeffrey Jacobowitz sold 73,354 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $69.45, for a total value of $5,094,435.30. Following the sale, the director now owns 1,203,451 shares in the company, valued at approximately $83,579,671.95. This represents a 5.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 425,331 shares of company stock worth $26,738,613 in the last 90 days. Corporate insiders own 11.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on DFIN shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $79.00 target price on shares of Donnelley Financial Solutions in a research report on Friday, November 1st. B. Riley dropped their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th.

Donnelley Financial Solutions Price Performance

Shares of DFIN opened at $61.22 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. Donnelley Financial Solutions, Inc. has a 1 year low of $56.02 and a 1 year high of $71.01. The stock has a market cap of $1.77 billion, a P/E ratio of 19.13 and a beta of 1.39. The stock’s 50-day moving average price is $62.40 and its two-hundred day moving average price is $63.00.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.28). Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%. The business had revenue of $179.50 million for the quarter, compared to the consensus estimate of $181.55 million. During the same quarter last year, the firm earned $0.58 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities analysts predict that Donnelley Financial Solutions, Inc. will post 3.23 earnings per share for the current year.

Donnelley Financial Solutions 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).