Stifel Financial Corp Has $730,000 Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Stifel Financial Corp grew its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 108.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,091 shares of the company’s stock after buying an additional 5,759 shares during the period. Stifel Financial Corp’s holdings in Donnelley Financial Solutions were worth $730,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. American Century Companies Inc. boosted its position 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 acquiring an additional 152,867 shares in the last quarter. Millennium Management LLC grew its position in Donnelley Financial Solutions by 108.9% during the 2nd quarter. Millennium Management LLC now owns 253,178 shares of the company’s stock worth $15,094,000 after acquiring an additional 131,994 shares during the last quarter. Mawer Investment Management Ltd. increased its holdings in Donnelley Financial Solutions by 3.4% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company’s stock worth $125,864,000 after purchasing an additional 68,908 shares in the last quarter. Great Lakes Advisors LLC grew its holdings in shares of Donnelley Financial Solutions by 1,500.4% during the second quarter. Great Lakes Advisors LLC now owns 71,537 shares of the company’s stock worth $4,265,000 after purchasing an additional 67,067 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in Donnelley Financial Solutions by 324.9% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 64,743 shares of the company’s stock valued at $3,860,000 after buying an additional 49,506 shares during the last quarter. Institutional investors and hedge funds own 93.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DFIN. Needham & Company LLC reissued a “buy” rating and set a $79.00 target price on shares of Donnelley Financial Solutions in a research report on Friday, November 1st. B. Riley lowered their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

Insider Transactions at Donnelley Financial Solutions

In other news, CFO David A. Gardella sold 3,000 shares of Donnelley Financial Solutions stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total value of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares in the company, valued at approximately $12,373,408.08. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey Jacobowitz sold 234,041 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total value of $13,684,377.27. Following the sale, the director now owns 774,165 shares of the company’s stock, valued at $45,265,427.55. This represents a 23.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Trading Up 0.4 %

NYSE:DFIN opened at $61.78 on Thursday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $1.78 billion, a PE ratio of 19.31 and a beta of 1.39. Donnelley Financial Solutions, Inc. has a 12 month low of $56.02 and a 12 month high of $71.01. The firm’s 50 day moving average is $61.59 and its 200 day moving average is $63.09.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Thursday, October 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.28). The firm had revenue of $179.50 million during the quarter, compared to analysts’ expectations of $181.55 million. Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. Sell-side analysts expect 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).