Sanctuary Advisors LLC Buys 387 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Sanctuary Advisors LLC grew its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,214 shares of the company’s stock after buying an additional 387 shares during the period. Sanctuary Advisors LLC’s holdings in Donnelley Financial Solutions were worth $752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp grew its holdings in shares of Donnelley Financial Solutions by 0.4% in the third quarter. State Street Corp now owns 1,060,700 shares of the company’s stock valued at $69,826,000 after purchasing an additional 4,279 shares in the last quarter. Rice Hall James & Associates LLC grew its holdings in shares of Donnelley Financial Solutions by 2.8% in the third quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company’s stock valued at $59,218,000 after purchasing an additional 24,869 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Donnelley Financial Solutions by 3.6% in the third quarter. Geode Capital Management LLC now owns 593,239 shares of the company’s stock valued at $39,061,000 after purchasing an additional 20,652 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Donnelley Financial Solutions by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company’s stock valued at $29,906,000 after purchasing an additional 46,273 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of 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 valued at $23,133,000 after purchasing an additional 19,740 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Stock Up 2.3 %

NYSE DFIN opened at $49.59 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.04 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $61.51 and a two-hundred day moving average of $63.01. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.21 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 52 week low of $47.94 and a 52 week high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.22). Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The business had revenue of $156.30 million for the quarter, compared to the consensus estimate of $169.20 million.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DFIN shares. Needham & Company LLC cut their target price on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, February 19th. B. Riley dropped their price objective on shares of 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. Finally, DA Davidson dropped their price objective on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 20th.

Insider Transactions at Donnelley Financial Solutions

In other news, CEO Daniel Leib sold 25,000 shares of Donnelley Financial Solutions stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the sale, the chief executive officer now directly owns 515,191 shares in the company, valued at approximately $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary G. Greenfield bought 1,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were acquired at an average price of $48.89 per share, with a total value of $48,890.00. Following the completion of the transaction, the director now owns 43,128 shares of the company’s stock, valued at approximately $2,108,527.92. The trade was a 2.37 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 11.90% of the company’s stock.

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).