Victory Capital Management Inc. Has $2.18 Million Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Victory Capital Management Inc. grew its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 15.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,782 shares of the company’s stock after purchasing an additional 4,676 shares during the period. Victory Capital Management Inc. owned about 0.12% of Donnelley Financial Solutions worth $2,182,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Inspire Investing LLC lifted its holdings in shares of Donnelley Financial Solutions by 2.8% during the 4th quarter. Inspire Investing LLC now owns 6,413 shares of the company’s stock worth $402,000 after acquiring an additional 177 shares during the period. New York State Teachers Retirement System lifted its holdings in shares of Donnelley Financial Solutions by 0.4% during the 4th quarter. New York State Teachers Retirement System now owns 52,025 shares of the company’s stock worth $3,264,000 after acquiring an additional 182 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Donnelley Financial Solutions by 1.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock worth $1,381,000 after acquiring an additional 289 shares during the period. Empowered Funds LLC lifted its holdings in shares of Donnelley Financial Solutions by 3.1% during the 3rd quarter. Empowered Funds LLC now owns 10,768 shares of the company’s stock worth $709,000 after acquiring an additional 320 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Donnelley Financial Solutions by 3.6% during the 4th quarter. Sanctuary Advisors LLC now owns 11,214 shares of the company’s stock worth $752,000 after acquiring an additional 387 shares during the period. Institutional investors own 93.84% of the company’s stock.

Insider Activity

In other Donnelley Financial Solutions news, Director Gary G. Greenfield purchased 1,000 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was purchased at an average price of $48.89 per share, with a total value of $48,890.00. Following the completion of the purchase, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Daniel Leib sold 25,000 shares of the 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 sale, the chief executive officer now owns 515,191 shares of the company’s stock, valued at approximately $25,831,676.74. This trade represents a 4.63 % 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 Price Performance

Shares of NYSE:DFIN opened at $43.91 on Tuesday. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 14.35 and a beta of 1.44. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. The firm has a 50 day simple moving average of $57.98 and a 200 day simple moving average of $61.49. Donnelley Financial Solutions, Inc. has a one year low of $41.76 and a one year high of $71.01.

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

Analysts Set New Price Targets

DFIN has been the subject of several research reports. 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. Needham & Company LLC dropped their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

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).