Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP cut its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 58.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,644 shares of the company’s stock after selling 6,488 shares during the period. Quantbot Technologies LP’s holdings in Donnelley Financial Solutions were worth $291,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. lifted its position in shares of Donnelley Financial Solutions by 1,537.1% during the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company’s stock worth $64,000 after purchasing an additional 953 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Donnelley Financial Solutions in the 3rd quarter worth about $74,000. Smartleaf Asset Management LLC boosted its stake in Donnelley Financial Solutions by 584.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company’s stock valued at $73,000 after purchasing an additional 987 shares during the period. KBC Group NV grew its position in Donnelley Financial Solutions by 52.7% in the 4th quarter. KBC Group NV now owns 1,550 shares of the company’s stock worth $97,000 after purchasing an additional 535 shares during the last quarter. Finally, Vestcor Inc acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter valued at approximately $121,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Performance

DFIN opened at $43.83 on Friday. The business has a 50 day moving average price of $54.95 and a two-hundred day moving average price of $60.05. 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 company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 14.32 and a beta of 1.44. Donnelley Financial Solutions, Inc. has a 1-year low of $41.76 and a 1-year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data 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). The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.

Insider Transactions at Donnelley Financial Solutions

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DFIN. DA Davidson decreased their price objective on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Needham & Company LLC restated a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Friday.

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).