Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib Sells 400 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib sold 400 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $70.01, for a total transaction of $28,004.00. Following the transaction, the chief executive officer now owns 524,791 shares of the company’s stock, valued at approximately $36,740,617.91. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Daniel Leib also recently made the following trade(s):

• On Wednesday, September 18th, Daniel Leib sold 2,881 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43.

Donnelley Financial Solutions Trading Down 2.2 %

Shares of DFIN stock traded down $1.57 during trading hours on Wednesday, reaching $68.33. 211,738 shares of the stock traded hands, compared to its average volume of 166,217. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2.00 billion, a PE ratio of 20.81 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 1-year low of $50.75 and a 1-year high of $71.01. The business has a fifty day moving average price of $65.31 and a 200 day moving average price of $62.66.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.08. Donnelley Financial Solutions had a return on equity of 25.45% and a net margin of 13.22%. The company had revenue of $242.70 million during the quarter, compared to analyst estimates of $247.70 million. On average, equities research analysts forecast that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current year.

Hedge Funds Weigh In On Donnelley Financial Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Donnelley Financial Solutions by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 328,050 shares of the company’s stock valued at $20,460,000 after buying an additional 1,321 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Donnelley Financial Solutions during the fourth quarter valued at $3,176,000. Assetmark Inc. boosted its position in Donnelley Financial Solutions by 5.8% during the fourth quarter. Assetmark Inc. now owns 35,850 shares of the company’s stock valued at $2,236,000 after purchasing an additional 1,968 shares during the last quarter. US Bancorp DE grew its stake in Donnelley Financial Solutions by 506.8% in the fourth quarter. US Bancorp DE now owns 11,668 shares of the company’s stock valued at $728,000 after purchasing an additional 9,745 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Donnelley Financial Solutions in the 4th quarter worth about $788,000. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. DA Davidson upped their price target on Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC boosted their target price on Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.

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).