Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Bought by Quarry LP

Quarry LP raised its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 492.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 747 shares of the company’s stock after purchasing an additional 621 shares during the quarter. Quarry LP’s holdings in Donnelley Financial Solutions were worth $45,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DFIN. CWM LLC increased its stake in Donnelley Financial Solutions by 72.3% in the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Donnelley Financial Solutions by 1.6% during the second quarter. Louisiana State Employees Retirement System now owns 12,500 shares of the company’s stock worth $745,000 after acquiring an additional 200 shares during the last quarter. SummerHaven Investment Management LLC increased its holdings in Donnelley Financial Solutions by 1.6% in the second quarter. SummerHaven Investment Management LLC now owns 15,839 shares of the company’s stock valued at $944,000 after buying an additional 249 shares during the last quarter. Texas Permanent School Fund Corp boosted its position in shares of Donnelley Financial Solutions by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 21,654 shares of the company’s stock worth $1,343,000 after buying an additional 286 shares during the period. Finally, ProShare Advisors LLC raised its holdings in Donnelley Financial Solutions by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,989 shares of the company’s stock worth $309,000 after purchasing an additional 345 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DFIN shares. DA Davidson increased their price objective on Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC restated a “buy” rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a research note on Friday, September 27th.

Donnelley Financial Solutions Trading Up 0.9 %

DFIN opened at $66.12 on Friday. The firm’s fifty day simple moving average is $65.79 and its 200 day simple moving average is $62.95. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.41. Donnelley Financial Solutions, Inc. has a 12 month low of $51.06 and a 12 month high of $71.01. The stock has a market capitalization of $1.94 billion, a P/E ratio of 20.16 and a beta of 1.35.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Wednesday, July 31st. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.08. Donnelley Financial Solutions had a net margin of 13.22% and a return on equity of 25.45%. The company had revenue of $242.70 million for the quarter, compared to analyst estimates of $247.70 million. As a group, research analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current fiscal year.

Insider Transactions at Donnelley Financial Solutions

In related news, insider Craig Clay sold 13,231 shares of the stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $66.33, for a total value of $877,612.23. Following the completion of the transaction, the insider now owns 134,965 shares of the company’s stock, valued at $8,952,228.45. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Jeffrey Jacobowitz sold 114,655 shares of the firm’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $67.42, for a total transaction of $7,730,040.10. Following the transaction, the director now directly owns 1,008,206 shares of the company’s stock, valued at $67,973,248.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Craig Clay sold 13,231 shares of Donnelley Financial Solutions stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $66.33, for a total transaction of $877,612.23. Following the completion of the sale, the insider now directly owns 134,965 shares in the company, valued at approximately $8,952,228.45. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 213,744 shares of company stock valued at $14,512,108. Company 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).