David A. Gardella Sells 3,000 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CFO David A. Gardella sold 3,000 shares of Donnelley Financial Solutions stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total value of $188,040.00. Following the sale, the chief financial officer now owns 197,406 shares in the company, valued at $12,373,408.08. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Donnelley Financial Solutions Stock Up 1.2 %

Shares of NYSE DFIN opened at $61.42 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $1.77 billion, a PE ratio of 19.19 and a beta of 1.39. Donnelley Financial Solutions, Inc. has a one year low of $56.02 and a one year high of $71.01. The business’s fifty day moving average price is $61.76 and its 200-day moving average price is $63.02.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.28). The business had revenue of $179.50 million for the quarter, compared to analysts’ expectations of $181.55 million. Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%. Donnelley Financial Solutions’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the company earned $0.58 earnings per share. On average, equities research analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.23 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC raised its holdings in Donnelley Financial Solutions by 72.3% during the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after acquiring an additional 198 shares during the period. Farther Finance Advisors LLC grew its position in shares of Donnelley Financial Solutions by 781.5% in the third quarter. Farther Finance Advisors LLC now owns 476 shares of the company’s stock valued at $31,000 after purchasing an additional 422 shares in the last quarter. Quarry LP raised its stake in shares of Donnelley Financial Solutions by 492.9% during the 2nd quarter. Quarry LP now owns 747 shares of the company’s stock valued at $45,000 after purchasing an additional 621 shares during the period. nVerses Capital LLC purchased a new stake in Donnelley Financial Solutions during the 2nd quarter worth about $48,000. Finally, Point72 DIFC Ltd bought a new position in Donnelley Financial Solutions in the 3rd quarter worth about $74,000. 93.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DFIN has been the subject of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and set a $79.00 price objective on shares of Donnelley Financial Solutions in a report on Friday, November 1st. B. Riley decreased their price target 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.

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).