Intech Investment Management LLC Boosts Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Intech Investment Management LLC boosted its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 111.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,556 shares of the company’s stock after buying an additional 10,323 shares during the quarter. Intech Investment Management LLC owned 0.07% of Donnelley Financial Solutions worth $1,227,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Inspire Investing LLC raised its position in 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 buying an additional 177 shares during the last quarter. New York State Teachers Retirement System grew its stake 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 purchasing an additional 182 shares during the period. Thrivent Financial for Lutherans grew its stake 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 purchasing an additional 289 shares during the period. Empowered Funds LLC grew its stake 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 purchasing an additional 320 shares during the period. Finally, Sanctuary Advisors LLC grew its stake 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 purchasing an additional 387 shares during the period. 93.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Donnelley Financial Solutions

In other news, Director Gary G. Greenfield acquired 1,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were bought at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the acquisition, the director now owns 43,128 shares of the company’s stock, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the firm’s 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 in the company, valued at $25,831,676.74. The trade was a 4.63 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is currently owned by insiders.

Donnelley Financial Solutions Price Performance

Donnelley Financial Solutions stock opened at $44.63 on Friday. The company’s fifty day moving average price is $56.56 and its 200 day moving average price is $60.76. Donnelley Financial Solutions, Inc. has a 1 year low of $41.76 and a 1 year high of $71.01. The stock has a market capitalization of $1.28 billion, a P/E ratio of 14.59 and a beta of 1.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04.

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 analysts’ consensus estimates of $0.48 by ($0.22). Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The company had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on DFIN shares. Needham & Company LLC dropped their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th. DA Davidson dropped their price objective on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th.

Donnelley Financial Solutions Company 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).