Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Gary G. Greenfield Acquires 1,000 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) 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 purchased at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the transaction, the director now owns 43,128 shares of the company’s stock, valued at $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Donnelley Financial Solutions Price Performance

Shares of Donnelley Financial Solutions stock opened at $50.39 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.47 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 1-year low of $47.94 and a 1-year high of $71.01. The firm’s 50-day moving average price is $61.75 and its two-hundred day moving average price is $63.11.

Donnelley Financial Solutions (NYSE:DFIN) last issued 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 for the quarter, compared to the consensus estimate of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

Institutional Trading of Donnelley Financial Solutions

Several large investors have recently added to or reduced their stakes in the company. State Street Corp grew its stake in Donnelley Financial Solutions by 0.4% during the third quarter. State Street Corp now owns 1,060,700 shares of the company’s stock worth $69,826,000 after buying an additional 4,279 shares during the last quarter. Rice Hall James & Associates LLC lifted its position in shares of Donnelley Financial Solutions by 2.8% during the third quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company’s stock worth $59,218,000 after purchasing an additional 24,869 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Donnelley Financial Solutions by 7.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 595,344 shares of the company’s stock worth $37,347,000 after purchasing an additional 39,980 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Donnelley Financial Solutions by 3.6% during the third quarter. Geode Capital Management LLC now owns 593,239 shares of the company’s stock worth $39,061,000 after purchasing an additional 20,652 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Donnelley Financial Solutions by 17.2% during the fourth quarter. Northern Trust Corp now owns 545,203 shares of the company’s stock worth $34,201,000 after purchasing an additional 79,848 shares in the last quarter. 93.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DFIN has been the subject of a number of recent research reports. B. Riley dropped their target price on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. DA Davidson dropped their price objective on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Finally, Needham & Company LLC cut their price objective on Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, February 19th.

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).