Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Purchased by Amundi

Amundi grew its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 175.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,955 shares of the company's stock after purchasing an additional 8,253 shares during the quarter. Amundi's holdings in Donnelley Financial Solutions were worth $770,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Atria Investments Inc purchased a new stake in shares of Donnelley Financial Solutions during the third quarter worth approximately $225,000. Empowered Funds LLC boosted its stake in 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 last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Donnelley Financial Solutions by 1.4% during the third quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company's stock worth $1,381,000 after buying an additional 289 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Donnelley Financial Solutions by 10.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,678 shares of the company's stock valued at $1,098,000 after buying an additional 1,604 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Donnelley Financial Solutions by 6.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company's stock worth $23,133,000 after buying an additional 19,740 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

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Donnelley Financial Solutions Trading Up 0.3 %

Shares of DFIN stock traded up $0.15 on Friday, hitting $44.63. 935,890 shares of the stock traded hands, compared to its average volume of 191,425. 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, Inc. has a twelve month low of $41.76 and a twelve month high of $71.01. The firm's 50-day moving average price is $56.56 and its two-hundred day moving average price is $60.76. The stock has a market capitalization of $1.28 billion, a PE ratio of 14.59 and a beta of 1.44.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its earnings results 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). Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%. The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million.

Analyst Ratings Changes

Several analysts recently issued reports 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 for the company in a research note on Wednesday, February 19th. DA Davidson dropped their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating for the company in a research report on Thursday, February 20th.

Insider Activity at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 25,000 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the transaction, the chief executive officer now owns 515,191 shares of the company's stock, valued at $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gary G. Greenfield purchased 1,000 shares of Donnelley Financial Solutions stock in a transaction dated Friday, February 21st. The stock was bought at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the purchase, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their position. The disclosure for this purchase can be found here. 11.90% of the stock is currently owned by insiders.

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).