Barclays PLC Has $4.96 Million Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Barclays PLC grew its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 33.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 75,359 shares of the company's stock after purchasing an additional 18,686 shares during the quarter. Barclays PLC owned about 0.26% of Donnelley Financial Solutions worth $4,960,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC grew its holdings in Donnelley Financial Solutions by 72.3% during the second quarter. CWM LLC now owns 472 shares of the company's stock worth $28,000 after purchasing an additional 198 shares during the period. Farther Finance Advisors LLC boosted its stake in Donnelley Financial Solutions by 781.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the company's stock valued at $31,000 after purchasing an additional 422 shares during the period. Quarry LP boosted its stake in Donnelley Financial Solutions by 492.9% in 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 acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $48,000. Finally, Point72 DIFC Ltd bought a new position in Donnelley Financial Solutions during the 3rd quarter worth $74,000. Institutional investors own 93.84% of the company's stock.

Insider Buying and Selling at Donnelley Financial Solutions

In other news, Director Jeffrey Jacobowitz sold 234,041 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total value of $13,684,377.27. Following the completion of the transaction, the director now owns 774,165 shares of the company's stock, valued at approximately $45,265,427.55. This represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David A. Gardella sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares of the company's stock, valued at approximately $12,373,408.08. This represents a 1.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.90% of the company's stock.

Wall Street Analyst Weigh In

DFIN has been the topic of several research reports. Needham & Company LLC restated a "buy" rating and issued a $79.00 price target on shares of Donnelley Financial Solutions in a research note on Friday, November 1st. B. Riley decreased their target price on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th.

Donnelley Financial Solutions Price Performance

DFIN stock traded up $0.71 during midday trading on Friday, reaching $61.42. The company had a trading volume of 960,653 shares, compared to its average volume of 174,865. Donnelley Financial Solutions, Inc. has a 1-year low of $56.02 and a 1-year high of $71.01. The stock has a 50 day moving average price of $61.76 and a 200-day moving average price of $63.02. 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 company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 19.19 and a beta of 1.39.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.28). The firm had revenue of $179.50 million for the quarter, compared to the consensus estimate of $181.55 million. Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. The business's revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $0.58 EPS. Equities research analysts expect that Donnelley Financial Solutions, Inc. will post 3.23 earnings per share for the current year.

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).