Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by Bridge City Capital LLC

Bridge City Capital LLC grew its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 56.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,160 shares of the company's stock after purchasing an additional 17,463 shares during the quarter. Bridge City Capital LLC owned approximately 0.17% of Donnelley Financial Solutions worth $3,021,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Atria Investments Inc acquired a new stake in Donnelley Financial Solutions during the third quarter valued at approximately $225,000. Empowered Funds LLC increased its holdings in shares of Donnelley Financial Solutions by 3.1% in the 3rd quarter. Empowered Funds LLC now owns 10,768 shares of the company's stock valued at $709,000 after acquiring an additional 320 shares during the last quarter. Thrivent Financial for Lutherans raised its position 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 valued at $1,381,000 after acquiring an additional 289 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Donnelley Financial Solutions by 10.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,678 shares of the company's stock worth $1,098,000 after purchasing an additional 1,604 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Donnelley Financial Solutions by 6.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company's stock worth $23,133,000 after purchasing an additional 19,740 shares during the last quarter. Institutional investors own 93.84% of the company's stock.

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Insider Transactions at Donnelley Financial Solutions

In related news, Director Gary G. Greenfield purchased 1,000 shares of the company's stock in a transaction on Friday, February 21st. The shares were bought at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following 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 purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Daniel Leib sold 25,000 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the sale, the chief executive officer now directly owns 515,191 shares of the company's stock, valued at approximately $25,831,676.74. This represents a 4.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.90% of the company's stock.

Analyst Upgrades and Downgrades

DFIN has been the topic of a number of research reports. DA Davidson dropped their target price on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. 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.

Donnelley Financial Solutions Stock Performance

NYSE DFIN traded down $0.21 during trading hours on Thursday, hitting $45.12. The company had a trading volume of 391,722 shares, compared to its average volume of 194,777. The company has a quick ratio of 1.15, a current ratio of 1.04 and a debt-to-equity ratio of 0.29. The firm has a market cap of $1.29 billion, a P/E ratio of 14.74 and a beta of 1.44. Donnelley Financial Solutions, Inc. has a fifty-two week low of $41.76 and a fifty-two week high of $71.01. The business has a fifty day simple moving average of $55.31 and a 200-day simple moving average of $60.24.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.22). The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

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).