Choreo LLC Takes $265,000 Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Choreo LLC purchased a new stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,207 shares of the company's stock, valued at approximately $265,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DFIN. Farther Finance Advisors LLC raised its holdings in Donnelley Financial Solutions by 781.5% during the third quarter. Farther Finance Advisors LLC now owns 476 shares of the company's stock valued at $31,000 after acquiring an additional 422 shares during the period. Point72 DIFC Ltd purchased a new position in shares of Donnelley Financial Solutions during the third quarter valued at about $74,000. KBC Group NV grew its position in shares of Donnelley Financial Solutions by 52.7% during the fourth quarter. KBC Group NV now owns 1,550 shares of the company's stock valued at $97,000 after purchasing an additional 535 shares in the last quarter. Atria Investments Inc purchased a new position in shares of Donnelley Financial Solutions during the third quarter valued at about $225,000. Finally, Aigen Investment Management LP purchased a new position in shares of Donnelley Financial Solutions during the third quarter valued at about $248,000. 93.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Donnelley Financial Solutions news, CFO David A. Gardella sold 3,000 shares of the business'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 completion of the transaction, the chief financial officer now owns 197,406 shares in the company, valued at $12,373,408.08. The trade was a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DFIN. B. Riley cut their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC restated a "buy" rating and set a $79.00 price objective on shares of Donnelley Financial Solutions in a research report on Wednesday, January 15th.

Donnelley Financial Solutions Trading Down 16.7 %

DFIN traded down $10.98 on Tuesday, hitting $54.87. The company had a trading volume of 176,226 shares, compared to its average volume of 164,109. The company has a market cap of $1.58 billion, a PE ratio of 17.18 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 12-month low of $53.73 and a 12-month high of $71.01. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.28. The business's fifty day simple moving average is $63.40 and its 200 day simple moving average is $63.73.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.22). Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%.

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).