Aviva PLC Grows Stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Aviva PLC increased its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 208.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,025 shares of the company's stock after buying an additional 6,778 shares during the period. Aviva PLC's holdings in Donnelley Financial Solutions were worth $629,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DFIN. Point72 Asset Management L.P. lifted its stake in Donnelley Financial Solutions by 66.1% during the third quarter. Point72 Asset Management L.P. now owns 7,892 shares of the company's stock worth $520,000 after purchasing an additional 3,141 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Donnelley Financial Solutions by 108.0% in the 3rd quarter. Stifel Financial Corp now owns 11,091 shares of the company's stock worth $730,000 after acquiring an additional 5,759 shares during the last quarter. State Street Corp lifted its holdings in shares of Donnelley Financial Solutions by 0.4% in the 3rd quarter. State Street Corp now owns 1,060,700 shares of the company's stock worth $69,826,000 after acquiring an additional 4,279 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Donnelley Financial Solutions by 608.0% in the 3rd quarter. Jane Street Group LLC now owns 66,931 shares of the company's stock valued at $4,406,000 after purchasing an additional 57,477 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Donnelley Financial Solutions during the 3rd quarter valued at $377,000. 93.84% of the stock is currently owned by institutional investors.

Donnelley Financial Solutions Stock Performance

Donnelley Financial Solutions stock traded up $0.24 during midday trading on Wednesday, reaching $40.53. 38,229 shares of the company traded hands, compared to its average volume of 315,102. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. Donnelley Financial Solutions, Inc. has a 12 month low of $37.80 and a 12 month high of $71.01. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 13.27 and a beta of 1.23. The business has a 50 day moving average of $47.82 and a two-hundred day moving average of $57.55.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) 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 analysts' expectations of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DFIN shares. Needham & Company LLC reiterated a "buy" rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Friday, March 28th. DA Davidson reaffirmed a "buy" rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Monday.

Insiders Place Their Bets

In other Donnelley Financial Solutions news, Director Gary G. Greenfield purchased 1,000 shares of the company's stock in a transaction dated Friday, February 21st. The shares were acquired at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the purchase, the director now directly owns 43,128 shares of the company's stock, valued at $2,108,527.92. The trade was a 2.37 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the business's stock in a transaction on 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 sale, the chief executive officer now directly owns 515,191 shares of the company's stock, valued at approximately $25,831,676.74. The trade was a 4.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 11.90% of the company's stock.

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).