Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC grew its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 608.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,931 shares of the company's stock after purchasing an additional 57,477 shares during the quarter. Jane Street Group LLC owned about 0.23% of Donnelley Financial Solutions worth $4,406,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mawer Investment Management Ltd. boosted its position in Donnelley Financial Solutions by 3.4% during the second quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company's stock valued at $125,864,000 after acquiring an additional 68,908 shares during the last quarter. American Century Companies Inc. grew its position in shares of Donnelley Financial Solutions by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 1,152,756 shares of the company's stock valued at $68,727,000 after acquiring an additional 152,867 shares during the period. State Street Corp raised its stake in Donnelley Financial Solutions by 0.4% in the 3rd quarter. State Street Corp now owns 1,060,700 shares of the company's stock valued at $69,826,000 after acquiring an additional 4,279 shares during the period. Rice Hall James & Associates LLC boosted its holdings in shares of Donnelley Financial Solutions by 2.8% in the third quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company's stock worth $59,218,000 after acquiring an additional 24,869 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of 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 valued at $23,133,000 after buying an additional 19,740 shares during the period. Institutional investors and hedge funds own 93.84% of the company's stock.

Insider Activity at Donnelley Financial Solutions

In other news, Director Jeffrey Jacobowitz sold 114,655 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $67.42, for a total value of $7,730,040.10. Following the completion of the sale, the director now directly owns 1,008,206 shares of the company's stock, valued at approximately $67,973,248.52. This represents a 10.21 % 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 this hyperlink. 11.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. B. Riley decreased their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC reissued a "buy" rating and issued a $79.00 price target on shares of Donnelley Financial Solutions in a research report on Friday, November 1st.

Donnelley Financial Solutions Stock Up 0.0 %

NYSE DFIN traded up $0.02 during trading on Wednesday, reaching $62.60. 33,126 shares of the company's stock traded hands, compared to its average volume of 170,313. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 19.58 and a beta of 1.39. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15. Donnelley Financial Solutions, Inc. has a 12-month low of $56.02 and a 12-month high of $71.01. The company's 50 day simple moving average is $62.03 and its two-hundred day simple moving average is $63.04.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.48 EPS 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 analyst estimates of $181.55 million. Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. The company's revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the firm earned $0.58 EPS. As a group, sell-side analysts forecast that Donnelley Financial Solutions, Inc. will post 3.23 EPS for the current fiscal year.

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).