Charles Schwab Investment Management Inc. Grows Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Charles Schwab Investment Management Inc. lifted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 6.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 351,412 shares of the company's stock after purchasing an additional 19,740 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.22% of Donnelley Financial Solutions worth $23,133,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DFIN. American Century Companies Inc. boosted its position in Donnelley Financial Solutions by 15.3% during the second quarter. American Century Companies Inc. now owns 1,152,756 shares of the company's stock worth $68,727,000 after acquiring an additional 152,867 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Donnelley Financial Solutions by 108.9% during the 2nd quarter. Millennium Management LLC now owns 253,178 shares of the company's stock worth $15,094,000 after purchasing an additional 131,994 shares during the last quarter. Burney Co. grew its position in shares of Donnelley Financial Solutions by 193.3% in the second quarter. Burney Co. now owns 178,524 shares of the company's stock valued at $10,644,000 after purchasing an additional 117,662 shares in the last quarter. Mawer Investment Management Ltd. increased its holdings in shares of Donnelley Financial Solutions by 3.4% in the second quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company's stock valued at $125,864,000 after purchasing an additional 68,908 shares during the last quarter. Finally, Great Lakes Advisors LLC lifted its position in Donnelley Financial Solutions by 1,500.4% during the second quarter. Great Lakes Advisors LLC now owns 71,537 shares of the company's stock worth $4,265,000 after buying an additional 67,067 shares in the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 400 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $70.01, for a total value of $28,004.00. Following the sale, the chief executive officer now directly owns 524,791 shares of the company's stock, valued at approximately $36,740,617.91. This represents a 0.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jeffrey Jacobowitz sold 234,041 shares of Donnelley Financial Solutions stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $58.47, for a total transaction of $13,684,377.27. Following the sale, the director now directly owns 774,165 shares of the company's stock, valued at approximately $45,265,427.55. This trade represents a 23.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 425,331 shares of company stock worth $26,738,613 over the last ninety days. Company insiders own 11.90% of the company's stock.

Donnelley Financial Solutions Trading Up 0.9 %

Donnelley Financial Solutions stock traded up $0.51 during mid-day trading on Friday, hitting $60.27. The company's stock had a trading volume of 102,809 shares, compared to its average volume of 170,750. The stock's fifty day moving average is $62.69 and its two-hundred day moving average is $63.03. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1.74 billion, a PE ratio of 18.84 and a beta of 1.39. Donnelley Financial Solutions, Inc. has a 1 year low of $56.02 and a 1 year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.28). The company had revenue of $179.50 million for the quarter, compared to analysts' expectations 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 quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the business earned $0.58 EPS. On average, analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.23 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on DFIN. Needham & Company LLC restated a "buy" rating and issued a $79.00 target price on shares of Donnelley Financial Solutions in a report on Friday, November 1st. B. Riley lowered their price target 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 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).