Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP reduced its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 58.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,644 shares of the company's stock after selling 6,488 shares during the quarter. Quantbot Technologies LP's holdings in Donnelley Financial Solutions were worth $291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DFIN. State Street Corp lifted its position in shares of Donnelley Financial Solutions by 0.4% during 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. Geode Capital Management LLC increased its stake in Donnelley Financial Solutions by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 593,239 shares of the company's stock valued at $39,061,000 after purchasing an additional 20,652 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Donnelley Financial Solutions by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company's stock worth $29,906,000 after purchasing an additional 46,273 shares during the last quarter. William Blair Investment Management LLC boosted its position in Donnelley Financial Solutions by 16.7% during the fourth quarter. William Blair Investment Management LLC now owns 375,729 shares of the company's stock worth $23,569,000 after purchasing an additional 53,665 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Donnelley Financial Solutions by 6.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 373,607 shares of the company's stock valued at $23,436,000 after purchasing an additional 22,195 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DFIN. Needham & Company LLC reiterated a "buy" rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a research report on Friday, March 28th. DA Davidson cut their target price on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating for the company in a research report on Thursday, February 20th.

Insider Transactions at Donnelley Financial Solutions

In other news, CEO Daniel Leib sold 25,000 shares of Donnelley Financial Solutions stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total value of $1,253,500.00. Following the completion of the sale, the chief executive officer now owns 515,191 shares of the company's stock, valued at $25,831,676.74. The trade was a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary G. Greenfield bought 1,000 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average price of $48.89 per share, with a total value of $48,890.00. Following the completion of the purchase, the director now directly owns 43,128 shares of the company's stock, valued at approximately $2,108,527.92. The trade was a 2.37 % increase in their position. The disclosure for this purchase can be found here. Insiders own 11.90% of the company's stock.

Donnelley Financial Solutions Price Performance

Donnelley Financial Solutions stock traded up $0.88 during mid-day trading on Wednesday, hitting $44.83. 335,131 shares of the company were exchanged, compared to its average volume of 202,791. Donnelley Financial Solutions, Inc. has a 12-month low of $41.76 and a 12-month high of $71.01. The company has a market capitalization of $1.28 billion, a P/E ratio of 14.65 and a beta of 1.44. The business's 50 day simple moving average is $53.74 and its two-hundred day simple moving average is $59.56. 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 (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.22). The company had revenue of $156.30 million for 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%.

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).