Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by Invesco Ltd.

Invesco Ltd. reduced its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,026,630 shares of the company's stock after selling 117,197 shares during the quarter. Invesco Ltd. owned about 3.56% of Donnelley Financial Solutions worth $64,400,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Huntington National Bank increased its position in shares of Donnelley Financial Solutions by 20.7% in the 4th quarter. Huntington National Bank now owns 910 shares of the company's stock valued at $57,000 after purchasing an additional 156 shares during the last quarter. Principal Securities Inc. increased its holdings in Donnelley Financial Solutions by 1,537.1% in the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock valued at $64,000 after buying an additional 953 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Donnelley Financial Solutions by 584.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company's stock valued at $73,000 after buying an additional 987 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Donnelley Financial Solutions in the fourth quarter valued at $78,000. Finally, KBC Group NV lifted its holdings in Donnelley Financial Solutions by 52.7% during the 4th quarter. KBC Group NV now owns 1,550 shares of the company's stock worth $97,000 after buying an additional 535 shares during the last quarter. 93.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. 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 reissued a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Monday, April 14th.

Donnelley Financial Solutions Stock Performance

Shares of Donnelley Financial Solutions stock traded up $1.23 on Friday, hitting $41.90. The stock had a trading volume of 300,474 shares, compared to its average volume of 216,385. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 13.69 and a beta of 1.23. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. Donnelley Financial Solutions, Inc. has a 52-week low of $37.80 and a 52-week high of $71.01. The company's 50 day moving average price is $46.79 and its 200 day moving average price is $57.27.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.22). The firm had revenue of $156.30 million during the quarter, compared to analyst estimates of $169.20 million. Donnelley Financial Solutions had a net margin of 11.82% and a return on equity of 20.65%.

Insider Buying and Selling

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

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).