Great Lakes Advisors LLC Has $4.84 Million Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Great Lakes Advisors LLC decreased its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 7.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,212 shares of the company's stock after selling 6,540 shares during the quarter. Great Lakes Advisors LLC owned 0.27% of Donnelley Financial Solutions worth $4,844,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Donnelley Financial Solutions in the 4th quarter valued at $10,373,000. Jane Street Group LLC grew its position in Donnelley Financial Solutions by 608.0% in the third quarter. Jane Street Group LLC now owns 66,931 shares of the company's stock valued at $4,406,000 after acquiring an additional 57,477 shares during the last quarter. JPMorgan Chase & Co. grew its position in Donnelley Financial Solutions by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company's stock valued at $29,906,000 after acquiring an additional 46,273 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in Donnelley Financial Solutions during the fourth quarter worth about $2,264,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Donnelley Financial Solutions by 556.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 37,661 shares of the company's stock worth $2,362,000 after acquiring an additional 31,926 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DFIN. DA Davidson dropped their price objective on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Needham & Company LLC lowered their price target on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a "buy" rating for the company in a report on Wednesday, February 19th.

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Donnelley Financial Solutions Trading Down 0.9 %

Shares of DFIN stock opened at $43.34 on Friday. Donnelley Financial Solutions, Inc. has a 1-year low of $42.31 and a 1-year high of $71.01. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 14.16 and a beta of 1.44. The stock has a 50-day moving average of $58.67 and a 200-day moving average of $61.84.

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 the consensus estimate of $0.48 by ($0.22). Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The firm had revenue of $156.30 million for the quarter, compared to the consensus estimate of $169.20 million.

Insider Transactions at Donnelley Financial Solutions

In related news, Director Gary G. Greenfield acquired 1,000 shares of the company's stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the acquisition, the director now owns 43,128 shares of the company's stock, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David A. Gardella sold 3,000 shares of the stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now directly owns 197,406 shares in the company, valued at $12,373,408.08. This trade represents a 1.50 % decrease in their position. The disclosure for this sale can be found here. Corporate 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).

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