36,097 Shares in Donnelley Financial Solutions, Inc. (NYSE:DFIN) Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. acquired a new stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,097 shares of the company's stock, valued at approximately $2,264,000. Harbor Capital Advisors Inc. owned approximately 0.13% of Donnelley Financial Solutions as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in shares of Donnelley Financial Solutions by 781.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the company's stock worth $31,000 after buying an additional 422 shares in the last quarter. Quarry LP grew its position in Donnelley Financial Solutions by 492.9% in the second quarter. Quarry LP now owns 747 shares of the company's stock worth $45,000 after acquiring an additional 621 shares in the last quarter. Point72 DIFC Ltd bought a new stake in Donnelley Financial Solutions during the third quarter worth approximately $74,000. Quest Partners LLC purchased a new stake in Donnelley Financial Solutions during the second quarter valued at approximately $197,000. Finally, Caprock Group LLC purchased a new stake in Donnelley Financial Solutions during the second quarter valued at approximately $201,000. 93.84% of the stock is owned by institutional investors.

Donnelley Financial Solutions Trading Down 2.0 %

Shares of NYSE:DFIN traded down $1.16 during trading hours on Friday, hitting $58.28. 131,553 shares of the company's stock traded hands, compared to its average volume of 152,590. The firm has a market capitalization of $1.68 billion, a P/E ratio of 18.21 and a beta of 1.39. The business has a fifty day moving average price of $60.86 and a 200-day moving average price of $63.28. Donnelley Financial Solutions, Inc. has a 1 year low of $56.02 and a 1 year high of $71.01. 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 (NYSE:DFIN - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.28). Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%. The business had revenue of $179.50 million for the quarter, compared to analysts' expectations of $181.55 million. During the same quarter in the previous year, the firm earned $0.58 EPS. Donnelley Financial Solutions's revenue was down .3% compared to the same quarter last year. Equities analysts expect that Donnelley Financial Solutions, Inc. will post 3.23 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO David A. Gardella sold 3,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total value of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares of the company's stock, valued at $12,373,408.08. This represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey Jacobowitz sold 234,041 shares of Donnelley Financial Solutions stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $58.47, for a total value 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. 11.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DFIN shares. B. Riley cut their target price on 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. Needham & Company LLC reiterated a "buy" rating and set a $79.00 price objective on shares of Donnelley Financial Solutions in a research report on Friday, November 1st.

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).