Mawer Investment Management Ltd. Has $108.87 Million Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Mawer Investment Management Ltd. trimmed its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,735,562 shares of the company's stock after selling 285,541 shares during the period. Mawer Investment Management Ltd. owned approximately 6.01% of Donnelley Financial Solutions worth $108,872,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DFIN. Principal Securities Inc. increased its position in Donnelley Financial Solutions by 1,537.1% during the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock worth $64,000 after acquiring an additional 953 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Donnelley Financial Solutions by 584.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company's stock worth $73,000 after purchasing an additional 987 shares during the period. Point72 DIFC Ltd acquired a new position in shares of Donnelley Financial Solutions during the third quarter valued at about $74,000. KBC Group NV lifted its stake in shares of Donnelley Financial Solutions by 52.7% in the fourth quarter. KBC Group NV now owns 1,550 shares of the company's stock valued at $97,000 after buying an additional 535 shares during the period. Finally, Vestcor Inc acquired a new stake in Donnelley Financial Solutions during the fourth quarter worth about $121,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, CEO Daniel Leib sold 25,000 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the transaction, the chief executive officer now directly owns 515,191 shares in the company, valued at approximately $25,831,676.74. This represents 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 accessible through this link. Also, Director Gary G. Greenfield purchased 1,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average cost of $48.89 per share, with a total value of $48,890.00. Following the acquisition, the director now owns 43,128 shares of the company's stock, valued at $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.90% of the stock is owned by corporate insiders.

Donnelley Financial Solutions Price Performance

NYSE:DFIN traded down $2.24 during mid-day trading on Thursday, hitting $42.59. The company's stock had a trading volume of 196,090 shares, compared to its average volume of 202,790. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 13.92 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 fifty-two week low of $41.76 and a fifty-two week high of $71.01. The stock has a fifty day moving average of $53.74 and a 200-day moving average of $59.56.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.22). The company had revenue of $156.30 million during the quarter, compared to analyst estimates 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).