Donnelley Financial Solutions, Inc. (NYSE:DFIN) Director Sells $2,618,956.80 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report) Director Jeffrey Jacobowitz sold 45,468 shares of the firm's stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $57.60, for a total transaction of $2,618,956.80. Following the completion of the sale, the director now owns 1,276,805 shares of the company's stock, valued at approximately $73,543,968. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jeffrey Jacobowitz also recently made the following trade(s):

• On Thursday, June 6th, Jeffrey Jacobowitz sold 54,835 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $59.93, for a total transaction of $3,286,261.55.
• On Monday, May 13th, Jeffrey Jacobowitz sold 106,166 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $61.84, for a total value of $6,565,305.44.
• On Friday, May 10th, Jeffrey Jacobowitz sold 53,812 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $61.94, for a total value of $3,333,115.28.
• On Wednesday, May 8th, Jeffrey Jacobowitz sold 106,093 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $62.36, for a total value of $6,615,959.48.
• On Monday, May 6th, Jeffrey Jacobowitz sold 132,056 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $63.62, for a total value of $8,401,402.72.

Donnelley Financial Solutions Stock Up 0.9 %

Shares of DFIN stock traded up $0.51 on Monday, hitting $58.86. The stock had a trading volume of 206,199 shares, compared to its average volume of 184,279. Donnelley Financial Solutions, Inc. has a one year low of $41.98 and a one year high of $66.21. The business has a 50 day moving average price of $61.71 and a 200 day moving average price of $61.89. The company has a market cap of $1.73 billion, a PE ratio of 17.95 and a beta of 1.41. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.50.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.64 by $0.25. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The business had revenue of $203.40 million during the quarter, compared to analyst estimates of $214.10 million. Research analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.31 earnings per share for the current fiscal year.

Institutional Trading of Donnelley Financial Solutions

A number of hedge funds have recently bought and sold shares of the stock. SummerHaven Investment Management LLC increased its holdings in shares of Donnelley Financial Solutions by 1.2% in the 4th quarter. SummerHaven Investment Management LLC now owns 15,436 shares of the company's stock valued at $963,000 after acquiring an additional 178 shares during the period. Diversified Trust Co grew its stake in Donnelley Financial Solutions by 4.0% in the fourth quarter. Diversified Trust Co now owns 7,076 shares of the company's stock valued at $441,000 after purchasing an additional 269 shares during the last quarter. Texas Permanent School Fund Corp raised its holdings in Donnelley Financial Solutions by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 21,654 shares of the company's stock worth $1,343,000 after purchasing an additional 286 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Donnelley Financial Solutions by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,989 shares of the company's stock valued at $309,000 after buying an additional 345 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its position in shares of Donnelley Financial Solutions by 3.3% during the fourth quarter. Yousif Capital Management LLC now owns 12,754 shares of the company's stock valued at $795,000 after buying an additional 407 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DFIN shares. B. Riley upped their price target on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a "buy" rating in a report on Thursday, April 25th. DA Davidson upgraded shares of Donnelley Financial Solutions from a "neutral" rating to a "buy" rating and upped their target price for the stock from $60.00 to $72.00 in a research note on Friday, April 12th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research note on Wednesday, May 1st.

About Donnelley Financial Solutions

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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