Marathon Asset Management Ltd Has $15.98 Million Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Marathon Asset Management Ltd cut its holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 10.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 242,792 shares of the company's stock after selling 28,123 shares during the period. Marathon Asset Management Ltd owned approximately 0.83% of Donnelley Financial Solutions worth $15,983,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of DFIN. Bridge City Capital LLC lifted its position in Donnelley Financial Solutions by 17.9% during the first quarter. Bridge City Capital LLC now owns 6,005 shares of the company's stock worth $372,000 after purchasing an additional 912 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Donnelley Financial Solutions by 39.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 141,555 shares of the company's stock worth $8,778,000 after purchasing an additional 40,181 shares during the period. BNP Paribas Financial Markets lifted its position in Donnelley Financial Solutions by 2.3% during the first quarter. BNP Paribas Financial Markets now owns 18,974 shares of the company's stock worth $1,177,000 after purchasing an additional 423 shares during the period. Janney Montgomery Scott LLC lifted its position in Donnelley Financial Solutions by 4.8% during the first quarter. Janney Montgomery Scott LLC now owns 53,381 shares of the company's stock worth $3,310,000 after purchasing an additional 2,458 shares during the period. Finally, Texas Permanent School Fund Corp lifted its position in Donnelley Financial Solutions by 1.3% during 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 during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DFIN has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $79.00 price objective on shares of Donnelley Financial Solutions in a research report on Friday, September 27th. DA Davidson upped their price objective on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, August 1st.

Donnelley Financial Solutions Price Performance

Shares of DFIN stock traded up $0.18 on Friday, reaching $67.54. The company had a trading volume of 130,514 shares, compared to its average volume of 165,920. The stock has a market capitalization of $1.98 billion, a PE ratio of 20.62 and a beta of 1.35. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.41. Donnelley Financial Solutions, Inc. has a one year low of $51.06 and a one year high of $71.01. The business's 50-day moving average is $65.98 and its 200 day moving average is $63.20.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $1.50 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.08. The firm had revenue of $242.70 million during the quarter, compared to analysts' expectations of $247.70 million. Donnelley Financial Solutions had a net margin of 13.22% and a return on equity of 25.45%. Equities research analysts forecast that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current fiscal year.

Insider Transactions at Donnelley Financial Solutions

In related news, CEO Daniel Leib sold 2,881 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total value of $201,756.43. Following the completion of the transaction, the chief executive officer now owns 517,810 shares in the company, valued at $36,262,234.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Jeffrey Jacobowitz sold 114,655 shares of the firm's stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $67.42, for a total value of $7,730,040.10. Following the completion of the transaction, the director now owns 1,008,206 shares in the company, valued at $67,973,248.52. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Daniel Leib sold 2,881 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43. Following the completion of the transaction, the chief executive officer now owns 517,810 shares of the company's stock, valued at approximately $36,262,234.30. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 213,344 shares of company stock valued at $14,485,668. 11.90% of the stock is currently owned by insiders.

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).