Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stake Cut by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 790,335 shares of the company's stock after selling 19,354 shares during the period. Boston Trust Walden Corp owned 2.70% of Donnelley Financial Solutions worth $52,028,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DFIN. Mawer Investment Management Ltd. grew its holdings in Donnelley Financial Solutions by 3.4% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company's stock worth $125,864,000 after buying an additional 68,908 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Donnelley Financial Solutions by 15.3% during the second quarter. American Century Companies Inc. now owns 1,152,756 shares of the company's stock valued at $68,727,000 after purchasing an additional 152,867 shares during the period. William Blair Investment Management LLC raised its stake in shares of Donnelley Financial Solutions by 0.8% during the first quarter. William Blair Investment Management LLC now owns 445,815 shares of the company's stock valued at $27,645,000 after purchasing an additional 3,416 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Donnelley Financial Solutions by 1,178.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company's stock worth $20,381,000 after purchasing an additional 302,957 shares during the period. Finally, Millennium Management LLC grew its position in Donnelley Financial Solutions by 108.9% in the 2nd quarter. Millennium Management LLC now owns 253,178 shares of the company's stock valued at $15,094,000 after buying an additional 131,994 shares in the last quarter. Institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Price Performance

NYSE:DFIN traded up $0.61 during mid-day trading on Friday, reaching $63.97. 232,182 shares of the stock were exchanged, compared to its average volume of 165,918. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.41. The business has a fifty day moving average price of $66.05 and a 200 day moving average price of $63.37. Donnelley Financial Solutions, Inc. has a 1-year low of $51.06 and a 1-year high of $71.01. The firm has a market capitalization of $1.88 billion, a PE ratio of 19.50 and a beta of 1.35.

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

Insider Buying and Selling at Donnelley Financial Solutions

In other news, Director Jeffrey Jacobowitz sold 114,655 shares of the firm's stock in a transaction on Friday, September 20th. The stock was sold at an average price of $67.42, for a total transaction of $7,730,040.10. Following the completion of the sale, the director now directly owns 1,008,206 shares of the company's stock, valued at $67,973,248.52. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Daniel Leib sold 400 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $70.01, for a total value of $28,004.00. Following the transaction, the chief executive officer now directly owns 524,791 shares of the company's stock, valued at $36,740,617.91. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeffrey Jacobowitz sold 114,655 shares of the company'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 transaction of $7,730,040.10. Following the completion of the sale, the director now owns 1,008,206 shares of the company's stock, valued at approximately $67,973,248.52. 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 have sold 200,113 shares of company stock valued at $13,608,056. Corporate insiders own 11.90% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Needham & Company LLC restated a "buy" rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a research report on Friday, September 27th. DA Davidson boosted their target price on Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, August 1st.

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).