Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stock Position Increased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC boosted its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 899,567 shares of the company's stock after acquiring an additional 24,869 shares during the period. Donnelley Financial Solutions accounts for 3.2% of Rice Hall James & Associates LLC's investment portfolio, making the stock its 2nd biggest position. Rice Hall James & Associates LLC owned approximately 3.07% of Donnelley Financial Solutions worth $59,218,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DFIN. SG Americas Securities LLC bought a new position in shares of Donnelley Financial Solutions during the first quarter valued at approximately $808,000. Empowered Funds LLC purchased a new position in shares of Donnelley Financial Solutions during the first quarter valued at about $6,041,000. Homestead Advisers Corp lifted its holdings in Donnelley Financial Solutions by 24.5% in the first quarter. Homestead Advisers Corp now owns 56,900 shares of the company's stock worth $3,528,000 after buying an additional 11,200 shares during the period. Quadrature Capital Ltd bought a new stake in Donnelley Financial Solutions during the 1st quarter valued at approximately $1,694,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Donnelley Financial Solutions by 1,178.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company's stock worth $20,381,000 after acquiring an additional 302,957 shares during the period. Hedge funds and other institutional investors own 93.84% of the company's stock.

Wall Street Analysts Forecast Growth

DFIN has been the topic of several research reports. 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. DA Davidson increased their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, August 1st.

Donnelley Financial Solutions Stock Down 3.2 %

Donnelley Financial Solutions stock traded down $1.85 during mid-day trading on Friday, hitting $56.49. The company had a trading volume of 394,803 shares, compared to its average volume of 167,293. The stock's 50 day moving average price is $65.84 and its two-hundred day moving average price is $63.40. Donnelley Financial Solutions, Inc. has a 12 month low of $52.52 and a 12 month high of $71.01. 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 company has a market capitalization of $1.64 billion, a PE ratio of 17.65 and a beta of 1.35.

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

Insider Activity

In other Donnelley Financial Solutions news, insider Eric J. Johnson sold 8,823 shares of the business's stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $62.77, for a total value of $553,819.71. Following the completion of the transaction, the insider now owns 124,186 shares of the company's stock, valued at approximately $7,795,155.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Eric J. Johnson sold 8,823 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $62.77, for a total value of $553,819.71. Following the sale, the insider now owns 124,186 shares in the company, valued at approximately $7,795,155.22. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jeffrey Jacobowitz sold 73,354 shares of the business's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $69.45, for a total transaction of $5,094,435.30. Following the sale, the director now owns 1,203,451 shares of the company's stock, valued at approximately $83,579,671.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 200,113 shares of company stock valued at $13,608,056 over the last ninety days. 11.90% of the stock is currently owned by corporate insiders.

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).