Vanguard Group Inc. Sells 20,927 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Vanguard Group Inc. lessened its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,849,957 shares of the company's stock after selling 20,927 shares during the quarter. Vanguard Group Inc. owned approximately 6.41% of Donnelley Financial Solutions worth $116,048,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DFIN. Choreo LLC bought a new position in shares of Donnelley Financial Solutions during the 4th quarter worth approximately $265,000. World Investment Advisors LLC bought a new position in Donnelley Financial Solutions during the third quarter worth $719,000. Harbor Capital Advisors Inc. acquired a new position in shares of Donnelley Financial Solutions in the fourth quarter valued at $2,264,000. Jane Street Group LLC increased its holdings in shares of Donnelley Financial Solutions by 608.0% in the third quarter. Jane Street Group LLC now owns 66,931 shares of the company's stock valued at $4,406,000 after purchasing an additional 57,477 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Donnelley Financial Solutions by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 454,284 shares of the company's stock valued at $29,906,000 after purchasing an additional 46,273 shares during the period. Institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Price Performance

Shares of DFIN stock traded down $0.69 during trading on Friday, hitting $39.99. The company had a trading volume of 843,447 shares, compared to its average volume of 212,500. The firm has a market capitalization of $1.14 billion, a P/E ratio of 13.07 and a beta of 1.23. Donnelley Financial Solutions, Inc. has a one year low of $37.80 and a one year high of $71.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. The stock's 50-day moving average price is $48.97 and its 200 day moving average price is $57.84.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.22). Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The company had revenue of $156.30 million for the quarter, compared to analyst estimates of $169.20 million.

Analyst Ratings Changes

Several brokerages recently commented on DFIN. DA Davidson reduced their target price on shares of 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 price target on shares of Donnelley Financial Solutions in a research note on Friday, March 28th.

Insider Buying and Selling at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, Director Gary G. Greenfield purchased 1,000 shares of the stock in a transaction dated Friday, February 21st. The stock was bought at an average price 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 approximately $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total value of $1,253,500.00. Following the sale, the chief executive officer now owns 515,191 shares of the company's stock, valued at approximately $25,831,676.74. This represents a 4.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.90% of the company's stock.

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).