William Blair Investment Management LLC Has $23.57 Million Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

William Blair Investment Management LLC grew its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 375,729 shares of the company's stock after purchasing an additional 53,665 shares during the period. William Blair Investment Management LLC owned about 1.30% of Donnelley Financial Solutions worth $23,569,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DFIN. Atria Investments Inc acquired a new stake in shares of Donnelley Financial Solutions during the third quarter worth about $225,000. Empowered Funds LLC raised its holdings in Donnelley Financial Solutions by 3.1% during the 3rd quarter. Empowered Funds LLC now owns 10,768 shares of the company's stock worth $709,000 after buying an additional 320 shares during the period. Thrivent Financial for Lutherans lifted its stake in Donnelley Financial Solutions by 1.4% in the third quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company's stock valued at $1,381,000 after buying an additional 289 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Donnelley Financial Solutions by 10.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,678 shares of the company's stock valued at $1,098,000 after buying an additional 1,604 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Donnelley Financial Solutions by 6.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 351,412 shares of the company's stock valued at $23,133,000 after buying an additional 19,740 shares during the period. 93.84% of the stock is owned by institutional investors.

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Insider Transactions at Donnelley Financial Solutions

In other news, Director Gary G. Greenfield bought 1,000 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average cost of $48.89 per share, with a total value of $48,890.00. Following the completion of the purchase, the director now owns 43,128 shares of the company's stock, valued at $2,108,527.92. This represents a 2.37 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Daniel Leib sold 25,000 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the transaction, the chief executive officer now directly owns 515,191 shares of the company's stock, valued at $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. Company insiders own 11.90% of the company's stock.

Donnelley Financial Solutions Stock Up 0.3 %

Shares of DFIN traded up $0.15 during mid-day trading on Friday, hitting $44.63. 935,890 shares of the company's stock were exchanged, compared to its average volume of 191,212. The company has a market cap of $1.28 billion, a PE ratio of 14.59 and a beta of 1.44. Donnelley Financial Solutions, Inc. has a 52 week low of $41.76 and a 52 week high of $71.01. The company has a 50-day simple moving average of $56.56 and a 200 day simple moving average of $60.80. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15.

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

Analysts Set New Price Targets

Several equities research analysts recently commented on DFIN shares. Needham & Company LLC cut their price objective on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, February 19th. DA Davidson cut their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a "buy" rating on the stock in a report on Thursday, February 20th.

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).