World Investment Advisors LLC Purchases Shares of 10,928 Donnelley Financial Solutions, Inc. (NYSE:DFIN)

World Investment Advisors LLC bought a new position in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,928 shares of the company's stock, valued at approximately $719,000.

Other institutional investors also recently modified their holdings of the company. Mawer Investment Management Ltd. raised its position in Donnelley Financial Solutions by 3.4% in the second quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company's stock worth $125,864,000 after acquiring an additional 68,908 shares during the period. American Century Companies Inc. raised its holdings in shares of Donnelley Financial Solutions by 15.3% in the 2nd quarter. American Century Companies Inc. now owns 1,152,756 shares of the company's stock worth $68,727,000 after purchasing an additional 152,867 shares during the period. State Street Corp lifted its stake in Donnelley Financial Solutions by 0.4% in the third quarter. State Street Corp now owns 1,060,700 shares of the company's stock valued at $69,826,000 after purchasing an additional 4,279 shares during the last quarter. Rice Hall James & Associates LLC grew its holdings in Donnelley Financial Solutions by 2.8% during the third quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company's stock valued at $59,218,000 after purchasing an additional 24,869 shares during the period. Finally, Geode Capital Management LLC increased its position in Donnelley Financial Solutions by 3.6% in the third quarter. Geode Capital Management LLC now owns 593,239 shares of the company's stock worth $39,061,000 after buying an additional 20,652 shares during the last quarter. 93.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a research report on Friday, November 1st. B. Riley dropped their price objective on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th.

Insider Activity

In related news, Director Jeffrey Jacobowitz sold 114,655 shares of the firm's stock in a transaction dated 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 transaction, the director now directly owns 1,008,206 shares of the company's stock, valued at approximately $67,973,248.52. This trade represents a 10.21 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Daniel Leib sold 2,881 shares of the 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 transaction, the chief executive officer now owns 517,810 shares in the company, valued at $36,262,234.30. The trade was a 0.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 424,931 shares of company stock worth $26,710,609. 11.90% of the stock is currently owned by insiders.

Donnelley Financial Solutions Price Performance

Shares of DFIN stock traded down $0.12 during trading hours on Tuesday, reaching $62.58. The stock had a trading volume of 217,046 shares, compared to its average volume of 170,907. Donnelley Financial Solutions, Inc. has a 12 month low of $56.02 and a 12 month high of $71.01. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1.81 billion, a PE ratio of 19.63 and a beta of 1.39. The stock's fifty day simple moving average is $62.08 and its 200 day simple moving average is $63.03.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.28). Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. The business had revenue of $179.50 million during the quarter, compared to analysts' expectations of $181.55 million. During the same quarter last year, the business posted $0.58 EPS. The company's quarterly revenue was down .3% on a year-over-year basis. On average, equities research analysts predict that Donnelley Financial Solutions, Inc. will post 3.23 EPS for the current year.

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).