Quadrature Capital Ltd Purchases Shares of 27,321 Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Quadrature Capital Ltd purchased a new stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 27,321 shares of the company’s stock, valued at approximately $1,694,000. Quadrature Capital Ltd owned approximately 0.09% of Donnelley Financial Solutions as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DFIN. Assenagon Asset Management S.A. purchased a new stake in Donnelley Financial Solutions during the fourth quarter valued at about $2,241,000. Boston Trust Walden Corp increased its holdings in shares of Donnelley Financial Solutions by 52.0% in the fourth quarter. Boston Trust Walden Corp now owns 696,982 shares of the company’s stock worth $43,471,000 after buying an additional 238,489 shares during the period. Arlington Trust Co LLC purchased a new position in shares of Donnelley Financial Solutions in the fourth quarter worth about $173,000. Louisiana State Employees Retirement System purchased a new position in shares of Donnelley Financial Solutions in the fourth quarter worth about $773,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Donnelley Financial Solutions by 32.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,184 shares of the company’s stock worth $386,000 after buying an additional 1,528 shares during the period. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Craig Clay sold 13,231 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $66.33, for a total transaction of $877,612.23. Following the transaction, the insider now owns 134,965 shares in the company, valued at approximately $8,952,228.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Donnelley Financial Solutions news, CEO Daniel Leib sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $62.67, for a total transaction of $1,880,100.00. Following the transaction, the chief executive officer now owns 545,191 shares in the company, valued at approximately $34,167,119.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Craig Clay sold 13,231 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $66.33, for a total value of $877,612.23. Following the transaction, the insider now owns 134,965 shares in the company, valued at approximately $8,952,228.45. The disclosure for this sale can be found here. Insiders have sold 578,832 shares of company stock valued at $35,850,997 over the last ninety days. 11.90% of the stock is owned by insiders.

Donnelley Financial Solutions Trading Up 1.2 %

Shares of NYSE DFIN traded up $0.85 during trading hours on Friday, hitting $69.06. The company’s stock had a trading volume of 144,348 shares, compared to its average volume of 146,772. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.49 and a current ratio of 1.49. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 21.05 and a beta of 1.41. Donnelley Financial Solutions, Inc. has a 12 month low of $46.04 and a 12 month high of $69.38. The business has a 50-day simple moving average of $60.94 and a 200-day simple moving average of $61.93.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Wednesday, May 1st. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.25. The company had revenue of $203.40 million for the quarter, compared to analysts’ expectations of $214.10 million. Donnelley Financial Solutions had a return on equity of 24.68% and a net margin of 12.43%. On average, analysts anticipate that Donnelley Financial Solutions, Inc. will post 3.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Needham & Company LLC reiterated a “buy” rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Wednesday, May 1st. B. Riley lifted their price objective on Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Finally, DA Davidson upgraded Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $60.00 to $72.00 in a report on Friday, April 12th.

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).