Donnelley Financial Solutions, Inc. (NYSE:DFIN) CFO David A. Gardella Sells 3,000 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CFO David A. Gardella sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now directly owns 197,406 shares in the company, valued at $12,373,408.08. The trade was a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Donnelley Financial Solutions Trading Up 1.2 %

NYSE:DFIN opened at $61.42 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.15 and a current ratio of 1.15. The company has a market capitalization of $1.77 billion, a P/E ratio of 19.19 and a beta of 1.39. The stock’s 50 day moving average price is $61.76 and its 200 day moving average price is $63.04. Donnelley Financial Solutions, Inc. has a 52 week low of $56.02 and a 52 week high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.28). The business had revenue of $179.50 million for the quarter, compared to the consensus estimate of $181.55 million. Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 EPS. On average, research analysts forecast that Donnelley Financial Solutions, Inc. will post 3.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DFIN shares. Needham & Company LLC reissued a “buy” rating and set a $79.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, November 1st. B. Riley reduced their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

Institutional Trading of Donnelley Financial Solutions

Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC raised its stake in shares of Donnelley Financial Solutions by 72.3% in the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after acquiring an additional 198 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Donnelley Financial Solutions by 781.5% during the third quarter. Farther Finance Advisors LLC now owns 476 shares of the company’s stock valued at $31,000 after purchasing an additional 422 shares during the last quarter. Quarry LP boosted its holdings in shares of Donnelley Financial Solutions by 492.9% during the 2nd quarter. Quarry LP now owns 747 shares of the company’s stock worth $45,000 after buying an additional 621 shares during the period. nVerses Capital LLC acquired a new position in Donnelley Financial Solutions in the 2nd quarter valued at $48,000. Finally, Point72 DIFC Ltd bought a new position in Donnelley Financial Solutions in the 3rd quarter worth $74,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

Donnelley Financial Solutions Company 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).