Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Sells $28,004.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib sold 400 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $70.01, for a total value of $28,004.00. Following the transaction, the chief executive officer now owns 524,791 shares of the company’s stock, valued at $36,740,617.91. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Daniel Leib also recently made the following trade(s):

• On Wednesday, September 18th, Daniel Leib sold 2,881 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43.

Donnelley Financial Solutions Trading Down 3.4 %

Donnelley Financial Solutions stock opened at $67.00 on Friday. Donnelley Financial Solutions, Inc. has a 1 year low of $50.75 and a 1 year high of $71.01. The firm’s 50-day moving average is $65.82 and its 200-day moving average is $62.76. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $1.96 billion, a P/E ratio of 20.43 and a beta of 1.36.

Donnelley Financial Solutions (NYSE:DFIN) last issued its earnings results on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.08. The firm had revenue of $242.70 million for the quarter, compared to analysts’ expectations of $247.70 million. Donnelley Financial Solutions had a net margin of 13.22% and a return on equity of 25.45%. On average, equities analysts expect that Donnelley Financial Solutions, Inc. will post 3.02 earnings per share for the current year.

Institutional Trading of Donnelley Financial Solutions

Hedge funds have recently made changes to their positions in the stock. Mawer Investment Management Ltd. increased 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 buying an additional 68,908 shares during the period. American Century Companies Inc. increased 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 acquiring an additional 152,867 shares during the period. William Blair Investment Management LLC lifted its position in Donnelley Financial Solutions by 0.8% in the 1st quarter. William Blair Investment Management LLC now owns 445,815 shares of the company’s stock valued at $27,645,000 after purchasing an additional 3,416 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Donnelley Financial Solutions by 1,178.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock valued at $20,381,000 after purchasing an additional 302,957 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Donnelley Financial Solutions by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 328,050 shares of the company’s stock worth $20,460,000 after purchasing an additional 1,321 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DFIN shares. Needham & Company LLC boosted their target price on shares of Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. DA Davidson boosted their price objective on Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

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).