Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 14.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 993,634 shares of the company’s stock after selling 162,142 shares during the quarter. American Century Companies Inc.’s holdings in Donnelley Financial Solutions were worth $62,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of DFIN. Intech Investment Management LLC grew its holdings in shares of Donnelley Financial Solutions by 111.8% in the fourth quarter. Intech Investment Management LLC now owns 19,556 shares of the company’s stock valued at $1,227,000 after purchasing an additional 10,323 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of Donnelley Financial Solutions by 16.7% during the fourth quarter. William Blair Investment Management LLC now owns 375,729 shares of the company’s stock worth $23,569,000 after acquiring an additional 53,665 shares during the period. Vestcor Inc acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter valued at $121,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Donnelley Financial Solutions by 22.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,395 shares of the company’s stock valued at $1,279,000 after purchasing an additional 3,717 shares during the period. Finally, Amundi grew its stake in Donnelley Financial Solutions by 175.5% during the 4th quarter. Amundi now owns 12,955 shares of the company’s stock worth $770,000 after purchasing an additional 8,253 shares in the last quarter. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Trading Up 0.2 %

DFIN opened at $45.70 on Wednesday. The business’s 50-day simple moving average is $56.28 and its 200-day simple moving average is $60.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04. The company has a market cap of $1.31 billion, a P/E ratio of 14.93 and a beta of 1.44. Donnelley Financial Solutions, Inc. has a one year low of $41.76 and a one year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data 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 company had revenue of $156.30 million for the quarter, compared to analysts’ expectations of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on DFIN shares. DA Davidson reduced their price target on Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Needham & Company LLC decreased their price target on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

Insider Activity at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, Director Gary G. Greenfield bought 1,000 shares of the stock in a transaction dated Friday, February 21st. The shares were acquired at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the transaction, the director now owns 43,128 shares in the company, valued at approximately $2,108,527.92. The trade was a 2.37 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Daniel Leib sold 25,000 shares of the company’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 sale, the chief executive officer now owns 515,191 shares of the company’s stock, valued at approximately $25,831,676.74. This trade represents a 4.63 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is owned by corporate insiders.

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).