12,400 Shares in Donnelley Financial Solutions, Inc. (NYSE:DFIN) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,400 shares of the company’s stock, valued at approximately $773,000.

Other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. raised its stake in shares of Donnelley Financial Solutions by 1.5% in the third quarter. American Century Companies Inc. now owns 982,113 shares of the company’s stock worth $55,273,000 after purchasing an additional 14,621 shares during the last quarter. Invesco Ltd. raised its stake in shares of Donnelley Financial Solutions by 207.4% in the third quarter. Invesco Ltd. now owns 753,883 shares of the company’s stock worth $42,429,000 after purchasing an additional 508,638 shares during the last quarter. Boston Trust Walden Corp raised its stake 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 purchasing an additional 238,489 shares during the last quarter. William Blair Investment Management LLC raised its stake in shares of Donnelley Financial Solutions by 2.8% in the third quarter. William Blair Investment Management LLC now owns 522,002 shares of the company’s stock worth $29,378,000 after purchasing an additional 14,296 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Donnelley Financial Solutions by 4.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 326,729 shares of the company’s stock worth $18,388,000 after purchasing an additional 12,831 shares during the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 33,122 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the completion of the transaction, the chief executive officer now directly owns 524,352 shares of the company’s stock, valued at $33,752,538.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Donnelley Financial Solutions news, CEO Daniel Leib sold 33,122 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the completion of the transaction, the chief executive officer now directly owns 524,352 shares of the company’s stock, valued at $33,752,538.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Luis A. Aguilar sold 3,047 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $63.84, for a total value of $194,520.48. Following the transaction, the director now directly owns 58,594 shares of the company’s stock, valued at $3,740,640.96. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,867 shares of company stock valued at $2,702,766. Company insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Stock Performance

Shares of DFIN opened at $63.02 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 23.25 and a beta of 1.50. The stock has a 50 day moving average of $62.49 and a 200 day moving average of $60.26. Donnelley Financial Solutions, Inc. has a 12 month low of $40.73 and a 12 month high of $66.21.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). Donnelley Financial Solutions had a net margin of 10.31% and a return on equity of 22.89%. The business had revenue of $176.50 million for the quarter, compared to analysts’ expectations of $169.35 million. During the same period in the previous year, the business posted $0.36 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on DFIN shares. Needham & Company LLC increased their price objective on Donnelley Financial Solutions from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. DA Davidson raised Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and increased their price target for the company from $60.00 to $72.00 in a research report on Friday, April 12th. Finally, B. Riley increased their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a research report on Thursday.

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).