Seizert Capital Partners LLC Sells 631 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Seizert Capital Partners LLC reduced its holdings in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 0.8% during the third quarter, HoldingsChannel.com reports. The fund owned 74,235 shares of the company’s stock after selling 631 shares during the quarter. Seizert Capital Partners LLC’s holdings in Donnelley Financial Solutions were worth $4,887,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mawer Investment Management Ltd. boosted its holdings in shares of Donnelley Financial Solutions by 3.4% in the 2nd 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 last quarter. American Century Companies Inc. grew its position in shares of Donnelley Financial Solutions by 15.3% during the 2nd quarter. American Century Companies Inc. now owns 1,152,756 shares of the company’s stock valued at $68,727,000 after acquiring an additional 152,867 shares during the period. Rice Hall James & Associates LLC increased its stake in shares of Donnelley Financial Solutions by 2.8% during the 3rd quarter. Rice Hall James & Associates LLC now owns 899,567 shares of the company’s stock worth $59,218,000 after purchasing an additional 24,869 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Donnelley Financial Solutions by 1,178.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock worth $20,381,000 after purchasing an additional 302,957 shares during the period. Finally, Millennium Management LLC lifted its stake in Donnelley Financial Solutions by 108.9% in the second quarter. Millennium Management LLC now owns 253,178 shares of the company’s stock valued at $15,094,000 after purchasing an additional 131,994 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on DFIN. B. Riley decreased their target price 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. Needham & Company LLC reissued a “buy” rating and issued a $79.00 price objective on shares of Donnelley Financial Solutions in a report on Friday, November 1st. Finally, DA Davidson upped their price objective on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

Insider Activity

In other news, CEO Daniel Leib sold 2,881 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43. Following the sale, the chief executive officer now owns 517,810 shares in the company, valued at approximately $36,262,234.30. This trade represents a 0.55 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jeffrey Jacobowitz sold 73,354 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $69.45, for a total value of $5,094,435.30. Following the sale, the director now owns 1,203,451 shares in the company, valued at $83,579,671.95. The trade was a 5.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 425,331 shares of company stock worth $26,738,613 over the last ninety days. Company insiders own 11.90% of the company’s stock.

Donnelley Financial Solutions Trading Down 0.9 %

Shares of DFIN stock opened at $60.40 on Friday. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 18.88 and a beta of 1.38. The company’s fifty day simple moving average is $64.65 and its two-hundred day simple moving average is $63.24. Donnelley Financial Solutions, Inc. has a 1 year low of $55.70 and a 1 year high of $71.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15.

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

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).