Eric J. Johnson Sells 16,757 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Eric J. Johnson sold 16,757 shares of the stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $58.34, for a total value of $977,603.38. Following the completion of the sale, the insider now directly owns 138,338 shares in the company, valued at $8,070,638.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Donnelley Financial Solutions Price Performance

NYSE DFIN opened at $57.77 on Friday. Donnelley Financial Solutions, Inc. has a one year low of $41.98 and a one year high of $66.21. The stock has a 50-day moving average of $61.58 and a 200 day moving average of $61.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 17.61 and a beta of 1.41.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.25. The firm had revenue of $203.40 million during the quarter, compared to analyst estimates of $214.10 million. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. On average, sell-side analysts forecast that Donnelley Financial Solutions, Inc. will post 3.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on DFIN shares. DA Davidson raised shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and increased their price objective for the company from $60.00 to $72.00 in a research report on Friday, April 12th. B. Riley increased their price target on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a report on Thursday, April 25th. Finally, Needham & Company LLC reissued a “buy” rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, May 1st.

Institutional Investors Weigh In On Donnelley Financial Solutions

A number of hedge funds have recently added to or reduced their stakes in DFIN. SummerHaven Investment Management LLC boosted its stake in shares of Donnelley Financial Solutions by 1.2% in the 4th quarter. SummerHaven Investment Management LLC now owns 15,436 shares of the company’s stock worth $963,000 after buying an additional 178 shares during the last quarter. Diversified Trust Co boosted its position in Donnelley Financial Solutions by 4.0% in the fourth quarter. Diversified Trust Co now owns 7,076 shares of the company’s stock worth $441,000 after purchasing an additional 269 shares during the last quarter. Texas Permanent School Fund Corp grew its stake in shares of Donnelley Financial Solutions by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 21,654 shares of the company’s stock valued at $1,343,000 after purchasing an additional 286 shares during the period. ProShare Advisors LLC increased its position in shares of Donnelley Financial Solutions by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 4,989 shares of the company’s stock valued at $309,000 after purchasing an additional 345 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its stake in shares of Donnelley Financial Solutions by 3.3% in the 4th quarter. Yousif Capital Management LLC now owns 12,754 shares of the company’s stock worth $795,000 after purchasing an additional 407 shares during the period. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

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).