Caprock Group LLC Invests $201,000 in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Caprock Group LLC acquired a new stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,366 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors also recently bought and sold shares of the company. Mawer Investment Management Ltd. grew its stake in shares of Donnelley Financial Solutions by 47.5% during the 1st quarter. Mawer Investment Management Ltd. now owns 2,042,204 shares of the company’s stock valued at $126,637,000 after purchasing an additional 657,835 shares during the period. Price T Rowe Associates Inc. MD grew its position in Donnelley Financial Solutions by 1,178.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock valued at $20,381,000 after buying an additional 302,957 shares during the period. Burney Co. increased its holdings in Donnelley Financial Solutions by 193.3% during the second quarter. Burney Co. now owns 178,524 shares of the company’s stock valued at $10,644,000 after buying an additional 117,662 shares during the last quarter. Empowered Funds LLC bought a new position in Donnelley Financial Solutions in the first quarter worth approximately $6,041,000. Finally, Great Lakes Advisors LLC boosted its stake in shares of Donnelley Financial Solutions by 1,500.4% during the 2nd quarter. Great Lakes Advisors LLC now owns 71,537 shares of the company’s stock worth $4,265,000 after acquiring an additional 67,067 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.

Insider Activity at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Craig Clay sold 400 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the transaction, the insider now directly owns 148,348 shares in the company, valued at approximately $9,805,802.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Eric J. Johnson sold 8,823 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $62.77, for a total value of $553,819.71. Following the sale, the insider now directly owns 124,186 shares in the company, valued at $7,795,155.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Craig Clay sold 400 shares of the stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $66.10, for a total value of $26,440.00. Following the transaction, the insider now directly owns 148,348 shares of the company’s stock, valued at $9,805,802.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,454 shares of company stock valued at $1,457,872. 11.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on DFIN. Needham & Company LLC upped their price objective on Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. DA Davidson upped their price target on Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st.

Donnelley Financial Solutions Stock Performance

DFIN opened at $69.05 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.45 and a quick ratio of 1.45. Donnelley Financial Solutions, Inc. has a 1-year low of $49.01 and a 1-year high of $71.01. The company has a 50 day simple moving average of $64.66 and a two-hundred day simple moving average of $62.57. The firm has a market cap of $2.00 billion, a P/E ratio of 21.05 and a beta of 1.36.

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

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).