Louisiana State Employees Retirement System Has $849,000 Stock Holdings in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Louisiana State Employees Retirement System boosted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,900 shares of the company’s stock after buying an additional 400 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Donnelley Financial Solutions were worth $849,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CWM LLC lifted its stake in shares of Donnelley Financial Solutions by 72.3% in the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after purchasing an additional 198 shares during the period. Quarry LP lifted its stake in shares of Donnelley Financial Solutions by 492.9% in the 2nd quarter. Quarry LP now owns 747 shares of the company’s stock valued at $45,000 after purchasing an additional 621 shares during the period. nVerses Capital LLC acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at $48,000. Quest Partners LLC acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at $197,000. Finally, Caprock Group LLC acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at $201,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DFIN shares. DA Davidson increased their price target on Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $79.00 price objective on shares of Donnelley Financial Solutions in a research note on Friday.

Donnelley Financial Solutions Stock Performance

Shares of Donnelley Financial Solutions stock opened at $56.91 on Tuesday. The company has a market capitalization of $1.65 billion, a PE ratio of 17.78 and a beta of 1.38. Donnelley Financial Solutions, Inc. has a 12 month low of $52.52 and a 12 month high of $71.01. The company has a current ratio of 1.15, a quick ratio of 1.45 and a debt-to-equity ratio of 0.28. The stock’s fifty day simple moving average is $65.45 and its 200 day simple moving average is $63.36.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results 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). The firm had revenue of $179.50 million for the quarter, compared to the consensus estimate of $181.55 million. Donnelley Financial Solutions had a return on equity of 22.70% and a net margin of 12.06%. Donnelley Financial Solutions’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the company posted $0.58 EPS. On average, research analysts predict that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current year.

Insiders Place Their Bets

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 2,881 shares of the stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $70.03, for a total transaction of $201,756.43. Following the completion of the transaction, the chief executive officer now owns 517,810 shares in the company, valued at approximately $36,262,234.30. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Daniel Leib sold 2,881 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $70.03, for a total value of $201,756.43. Following the completion of the transaction, the chief executive officer now owns 517,810 shares in the company, valued at $36,262,234.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey Jacobowitz sold 114,655 shares of the firm’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $67.42, for a total value of $7,730,040.10. Following the completion of the transaction, the director now owns 1,008,206 shares of the company’s stock, valued at $67,973,248.52. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 200,113 shares of company stock worth $13,608,056. Corporate insiders own 11.90% of the company’s stock.

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).