1 week Ago By ABMN Staff
Donnelley Financial Solutions, Inc. ( NYSE:DFIN – Get Free Report ) traded down 5.5% during trading on Friday .
The stock traded as low as $39.60 and last traded at $38.45.
59,408 shares traded hands during trading, a decline of 72% from the average session volume of 209,321 shares. The stock had previously closed at $40.68.
Wall Street Analyst Weigh In DFIN has been the topic of several recent research reports. Needham & Company LLC reissued a “buy” rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Friday, March 28th.
DA Davidson dropped their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th.
Get Our Latest Analysis on DFIN Donnelley Financial Solutions Trading Down 1.7 % Donnelley Financial Solutions ( NYSE:DFIN – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.
26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22).
The firm had revenue of $156.30 million during the quarter, compared to the consensus estimate of $169.20 million.
Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.
Insider Activity at Donnelley Financial Solutions In other news, CEO Daniel Leib sold 25,000 shares of Donnelley Financial Solutions stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $50.14, for a total value of $1,253,500.
00. Following the sale, the chief executive officer now directly owns 515,191 shares of the company’s stock, valued at approximately $25,831,676.74.
The trade was a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink .
Also, Director Gary G. Greenfield purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were purchased at an average cost of $48.
89 per share, with a total value of $48,890.00. Following the completion of the purchase, the director now owns 43,128 shares of the company’s stock, valued at $2,108,527.
92. The trade was a 2.37 % increase in their position.
The disclosure for this purchase can be found here . 11.90% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Donnelley Financial Solutions A number of hedge funds have recently bought and sold shares of DFIN. Versant Capital Management Inc raised its stake in shares of Donnelley Financial Solutions by 197.2% in the first quarter.
Versant Capital Management Inc now owns 743 shares of the company’s stock valued at $32,000 after acquiring an additional 493 shares during the period. Quarry LP bought a new position in Donnelley Financial Solutions during the 4th quarter valued at about $42,000. Aquatic Capital Management LLC purchased a new stake in Donnelley Financial Solutions in the 4th quarter worth about $49,000.
Huntington National Bank lifted its stake in Donnelley Financial Solutions by 20.7% in the fourth quarter. Huntington National Bank now owns 910 shares of the company’s stock worth $57,000 after purchasing an additional 156 shares during the last quarter.
Finally, Principal Securities Inc. boosted its position in shares of Donnelley Financial Solutions by 1,537.1% during the fourth quarter.
Principal Securities Inc. now owns 1,015 shares of the company’s stock valued at $64,000 after buying an additional 953 shares during the period. Hedge funds and other institutional investors own 93.
84% of the company’s stock. About Donnelley Financial Solutions ( Get Free Report ) 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).
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