419,713 Shares in Donnelley Financial Solutions, Inc. (NYSE:DFIN) Acquired by Frontier Capital Management Co. LLC

Frontier Capital Management Co. LLC purchased a new stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 419,713 shares of the company's stock, valued at approximately $26,329,000. Frontier Capital Management Co. LLC owned about 1.45% of Donnelley Financial Solutions at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Deutsche Bank AG lifted its holdings in Donnelley Financial Solutions by 26.8% in the 4th quarter. Deutsche Bank AG now owns 33,675 shares of the company's stock valued at $2,112,000 after acquiring an additional 7,118 shares during the last quarter. Cetera Investment Advisers lifted its stake in Donnelley Financial Solutions by 106.3% during the fourth quarter. Cetera Investment Advisers now owns 6,409 shares of the company's stock valued at $402,000 after buying an additional 3,303 shares in the last quarter. BOKF NA lifted its stake in Donnelley Financial Solutions by 7.6% during the fourth quarter. BOKF NA now owns 8,762 shares of the company's stock valued at $510,000 after buying an additional 617 shares in the last quarter. Algert Global LLC purchased a new stake in Donnelley Financial Solutions during the fourth quarter valued at about $1,401,000. Finally, Comerica Bank lifted its stake in Donnelley Financial Solutions by 20.9% during the fourth quarter. Comerica Bank now owns 26,178 shares of the company's stock valued at $1,642,000 after buying an additional 4,528 shares in the last quarter. 93.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Gary G. Greenfield acquired 1,000 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were purchased at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the completion of the acquisition, the director now owns 43,128 shares of the company's stock, valued at approximately $2,108,527.92. This represents a 2.37% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 515,191 shares in the company, valued at $25,831,676.74. This represents a 4.63% decrease in their position. The disclosure for this sale can be found here. 4.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DFIN. DA Davidson reaffirmed a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Monday, April 14th. Needham & Company LLC reaffirmed a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Thursday, May 1st.

Donnelley Financial Solutions Stock Up 1.0%

Shares of DFIN traded up $0.56 during trading hours on Tuesday, reaching $55.36. The company's stock had a trading volume of 223,680 shares, compared to its average volume of 221,251. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 18.09 and a beta of 1.04. Donnelley Financial Solutions, Inc. has a 1-year low of $37.80 and a 1-year high of $71.01. The company has a quick ratio of 1.15, a current ratio of 1.04 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $44.85 and a two-hundred day moving average of $55.12.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.54. The company had revenue of $201.10 million for the quarter, compared to the consensus estimate of $194.47 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The firm's quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS.

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).