Dimensional Fund Advisors LP Sells 16,930 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Dimensional Fund Advisors LP lowered its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 879,455 shares of the company's stock after selling 16,930 shares during the quarter. Dimensional Fund Advisors LP owned 3.05% of Donnelley Financial Solutions worth $55,169,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DFIN. Huntington National Bank boosted its holdings in shares of Donnelley Financial Solutions by 20.7% in the fourth quarter. Huntington National Bank now owns 910 shares of the company's stock valued at $57,000 after buying an additional 156 shares during the period. Principal Securities Inc. boosted its stake in Donnelley Financial Solutions by 1,537.1% in the 4th quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock worth $64,000 after purchasing an additional 953 shares during the period. Smartleaf Asset Management LLC increased its holdings in Donnelley Financial Solutions by 584.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company's stock worth $73,000 after purchasing an additional 987 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at about $78,000. Finally, KBC Group NV lifted its holdings in shares of Donnelley Financial Solutions by 52.7% in the fourth quarter. KBC Group NV now owns 1,550 shares of the company's stock valued at $97,000 after purchasing an additional 535 shares in the last quarter. Institutional investors own 93.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Needham & Company LLC reissued a "buy" rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st. DA Davidson restated a "buy" rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Monday, April 14th.

Donnelley Financial Solutions Stock Up 1.0 %

Shares of NYSE:DFIN traded up $0.52 during trading on Thursday, hitting $53.04. 24,199 shares of the company were exchanged, compared to its average volume of 220,552. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 17.33 and a beta of 1.04. The company has a current ratio of 1.04, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. Donnelley Financial Solutions, Inc. has a fifty-two week low of $37.80 and a fifty-two week high of $71.01. The firm has a fifty day moving average price of $44.43 and a two-hundred day moving average price of $55.45.

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

Insider Buying and Selling at Donnelley Financial Solutions

In related news, Director Gary G. Greenfield bought 1,000 shares of the business's stock in a transaction dated Friday, February 21st. The stock was purchased at an average cost of $48.89 per share, for a total transaction of $48,890.00. Following the transaction, the director now owns 43,128 shares in the company, valued at $2,108,527.92. The trade was a 2.37 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Daniel Leib sold 25,000 shares of the firm's stock in a transaction 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. The trade was a 4.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 4.30% 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).