Public Employees Retirement Association of Colorado Purchases 194,399 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Public Employees Retirement Association of Colorado raised its position in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 5,062.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,239 shares of the company's stock after purchasing an additional 194,399 shares during the period. Public Employees Retirement Association of Colorado owned 0.69% of Donnelley Financial Solutions worth $12,436,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP bought a new position in Donnelley Financial Solutions in the 4th quarter worth about $42,000. Aquatic Capital Management LLC purchased a new position in Donnelley Financial Solutions in the 4th quarter worth approximately $49,000. Huntington National Bank increased its holdings in shares of Donnelley Financial Solutions by 20.7% in the 4th quarter. Huntington National Bank now owns 910 shares of the company's stock worth $57,000 after buying an additional 156 shares during the last quarter. Principal Securities Inc. raised its position in shares of Donnelley Financial Solutions by 1,537.1% during the 4th quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock valued at $64,000 after buying an additional 953 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Donnelley Financial Solutions by 584.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company's stock worth $73,000 after buying an additional 987 shares during the period. Institutional investors own 93.84% of the company's stock.

Insider Buying and Selling

In related news, CEO Daniel Leib sold 25,000 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the sale, the chief executive officer now owns 515,191 shares in the company, valued at approximately $25,831,676.74. This represents a 4.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary G. Greenfield acquired 1,000 shares of the stock in a transaction dated Friday, February 21st. The stock was acquired at an average price of $48.89 per share, for a total transaction of $48,890.00. Following the purchase, the director now directly owns 43,128 shares in the company, valued at approximately $2,108,527.92. This trade represents a 2.37 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.90% of the stock is currently owned by company insiders.

Donnelley Financial Solutions Stock Up 3.3 %

Shares of NYSE DFIN traded up $1.69 during mid-day trading on Friday, hitting $52.37. 290,316 shares of the stock traded hands, compared to its average volume of 222,881. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 17.11 and a beta of 1.23. The stock has a fifty day moving average price of $44.28 and a 200-day moving average price of $55.76. Donnelley Financial Solutions, Inc. has a 52 week low of $37.80 and a 52 week high of $71.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio of 1.04.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $194.47 million. During the same period in the prior year, the firm earned $0.91 EPS. The company's revenue was down 1.1% compared to the same quarter last year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Needham & Company LLC reiterated a "buy" rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Thursday. DA Davidson restated a "buy" rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a report on Monday, April 14th.

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).