Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lessened its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 67.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,140 shares of the company's stock after selling 8,626 shares during the quarter. BNP Paribas Financial Markets' holdings in Donnelley Financial Solutions were worth $260,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Huntington National Bank raised its stake in Donnelley Financial Solutions by 20.7% during 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 in the last quarter. New York State Teachers Retirement System raised its position in shares of Donnelley Financial Solutions by 0.4% during the 4th quarter. New York State Teachers Retirement System now owns 52,025 shares of the company's stock valued at $3,264,000 after acquiring an additional 182 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Donnelley Financial Solutions by 3.6% during the fourth quarter. Sanctuary Advisors LLC now owns 11,214 shares of the company's stock valued at $752,000 after purchasing an additional 387 shares during the last quarter. KBC Group NV raised its holdings in shares of Donnelley Financial Solutions by 52.7% during the fourth quarter. KBC Group NV now owns 1,550 shares of the company's stock worth $97,000 after purchasing an additional 535 shares during the period. Finally, Exchange Traded Concepts LLC raised its holdings in shares of Donnelley Financial Solutions by 3.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 16,287 shares of the company's stock worth $1,022,000 after purchasing an additional 554 shares during the period. Institutional investors and hedge funds own 93.84% of the company's stock.

Donnelley Financial Solutions Stock Performance

Shares of NYSE:DFIN traded down $0.66 during trading hours on Friday, hitting $54.35. The stock had a trading volume of 251,889 shares, compared to its average volume of 224,511. The stock's fifty day simple moving average is $47.63 and its 200 day simple moving average is $54.54. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 17.76 and a beta of 1.04. 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, Inc. has a 1-year low of $37.80 and a 1-year high of $71.01.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on DFIN. DA Davidson reiterated a "buy" rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Thursday, May 1st.

Insider Activity

In related news, insider Craig Clay sold 11,022 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $54.03, for a total transaction of $595,518.66. Following the transaction, the insider now owns 143,448 shares in the company, valued at $7,750,495.44. This trade represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.30% of the company's stock.

Donnelley Financial Solutions Company 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).