Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP increased its stake in Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 14.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 136,600 shares of the company's stock after purchasing an additional 17,200 shares during the period. Two Sigma Advisers LP owned 0.47% of Donnelley Financial Solutions worth $8,569,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in DFIN. Frontier Capital Management Co. LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth approximately $26,329,000. Port Capital LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth approximately $23,114,000. Tidal Investments LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth approximately $19,595,000. Public Employees Retirement Association of Colorado lifted its holdings in shares of Donnelley Financial Solutions by 5,062.5% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 198,239 shares of the company's stock worth $12,436,000 after purchasing an additional 194,399 shares during the last quarter. Finally, Shapiro Capital Management LLC bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at $11,381,000. Institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Price Performance

Shares of DFIN traded down $0.79 during midday trading on Thursday, reaching $54.37. The stock had a trading volume of 14,986 shares, compared to its average volume of 222,941. 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 current ratio of 1.04 and a quick ratio of 1.15. The firm's 50 day moving average price is $47.27 and its 200-day moving average price is $54.73. The company has a market capitalization of $1.50 billion, a P/E ratio of 17.77 and a beta of 1.04.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DFIN shares. Needham & Company LLC reiterated a "buy" rating and set a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st. 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.

Insider Transactions at Donnelley Financial Solutions

In related news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $54.03, for a total value of $595,518.66. Following the transaction, the insider now directly owns 143,448 shares in the company, valued at $7,750,495.44. The trade was a 7.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 4.30% of the company's stock.

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).