Millennium Management LLC Boosts Stock Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Millennium Management LLC boosted its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 123.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 223,006 shares of the company's stock after buying an additional 123,239 shares during the period. Millennium Management LLC owned 0.77% of Donnelley Financial Solutions worth $13,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DFIN. Barclays PLC boosted its holdings in Donnelley Financial Solutions by 33.0% in the third quarter. Barclays PLC now owns 75,359 shares of the company's stock worth $4,960,000 after acquiring an additional 18,686 shares in the last quarter. Inspire Investing LLC lifted its holdings in shares of Donnelley Financial Solutions by 2.8% during the fourth quarter. Inspire Investing LLC now owns 6,413 shares of the company's stock worth $402,000 after purchasing an additional 177 shares during the period. Exchange Traded Concepts LLC lifted 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. KBC Group NV lifted 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, Choreo LLC acquired a new stake in shares of Donnelley Financial Solutions during the fourth quarter worth about $265,000. Hedge funds and other institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Trading Down 0.6%

Shares of Donnelley Financial Solutions stock traded down $0.34 during trading hours on Wednesday, hitting $55.17. The company's stock had a trading volume of 13,680 shares, compared to its average volume of 222,739. Donnelley Financial Solutions, Inc. has a twelve month low of $37.80 and a twelve month high of $71.01. The firm has a fifty day moving average of $47.06 and a 200-day moving average of $54.72. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 18.03 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 (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 the consensus estimate of $0.70 by $0.54. The business had revenue of $201.10 million for 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 company's quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 EPS.

Analyst Ratings Changes

DFIN has been the subject of a number of research reports. DA Davidson reaffirmed a "buy" rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Monday, April 14th. 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.

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).