GAMMA Investing LLC Has $535,000 Stake in Donnelley Financial Solutions (NYSE:DFIN)

GAMMA Investing LLC raised its holdings in Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 9,314.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,239 shares of the company's stock after purchasing an additional 12,109 shares during the quarter. GAMMA Investing LLC's holdings in Donnelley Financial Solutions were worth $535,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of DFIN. New York State Teachers Retirement System raised its position in Donnelley Financial Solutions by 0.4% in 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 purchasing an additional 182 shares during the last quarter. Rhumbline Advisers raised its position in shares of Donnelley Financial Solutions by 2.0% during the fourth quarter. Rhumbline Advisers now owns 74,486 shares of the company's stock worth $4,672,000 after acquiring an additional 1,458 shares during the last quarter. Principal Securities Inc. raised its position in shares of Donnelley Financial Solutions by 1,537.1% during the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock worth $64,000 after acquiring an additional 953 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Donnelley Financial Solutions by 2.3% during the fourth quarter. Principal Financial Group Inc. now owns 129,187 shares of the company's stock worth $8,104,000 after acquiring an additional 2,925 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its position in shares of Donnelley Financial Solutions by 3.6% during the fourth quarter. Sanctuary Advisors LLC now owns 11,214 shares of the company's stock worth $752,000 after acquiring an additional 387 shares during the last quarter. Institutional investors own 93.84% of the company's stock.

Insider Buying and Selling

In other Donnelley Financial Solutions news, insider Craig Clay sold 11,022 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $54.03, for a total value of $595,518.66. Following the completion of the transaction, the insider now directly owns 143,448 shares of the company's stock, valued at approximately $7,750,495.44. The trade was 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 accessible through the SEC website. 4.30% of the stock is owned by insiders.

Donnelley Financial Solutions Trading Down 0.8%

Shares of Donnelley Financial Solutions stock traded down $0.48 during trading on Friday, reaching $59.79. 669,834 shares of the company were exchanged, compared to its average volume of 232,149. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.44. Donnelley Financial Solutions has a twelve month low of $37.80 and a twelve month high of $71.01. The business has a 50-day moving average price of $52.30 and a 200-day moving average price of $54.25. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 19.80 and a beta of 1.04.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced 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 21.80% and a net margin of 11.56%. The business had revenue of $201.10 million during the quarter, compared to analysts' expectations of $194.47 million. During the same period in the previous year, the firm earned $0.91 earnings per share. The firm's quarterly revenue was down 1.1% compared to the same quarter last year.

Analysts Set New Price Targets

DFIN has been the subject of a number of recent research reports. Needham & Company LLC restated a "buy" rating and set 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 research report on Monday, April 14th.

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).