Boston Trust Walden Corp Reduces Stake in Donnelley Financial Solutions (NYSE:DFIN)

Boston Trust Walden Corp cut its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 1.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 762,656 shares of the company's stock after selling 11,101 shares during the quarter. Boston Trust Walden Corp owned approximately 2.67% of Donnelley Financial Solutions worth $33,336,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc raised its stake in Donnelley Financial Solutions by 197.2% in the first quarter. Versant Capital Management Inc now owns 743 shares of the company's stock valued at $32,000 after purchasing an additional 493 shares in the last quarter. Quarry LP purchased a new stake in Donnelley Financial Solutions in the fourth quarter valued at approximately $42,000. Aquatic Capital Management LLC purchased a new stake in Donnelley Financial Solutions in the fourth quarter valued at approximately $49,000. Huntington National Bank raised its stake in Donnelley Financial Solutions by 20.7% in the fourth quarter. Huntington National Bank now owns 910 shares of the company's stock valued at $57,000 after purchasing an additional 156 shares in the last quarter. Finally, Principal Securities Inc. raised its stake in Donnelley Financial Solutions by 1,537.1% in the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock valued at $64,000 after purchasing an additional 953 shares in the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Stock Performance

NYSE DFIN traded up $0.64 during trading hours on Monday, reaching $60.45. The stock had a trading volume of 160,202 shares, compared to its average volume of 231,861. The stock has a fifty day moving average of $52.69 and a 200 day moving average of $54.21. The stock has a market cap of $1.67 billion, a P/E ratio of 20.02 and a beta of 1.05. Donnelley Financial Solutions 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 0.44, a quick ratio of 1.24 and a current ratio of 1.24.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share (EPS) for the quarter, beating 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 company had revenue of $201.10 million during the quarter, compared to the consensus estimate of $194.47 million. During the same period in the previous year, the company posted $0.91 earnings per share. Donnelley Financial Solutions's revenue for the quarter was down 1.1% on a year-over-year basis.

Wall Street Analysts Forecast Growth

DFIN has been the topic of a number of research reports. DA Davidson restated 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 restated a "buy" rating and set a $72.00 target price on shares of Donnelley Financial Solutions in a report on Thursday, May 1st.

Insider Transactions at Donnelley Financial Solutions

In related news, insider Craig Clay sold 11,022 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $54.03, for a total transaction of $595,518.66. Following the completion of the sale, the insider now directly owns 143,448 shares in the company, valued at approximately $7,750,495.44. The trade was a 7.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.90% 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).