33,287 Shares in Donnelley Financial Solutions (NYSE:DFIN) Bought by Isthmus Partners LLC

Isthmus Partners LLC acquired a new stake in Donnelley Financial Solutions (NYSE:DFIN - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 33,287 shares of the company's stock, valued at approximately $1,455,000. Isthmus Partners LLC owned approximately 0.12% of Donnelley Financial Solutions as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DFIN. Bridges Investment Management Inc. raised its holdings in shares of Donnelley Financial Solutions by 111.3% during the 1st quarter. Bridges Investment Management Inc. now owns 17,916 shares of the company's stock worth $783,000 after acquiring an additional 9,438 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Donnelley Financial Solutions by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 172,622 shares of the company's stock worth $7,545,000 after purchasing an additional 10,375 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Donnelley Financial Solutions by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 132,544 shares of the company's stock worth $5,793,000 after purchasing an additional 3,357 shares during the last quarter. Illinois Municipal Retirement Fund increased its position in shares of Donnelley Financial Solutions by 8.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 15,159 shares of the company's stock worth $663,000 after purchasing an additional 1,142 shares during the last quarter. Finally, Moran Wealth Management LLC acquired a new stake in shares of Donnelley Financial Solutions during the 1st quarter worth about $2,636,000. Hedge funds and other institutional investors own 93.84% of the company's stock.

Wall Street Analyst Weigh In

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

Donnelley Financial Solutions Trading Up 0.4%

DFIN traded up $0.26 on Wednesday, reaching $61.51. 175,234 shares of the company's stock were exchanged, compared to its average volume of 234,580. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 20.37 and a beta of 1.06. Donnelley Financial Solutions has a twelve month low of $37.80 and a twelve month high of $71.01. The company's 50 day moving average is $58.40 and its 200-day moving average is $54.45. 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 released its 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 company had revenue of $201.10 million during the quarter, compared to analysts' expectations of $194.47 million. Donnelley Financial Solutions had a return on equity of 21.80% and a net margin of 11.56%. The business's revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 EPS.

Insider Activity at Donnelley Financial Solutions

In other news, insider Craig Clay sold 11,022 shares of the 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 transaction, the insider directly owned 143,448 shares in the company, valued at approximately $7,750,495.44. This represents a 7.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company 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).