Marathon Asset Management Ltd Has $8.99 Million Stock Position in Donnelley Financial Solutions (NYSE:DFIN)

Marathon Asset Management Ltd lowered its position in shares of Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 9.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 205,688 shares of the company's stock after selling 21,953 shares during the quarter. Marathon Asset Management Ltd owned about 0.72% of Donnelley Financial Solutions worth $8,990,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DFIN. Versant Capital Management Inc lifted its holdings in shares of Donnelley Financial Solutions by 197.2% during the first quarter. Versant Capital Management Inc now owns 743 shares of the company's stock worth $32,000 after buying an additional 493 shares in the last quarter. Quarry LP bought a new position in shares of Donnelley Financial Solutions in the fourth quarter worth $42,000. Aquatic Capital Management LLC bought a new position in shares of Donnelley Financial Solutions in the fourth quarter worth $49,000. Huntington National Bank increased its position in shares of Donnelley Financial Solutions by 20.7% in the fourth quarter. Huntington National Bank now owns 910 shares of the company's stock worth $57,000 after purchasing an additional 156 shares during the period. Finally, Principal Securities Inc. increased its position in shares of Donnelley Financial Solutions by 1,537.1% in the fourth quarter. Principal Securities Inc. now owns 1,015 shares of the company's stock worth $64,000 after purchasing an additional 953 shares during the period. Institutional investors and hedge funds own 93.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. DA Davidson restated a "buy" rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st.

Donnelley Financial Solutions Stock Up 1.0%

Shares of NYSE DFIN opened at $61.62 on Friday. 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. The stock's fifty day moving average is $54.30 and its 200 day moving average is $54.31. The stock has a market capitalization of $1.70 billion, a P/E ratio of 20.40 and a beta of 1.04.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its 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 firm had revenue of $201.10 million for the quarter, compared to analysts' expectations of $194.47 million. During the same quarter in the previous year, the business posted $0.91 earnings per share. The business's revenue for the quarter was down 1.1% on a year-over-year basis.

Insider Buying and Selling at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions 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 transaction, the insider now owns 143,448 shares in the company, valued at $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 SEC, which is available at this link. 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).

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