O Keefe Stevens Advisory Inc. Purchases 6,114 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

O Keefe Stevens Advisory Inc. lifted its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,410 shares of the company's stock after purchasing an additional 6,114 shares during the quarter. Donnelley Financial Solutions accounts for 3.3% of O Keefe Stevens Advisory Inc.'s portfolio, making the stock its 13th largest position. O Keefe Stevens Advisory Inc. owned approximately 0.80% of Donnelley Financial Solutions worth $10,028,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc lifted its position in Donnelley Financial Solutions by 197.2% in the 1st quarter. Versant Capital Management Inc now owns 743 shares of the company's stock valued at $32,000 after acquiring an additional 493 shares in the last quarter. Quarry LP acquired a new position in shares of Donnelley Financial Solutions during the 4th quarter worth about $42,000. Aquatic Capital Management LLC acquired a new position in shares of Donnelley Financial Solutions during the 4th quarter worth about $49,000. Huntington National Bank increased its stake in shares of Donnelley Financial Solutions by 20.7% during the 4th quarter. Huntington National Bank now owns 910 shares of the company's stock worth $57,000 after purchasing an additional 156 shares during the last quarter. Finally, Principal Securities Inc. increased its stake in shares of Donnelley Financial Solutions by 1,537.1% during the 4th 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 last quarter. 93.84% of the stock is owned by institutional investors.

Insider Transactions at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, insider Craig Clay sold 11,022 shares of the firm's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $54.03, for a total value of $595,518.66. Following the transaction, the insider now directly owns 143,448 shares of the company's stock, valued at approximately $7,750,495.44. This trade represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.30% of the stock is currently owned by corporate insiders.

Donnelley Financial Solutions Price Performance

DFIN stock traded up $0.45 during trading on Thursday, reaching $55.75. 49,984 shares of the company were exchanged, compared to its average volume of 300,304. The company has a 50-day moving average of $48.22 and a two-hundred day moving average of $54.46. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 18.22 and a beta of 1.04. Donnelley Financial Solutions, Inc. has a twelve month low of $37.80 and a twelve month high of $71.01. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.54. The business had revenue of $201.10 million during 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%. Donnelley Financial Solutions's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period last year, the company earned $0.91 EPS.

Analysts Set New Price Targets

DFIN has been the subject of a number of recent research reports. DA Davidson reissued a "buy" rating and issued a $72.00 price objective 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 objective on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st.

About Donnelley Financial Solutions

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).