Donnelley Financial Solutions $DFIN Shares Sold by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. reduced its position in Donnelley Financial Solutions by 29.7%, holding 116,292 shares valued at approximately $5.08 million as of its latest SEC filing.
• Despite a recent rating downgrade from "buy" to "hold" by Wall Street Zen, the stock has an average price target of $71.33, with a consensus rating of "Buy" from three analysts.
• Insider Director Luis A. Aguilar sold 7,421 shares at an average price of $56.71, decreasing his ownership by 12.21%, while institutional investors own 93.84% of the company.

Raymond James Financial Inc. cut its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 29.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 116,292 shares of the company's stock after selling 49,068 shares during the period. Raymond James Financial Inc. owned 0.42% of Donnelley Financial Solutions worth $5,083,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in shares of Donnelley Financial Solutions by 197.2% in the 1st quarter. Versant Capital Management Inc now owns 743 shares of the company's stock worth $32,000 after buying an additional 493 shares during the last quarter. Meeder Asset Management Inc. grew its holdings in Donnelley Financial Solutions by 100.5% in the first quarter. Meeder Asset Management Inc. now owns 2,484 shares of the company's stock worth $109,000 after purchasing an additional 1,245 shares during the last quarter. Gallacher Capital Management LLC purchased a new stake in shares of Donnelley Financial Solutions during the 1st quarter valued at $204,000. Nomura Holdings Inc. acquired a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth $245,000. Finally, Cetera Investment Advisers grew its stake in Donnelley Financial Solutions by 106.3% during the 4th quarter. Cetera Investment Advisers now owns 6,409 shares of the company's stock worth $402,000 after buying an additional 3,303 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Donnelley Financial Solutions from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $71.33.

Insiders Place Their Bets

In other news, Director Luis A. Aguilar sold 7,421 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $56.71, for a total transaction of $420,844.91. Following the completion of the sale, the director owned 53,343 shares in the company, valued at $3,025,081.53. This trade represents a 12.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.30% of the stock is owned by insiders.

Donnelley Financial Solutions Price Performance

Shares of NYSE:DFIN traded down $1.63 during trading on Wednesday, reaching $54.11. 257,861 shares of the company's stock traded hands, compared to its average volume of 210,848. The firm has a market cap of $1.49 billion, a PE ratio of 19.12 and a beta of 0.99. Donnelley Financial Solutions has a fifty-two week low of $37.80 and a fifty-two week high of $70.55. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $58.24 and a 200-day simple moving average of $52.87.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $1.49 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.07. Donnelley Financial Solutions had a return on equity of 20.03% and a net margin of 10.87%.The business had revenue of $218.10 million during the quarter, compared to analysts' expectations of $226.13 million. During the same quarter in the prior year, the firm earned $1.47 earnings per share. The business's revenue was down 10.1% compared to the same quarter last year. Donnelley Financial Solutions has set its Q3 2025 guidance at EPS.

Donnelley Financial Solutions 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).