Donnelley Financial Solutions, Inc. (NYSE:DFIN) Shares Sold by State of Wyoming

State of Wyoming lowered its stake in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 44.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,072 shares of the company's stock after selling 4,881 shares during the period. State of Wyoming's holdings in Donnelley Financial Solutions were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of Donnelley Financial Solutions by 7.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 595,344 shares of the company's stock worth $37,347,000 after buying an additional 39,980 shares during the last quarter. Northern Trust Corp grew its position in Donnelley Financial Solutions by 17.2% in the fourth quarter. Northern Trust Corp now owns 545,203 shares of the company's stock worth $34,201,000 after acquiring an additional 79,848 shares in the last quarter. Frontier Capital Management Co. LLC bought a new stake in Donnelley Financial Solutions during the fourth quarter worth approximately $26,329,000. William Blair Investment Management LLC raised its position in Donnelley Financial Solutions by 16.7% during the fourth quarter. William Blair Investment Management LLC now owns 375,729 shares of the company's stock valued at $23,569,000 after purchasing an additional 53,665 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Donnelley Financial Solutions by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 373,607 shares of the company's stock valued at $23,436,000 after purchasing an additional 22,195 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company's stock.

Donnelley Financial Solutions Stock Down 1.5%

NYSE:DFIN traded down $0.82 during mid-day trading on Monday, hitting $53.84. 232,477 shares of the company's stock traded hands, compared to its average volume of 223,929. The company has a fifty day moving average of $46.66 and a 200 day moving average of $54.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.15 and a current ratio 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 market capitalization of $1.49 billion, a P/E ratio of 17.60 and a beta of 1.04.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.54. The business had revenue of $201.10 million for the quarter, compared to the consensus estimate of $194.47 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%. The company's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a report on Thursday, May 1st. DA Davidson reissued a "buy" rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a research note on Monday, April 14th.

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).