Two Sigma Investments LP Acquires 34,356 Shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN)

Two Sigma Investments LP grew its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN - Free Report) by 29.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 151,795 shares of the company's stock after acquiring an additional 34,356 shares during the quarter. Two Sigma Investments LP owned 0.53% of Donnelley Financial Solutions worth $9,522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DFIN. Quarry LP bought a new stake in Donnelley Financial Solutions during the fourth quarter worth about $42,000. Aquatic Capital Management LLC bought a new stake in shares of Donnelley Financial Solutions during the 4th quarter worth approximately $49,000. Huntington National Bank boosted its holdings in shares of Donnelley Financial Solutions by 20.7% in the 4th quarter. Huntington National Bank now owns 910 shares of the company's stock valued at $57,000 after buying an additional 156 shares during the last quarter. Principal Securities Inc. grew its stake 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 valued at $64,000 after buying an additional 953 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Donnelley Financial Solutions by 584.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,156 shares of the company's stock valued at $73,000 after buying an additional 987 shares in the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock traded down $0.10 during trading on Friday, reaching $54.91. 18,693 shares of the company's stock were exchanged, compared to its average volume of 223,273. Donnelley Financial Solutions, Inc. has a twelve month low of $37.80 and a twelve month high of $71.01. The firm's fifty day moving average price is $47.46 and its 200-day moving average price is $54.66. The company has a quick ratio of 1.15, a current ratio of 1.04 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.52 billion, a PE ratio of 17.99 and a beta of 1.04.

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

Analyst Ratings Changes

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

Insider Activity at Donnelley Financial Solutions

In related news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 4.30% of the stock is owned by company insiders.

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).